What Multifamily Deal Analyzer is commonly used?

Question

I am looking for a Multifamily Deal Analyzer that I can use as a guide to underwrite my deals. Eventually I will create my own underwriting system but I would like to use one as sort of a model. I heard from so many people that the top 3 deal analyzers they use are

1. Michael Blank's SDA

2. Think Multifamily Deal Analyzer

3. Touphin's Deal Analyzer.

Curious to hear what other people think and maybe get an idea of what is being used as a guide to model a future model that would be used on syndication deals.

Rick Martin · Answer

@Brian Geiger put this on your list as well: http://adventuresincre.com It is free and offers full training on their site. A lot of reputable syndicators suggest it. I have used the SDA a lot.

I want to check into the one that @Arn Cenedella suggests as well. Rob Beardsley says it is more simple, which I am all for. Too many times we get lost in the weeds on these analyzers. Getting back to the broker with an answer, quickly, is essential.

Arn Cenedella · Answer

I don’t think Rob’s is simple, may be simple for him but not for me!

Arn Cenedella · Answer

Rob Beardsley Lone Star Capital Group has one too and he sells a book to go along with it.

Ryan Daigle · Answer

@Brian Geiger I use Michael Blank's SDA and find it to be commonly used and understood. He also has a series of videos that explain his approach.

Carl Millsap · Answer

@Brian Geiger we use MB's SDA and couldn't be happier with it. So far as we've grown it's been easy to adapt to different scenarios.

Bonus is that as he updates it you receive the updated version vs. buying the new version.

Lee Ripma · Answer

@Brian Geiger

I bought 1 and it’s really good. I modified it for my own use. The videos take you through it and it’s inexpensive. So I recommend it. I don’t know the other two but others I have seen are not any good.

What Multifamily Deal Analyzer is commonly used?

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