If you’re thinking about buying a rental property, flipping a house, developing a small community with up to 6 homes or simply preparing your home for sale or buying a home, you will need to accumulate, manipulate and analyze a fair amount of data. These are not inexpensive simple transactions. There are many MOVING parts! And this analysis is uncommon for most people thereby consuming time and energy and producing results that may be dogged with not so obvious errors.
We have developed a series of easy-to-use Excel models, that will allow you to make better decisions in less and minimizing any unpleasant surprises down the road.
Key Features of Excel Models
Solid Analytical Foundation
Like a pilot’s takeoff checklist, the models address every significant component that affects ROI including revenues, cost components, appreciation rates and Cost of Living Index. We believe these models are inclusive of everything that can significantly impact the veracity of the results.
The models are color-coded showing what data is manually entered and what data is automatically calculated by the model.
One of the things investors need to consider is what is likely to happen over time to property values and Cost of Living Index. Many things can happen over the life of an investment, which today averages about ten years. Investors are buying for the future and ROI-related factors must taken into consideration. Our models, when required, allow the user to input such things as appreciation rates, rent increases and COL adjustments to obtain a more reliable ROI estimate over the life of the investment.
These models are now available:
1. Comparative Residential Rental ROI (multiple properties)
2. House Flip ROI and Purchase Price Estimator
3. Small Development ROI (up to 6 homes)
In addition to models we also have Excel spreadsheets for:
1. Home Prep ROI Analysis and Project Management
2. Property Condition Report for Buyers
Real Estate transactions are among the largest financial events in one’s life, so it just makes sense to provide investors and home sellers and buyers with reliable, easy-to-use tools and reports that provide them reliable data . . . that is easy to understand and saves time.
If you are thinking about investing in a rental, you should understand how IRS 1031 can help you defer capital gains as you sale a rental property and invest the proceeds into another investment property.