All Forum Posts by: Raje P.

Dang, I haven't posted in this forums for a loooonngg time now.

@Winnie Timmons: I actually stopped real estate investing so that I could focus on my college, so I didn't really find a similar software. It's been more than a year, so I would think there will be a similar one out there.

@Joe Fairless: On top of my head, I think it is $2,000 - $4,000. I can't remember exactly how much. Could be way more expensive (But Looking back, professional software suites do cost around this much).

Thanks again Ned.
Spot on Minh L. The only reason I to went to the $199 seminar coz it's not that bad, and why not. Besides, I actually did learn a lot from that seminar. It opened my mind to be a Real Estate Investor. hehe.

And I didn't.. I'm wise enough not to sign up to those "Advance Training" programs. I'd rather put that money towards my first house down payment..

Yeah they did in fact got me excited, but I'm no way advertising their software.. Anyways, thanks for the info! I'll look up the softwares you suggested.. Any property analyzer, and contract-making software??

Basically what I'm looking for is a program or programs that could:

1. find properties with a ton of info (Like an MLS, but including pre foreclosure)
2. be able to analyze a properties
3. tools, calculators, contracts, contact management, etc
4. syndicate (post fliers to a bunch of websites like craigslist, etc)

So far, realyields.com from BP is appealing to me.. But I need that contract generating feature..

EDIT: Oh and the program is ridiculously expensive..

So I just got home from my RDE 3 day seminar, and it was worth it for $199; however, they demonstrated this software called Rich Dad Real Estate Success Software that is not included in the basic training.. I really like the software, and I was wondering if there are similar programs like this..

Here's a link the you guys can check out:

http://richdadeducation.com/Ress.aspx

Watch the videos, and you'll see how great it is..

Here are the features:

Searching for properties: Adding to my properties and property analysis
Understanding the core functions of this powerful software.

Learn how to conduct a basic property search and get details on the owner, property characteristics, and sales and tax information.

View the property and surrounding areas using one of several available maps: aerial, hybrid, street views, and value heat map.

View details on comparable and neighboring properties, sales reports, and community profiles.

Use the analysis wizard to calculate mortgage and closing costs, total rehab and improvement expenses, and monthly income and operating expenses.

Finding Profitable Real Estate Trends
See how RESS technology helps you pinpoint future profit potential.

View powerful ways to spot trends and analyze their potential.

Compare trends in different markets and I.D. the strongest.

Use the Microsoft Virtual Earth trending heat map to locate, view, and compare selected areas and properties.

Know the bottom line impact of key metrics including estimated value, square foot, lot size, bedrooms, and more.

Form growth projections for 6 months, 1 year, 3 years, and 5 years.

Tools: Contacts and Contracts
See how RESS tools can make managing your real estate business easier and more efficient.

Keep vital contact information in one location complete with search functionality.

View a comprehensive assortment of ready-made contracts and forms.

Use the Autofill function to save time and energy when preparing contracts and agreements.

Assemble and print out your Financial Statement with the touch of button.

Calculators and Glossary
Explore multiple tools that can help you build and manage your growing real estate portfolio.

Use the Mortgage Calculator to find out how much you will pay for your mortgage.

Determine if a prospective renter is a potential buyer using the Home Affordability Calculator.

Calculate total interest as well as interest saved with the Mortgage Accelerator based on standard, bi-weekly, and/or double principal mortgages.

Search for and master hundreds of real estate terms with the RESS Glossary.

I prefer single family/apartment since I'm beginner with little knowledge about REI. Then when I have enough experience, I think I'll move on to multifamily (should I?). I would actually prefer to have a steady passive income/cashflow rather than assets. (I honestly don't know what's the pros of having a bigger asset or having a steady cashflow.. Could you explain the ups and downs of both??)

Pardon me for my newbie questions!

My long term goal is to buy a lot properties in OC and rent those out. My only problem is that, I'm young college student, and I barely make money; I don't have a down payment to start with, and money is tight right now..

To make it worse, no one in the family knows about finance besides me...

Hey guys! Newbie from SoCal! I really hope to learn more about REI in here! Any good tips for starting up besides wholesaling?

Thanks!

Thanks! Because I saw some realllyy cheap manufactured homes built last year.. I totally forgot about the park.. My other choice was to get a duplex, and have the other side rented, but I just can't find a good enough deal.. I currently rent (with parents) and it's quite expensive..

First and foremost, I'm only 22 years of age, and a college student with less than a grand of paycheck each month.. After attending one of Robert Kiyosaki's free workshop, I was enthusiastic about wholesaling.. A few days of intense reading and driving for dollars, I came to conclusion that it is harder than I thought.. Should I wholesale?? My long term goal is to own properties and have it rented. I will hire a property management company to manage and make my life less stressful for I go to work and college full time.. Also, I was thinking of buying cheap and new manufactured homes, and have those rented.. Feel free to ask me anything.