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Updated almost 6 years ago,
What Are The Different Strategies You Use For Quick Underwriting
Recently I read an article by Omar Khan about a different approach towards a quick underwriting/analysis of a property https://www.biggerpockets.com/blogs/10776/79833-un...
This approach actually puts the numbers and excel spreadsheet to the side, and incorporates the use of creating a google map tool of the city/suburb you are searching. For a very visual learner like me that likes to look at pictures, creating a map and plotting the major developments, grocery stores, StarBucks, shopping facilities, best schools, median household incomes etc... of an area opens up 50-60% of the story for you straight off the bat. Then when you get sent a property, you search it in your map and can swipe left or right straight away (Tinder Pun).
I am now utilizing this as a tool of mine and want to know what sort of tools you are using in your analysis that may differ from the norm?