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Updated over 5 years ago on . Most recent reply

User Stats

19
Posts
5
Votes
Lonnie Thomas
  • Rental Property Investor
  • Chicago, IL
5
Votes |
19
Posts

How to analyze a deal

Lonnie Thomas
  • Rental Property Investor
  • Chicago, IL
Posted

How to analyze a deal like a real estate professional?

Most Popular Reply

Account Closed
  • Investor
  • Gardena, CA
398
Votes |
445
Posts
Account Closed
  • Investor
  • Gardena, CA
Replied

I developed my own software to analyze real estate. I've been dealing with real estate investing for more than 50 years and never ever met a broker who did calculations that would tell me whether or not an investment was good. I never met a broker who showed me any type of math or software. 

For anyone interested, I give my software away for free with the hope that other investors will help improve it with ideas math and everything that a real estate investor needs from a very beginner to a professional. To use my software you need MS Access 2003. The upside to my software is is free and has every field imaginable for analyzing flipping houses. It was created to download Excel files from propertyradar.com and auction.com. It has a about a hundred filters for managing files. It easily prints customized and personal letters, prints labels on a roll, or 30 on a page. It has a contact section and educational section. It prints Offers To Purchase by filling in the fields and has many pre-printed real estate forms. It has links to favorite videos. It has templates for contingencies and a lot more. Ms Access does everything you wish Excel could do and does it a thousand times better.

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