All Forum Posts by: Franco Li

Sounds like a great deal. Congratulations.

Hi Everyone!

I am the founder of a real estate analytics startup called DiviSmart.

As a real estate investor, I've found on numerous property hunts that investment-related information is not too obvious, and certainly not provided by many brokers/agents. DiviSmart wants to make real estate transactions as transparent as possible, so we work with both investors and agents to provide independent and unbiased investment analysis - think CarFax or a Moody's/Fitch Rating Agency for personalized real estate!

Agents use our services to promote an honest investment valuation on their listings, and investors tend to use us as a benchmark to validate these opportunities. We provide stress analysis for economic downturn scenarios, sensitivity on different spectrums of rental revenue, and our algorithmic rating.

Here's one we did for an investor in Brockport, NY:

http://divismart.com/viewreport/divismart/61-westw...

Let us know if you or your team have any questions or is interested to learn more. If anyone is interested, you can signup for free and use the promo code BP2017 at checkout to get a free report.

Sincerely,

Franco Li

Co-Founder

Out of curiosity, where is the foreclosure price taken from? I understand that certain websites won't track everything that happens in between.

Hi Everyone!

I am the founder of a real estate analytics startup called DiviSmart.

As a real estate investor, I've found on numerous property hunts that investment-related information is not too obvious, and certainly not provided by many brokers/agents. DiviSmart wants to make real estate transactions as transparent as possible, so we work with both investors and agents to provide independent and unbiased investment analysis - think CarFax or a Moody's/Fitch Rating Agency for personalized real estate!

Agents use our services to promote an honest investment valuation on their listings, and investors tend to use us as a benchmark to validate these opportunities. We provide stress analysis for economic downturn scenarios, sensitivity on different spectrums of rental revenue, and our algorithmic rating.

Here's one we did for an investor in Brockport, NY:

http://divismart.com/viewreport/divismart/61-westw...

Let us know if you or your team have any questions or is interested to learn more. If anyone is interested, you can signup for free and use the promo code BP2017 at checkout to get a free report.

Sincerely,

Franco Li

Co-Founder

Hey folks. Being from NYC, earlier in 2016 we had this crackdown on short-term rentals as well, so I understand your situation. Best of luck guys and my sincerest hopes that you guys can get the ball rolling. 

FL

Wow that sounds like a really good opportunity. I don't think I can give you a hard number to value it and list it as, but I think people will definitely look at the comp and price it as a benchmark. Your first move should be to contact the realtor and ask them more info - they'll probably tell you anything you want to know in order to get your lead - and see how competitive the bids were, or whether the market will absorb your condo at that price or higher.  If the condo is in high demand, it may drive the price up as well. Still, I think the comp is a great sign. Good luck! 

I hope you are looking at this property eventually and not making any decisions prior. Your best bet is to ask a property manager since a realtor may not give you enough honest answers - they are trying to drive sale. I still recommend looking at the place in person. Make sure you've looked at and understand the condition of certain critical parts of the home i.e. roof, windows, flooring, etc. Other things like area and expected rental are obvious questions as well, but you can probably conduct a bit of research on that end. Good luck!

If you are buying a primary residence, rates are going to get higher w/o a doubt so I recommend you look for financing right now that works for you - if you have a plan in mind already. If you are looking for rental investment, well then 90% of the work is making sure you have appropriate leverage and making sure the strategy works, so it doesn't really matter when/where you go; only how much money you can make! Best of luck. 

Hi Everyone!

I am the founder of a real estate analytics startup called DiviSmart.

As a real estate investor, I've found on numerous property hunts that investment-related information is not too obvious, and certainly not provided by many brokers/agents. DiviSmart wants to make real estate transactions as transparent as possible, so we work with both investors and agents to provide independent and unbiased investment analysis - think CarFax or a Moody's/Fitch Rating Agency for personalized real estate!

Agents use our services to promote an honest investment valuation on their listings, and investors tend to use us as a benchmark to validate these opportunities. We provide stress analysis for economic downturn scenarios, sensitivity on different spectrums of rental revenue, and our algorithmic rating.

Here's one we did for an investor in Brockport, NY:

http://divismart.com/viewreport/divismart/61-westw...

Let us know if you or your team have any questions or is interested to learn more. If anyone is interested, you can signup for free and use the promo code BP2017 at checkout to get a free analysis.

Sincerely,

Franco Li

Co-Founder

Hi Everyone!

I am the founder of a real estate analytics startup called DiviSmart.

As a real estate investor, I've found on numerous property hunts that investment-related information is not too obvious, and certainly not provided by many brokers/agents. DiviSmart wants to make real estate transactions as transparent as possible, so we work with both investors and agents to provide independent and unbiased investment analysis - think CarFax or a Moody's/Fitch Rating Agency for personalized real estate!

Agents use our services to promote an honest investment valuation on their listings, and investors tend to use us as a benchmark to validate these opportunities. We provide stress analysis for economic downturn scenarios, sensitivity on different spectrums of rental revenue, and our algorithmic rating. 

Here's one we did for an investor in Brockport, NY:

http://divismart.com/viewreport/divismart/61-westw...

Let us know if you or your team have any questions or is interested to learn more. If anyone is interested, you can signup for free and use the promo code BP2017 at checkout to get a free analysis. 

Sincerely,

Franco Li

Co-Founder