What is Real Amigos?
When you co-own a home, the deed might say 50/50, but the finances almost never are. One person puts down more cash, someone covers extra mortgage payments, another pays for a new roof. These differences change how much of the property each person actually owns, but nobody is tracking that in real time.
Spreadsheets track transactions. They don't track ownership. Your property doesn't need another expense tracker. It needs a stock ledger.
That's what Real Amigos is. Every time a financial event is logged (a mortgage payment, a repair, a capital improvement) the app instantly recalculates each owner's exact equity percentage and dollar amount. Everyone sees the same numbers, always.
Why it matters
Ownership shifts every time money moves. Without a system tracking it, nobody knows the real numbers until there's a dispute or someone wants out. Real Amigos gives a clear, provable answer to "what's my equity right now?" which matters most when splitting expenses fairly and when calculating a buyout.
What it tracks
Equity contributions
Payments that shift ownership: down payments, mortgage principal, and capital improvements. Each one recalculates every owner's percentage automatically.
Non-equity expenses
Day-to-day costs that don't change ownership: utilities, minor repairs, HOA. These are split proportionally by current ownership percentage through Cash Corner, which works like Splitwise for co-owners.
Escrow
The portion of your mortgage held by the lender for taxes and insurance. Tracked separately, then settled through Cash Corner when the lender pays those bills.
Capital improvements
The most nuanced type. These are what we refer to as dual expenses: one part raises the home's value (shifts equity), the other part doesn't (goes to Cash Corner). Real Amigos splits them automatically and tracks depreciation over time.
How it works
A financial event gets logged. Real Amigos instantly recalculates each co-owner's equity and updates expense balances. The app maintains a complete, auditable history of every transaction and ownership change. Market value stays current using real estate data, so equity reflects what the home is actually worth today.
If you don't know your exact equity, do you truly co-own?