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Real Estate Property Evaluation

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sjhowardhomes

PARKED
Apr 24, 2021
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0
1
Hey Everyone,

I'm trying to conduct some research to better understand how you use technology to evaluate a potential investment property. If you have 5 - 10 minutes and wouldn't mind filling it out I would greatly appreciate!

Evaluating Properties Questionnaire

Thanks!

P.S. I'm hoping this helps guide me in a product I would like to develop and anyone who fills out the questionnaire will have free access to the beta when it's ready.
 

MJ DeMarco

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Surveys and questionnaires as a first post is generally not allowed on this forum and typically indicates you are not here to contribute to the community , but here to take. However I'll let this ride for now...
 

sjhowardhomes

PARKED
Apr 24, 2021
2
0
1
Surveys and questionnaires as a first post is generally not allowed on this forum and typically indicates you are not here to contribute to the community , but here to take. However I'll let this ride for now...
I appreciate it! I've been working on getting my real estate investment business off the ground and run into a cumbersome workflow when it comes to evaluating properties. I'm hoping to see if this resonates with others and whether there is some improved tool that can be developed to help make this process easier. That's my eventual hope when it comes to contributing back to the REI community!
 

RochGull

PARKED
Jul 6, 2021
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0
1
Good luck with your project. Give us an update on your results so far. You simply add up the rental income and then subtract your expenses like property taxes, maintenance, condo fees, utilities, and any other costs associated with the rental property. If the net operating income isn't a very positive ratio, you need to run away from it as fast as you can. Remember that the most important thing in real estate is the price. Of course, there is a difference when you look for coworking space rather than office space for rent, but regardless of the motivation, the original rules apply as usual.
 
Last edited:

Antifragile

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My business is RE development. And if you choose to post questions and engage in a dialogue, I’ll try to help. But I won’t be filling out random surveys.

For what it’s worth, we value our RE using excel pro-forma first. Then as a requirement for our banks, we engage an independent appraiser too.
 

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