[contribution] Instant analysis tool for marketplace properties.
Disclaimer: this is NOT an ad, or asking for website feedback. I share this tool because we believe it provides value to fellow investors. The software is provided as an "AS-IS" with no warranty. It is free and will always be free.
Problem: As a TK investor, I found myself spend hours every week on BP Marketplace trying to analyze if a deal is good or bad. What if something can do the analysis or at least the pre-screening for me?
My friend and I spent a few weekends developing this tool for personal use. Then we realize sharing is caring ;) It look like this:
For all properties with a FULL address, this tool will automatically compare to the asking price and current rent to estimate market value and estimate rent. Easy to understand and use
- Pricing in RED -- too expensive
- Pricing in GREEN -- good deal
- Pricing in YELLOW -- fair pricing
- Rent in RED -- over estimate of the rent
- Rent in GREEN -- under estimate rent
- Rent in YELLOW -- fair rent
- When you hover on it, a bubble with detail will show you why we believe it's a good deal.
One gotcha: you need to use Google chrome as your browser, sorry Firefox or IE lovers.
Get it at h t t p: //j.mp/bpTools, or PM me with ideas to improve the tool.