Real Estate Agent · Norfolk, VA · Member since 2015 · 36 posts · 5 votes
I am interested in knowing what calculators other investors are using to determine price when making offers particularly those who who have not signed up for Pro members status. I do plan to sign up for pro status in the future, but until that time, just wondering what others are doing? Thanks again
@Bernard H. Well, let me start this way by saying, I started using BP's calculators, to learn how to calculate then I created my own sheets form there. You need to experience first!
@Bernard H. Before I became a PRO member, I used an app called DealCheck. They use similiar metrics as the calculators on BP but they offer a free version where you can analyze 5 or so deals depending on the strategy (Rental, BRRRR, Flips, and Wholesale). You can actually delete the properties you analyzed to keep using the free version. If you use the paid version it's like 9 bucks a month or something for the full version that doesn't limit you to 5 properties. It's a great way to get used to doing quick analysis on properties if you are getting started. Feel free to reach out if you have any other questions.