Real Estate software question

[Cheryl J McGrath]

Is there a software program that weighs out all your investing options. Example- Put in your property details and program tell you which investment would be best based on the info. you provided....BRRRR, Buy and hold, Buy and rent. Fix and Flip, wholesale ect.

[Leo R.]

@Cheryl J McGrath there are many calculators, spreadsheets, and resources out there for analyzing properties, but there's no fool-proof app that can tell an investor everything they need to know about a property--because REI involves a LOT more than just data.

For instance, a musty smell in the basement caused by water intrusion, a neighbor with a loud barking dog, a floorplan that's awkward but that could easily be re-arranged, significant settling, the location of load-bearing walls, the routing of electric, HVAC ducts, and plumbing  --these are just a few of the MANY factors that might cause me to buy (or not buy) a property, but none of these factors will be conveyed in data or on an app. 

Of course, data can provide an initial birds-eye-view of whether a property might or might not be a viable investment. If you're a relatively small scale investor (buying about 1 property per year, or less), then online calculators like the ones BP has, combined with your own spreadsheet customized to your preferences should suffice for the data analysis portion of your property analyses.

...but the data alone doesn't tell the whole story (Zillow learned this the hard way!). 

Good luck out there!