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Updated over 17 years ago,
Anyone using Property Analysis Tool
I just looked at the tool on this site. It appears to be produced by RealestateCritic.
Not too complex and some interesting analysis if you produce reports.
At the same time it seems to have a pretty static sense of a deal. Hence I do not see a way to input a purchase price that is below FMV. When the projects are done the appreciation started from the purchase price and not the likely market value.
I have checked the FAQ and other help details. As the tool is free I am not expecting all the bells and whistles. At the same time I sort of figured it would be common for an investor to buy a deal (discounted price).
Any comments from anyone?
John Corey
PS. If there is a great tool out there that people use (free or otherwise) I would not mind hearing about it.