Keep all of your property information organized in one place. Get a visual idea of where you have evaluated investment properties.
Use Zillow recently sold comps to assist with coming up with the best sales price. Use these comparables until you can talk to your Realtor to obtain more data.
To accurately estimate repair costs you have to assess a comprehensive scope of work and accurately tie repair costs to that scope of work.
Determining the necessary improvements to bring the house up to your desired market standard is half of the battle. You need have a comprehensive list of repairs to accurately assess the repair costs. If you forget to include something in your scope of work you could end up losing money.
Then determine how much the repair costs will be. You need to know the amount of labor needed to do the work and the quantity of materials that you will need.
We use industry wide rules-of-thumb to help Investors quickly determine the scope of work and repair costs, saving countless hours of time spent estimating. We also help by reducing the risk of missing a repair with a 31 point checklist that has been proven effective over 1,000's of rehab projects..
Making fast, accurate offers on potential investment properties is key to your success as a real estate investor.
Once you know your repair costs and have determined your After Repair Value (ARV), we help you crunch the numbers with our simple and flexible financial calculator.
You can use the Profit Calculator to determine the expected profit, appropriate purchase price or even the required sales price. We have pre-populated the calculator with default values, but you can easily override those values with your own values, and you can save those values for future assessments.
So often people forget to account for ALL the costs associated with buying and selling residential real estate. We help you quickly determine the costs associated with a real state transaction while helping to prevent the tendency to overlook or underestimate costs.
Return on Investment
Risk Assessment Tab
Rehabbing houses can be a risky proposition. There are numerous risks that need to be accounted for when making a purchase decision. Missing one of these key risk factors could cost you thousand of dollars in profits.
We have identified the most common risk factors that impact Real Estate Investors across the country. Our key risk checklist is critical to success in real estate investing.
We help remind our users to look at the electrical wiring to make sure that the property doesn't have knob & tube or aluminum wiring.
In some areas properties are on well-water and/or septic sewage which may need to be inspected by a professional.
Some environmental conditions may exist such as pervasive mold, soil contamination or rodent infestations.
All of these conditions need to be considered when purchasing a property. If overlooked the results could be disastrous.
Generate beautiful, professional reports that let everybody know you have done your due diligence.
Breakdown: The rehab cost assessment report shows a detailed breakdown of the scope of wok and the cost of the repairs that your property needs to into marketable condition.
Share-able: Our color-coded repair cost breakdown is easy to understand and easy to share online with custom URL links that you can email or post online. You can even text a link to someone phone of you can send the report as a PDF attachment.
Risk Index: Using our proprietary algorithm the Rehab Risk Index helps you determine the potential to lose money on a job. The higher the Rehab Risk Index the greater the skill level needed successfully complete a project.
Recruit Partners: If you are an investor looking for a lender or equity partner... If you are a wholesaler trying to sell a property... If you are a Realtor trying to help your investor clients... Show everyone that you have done your due diligence with this professional report.