Monday, October 25, 2010
How to use the 30 Second Real Estate Analyzer
The "30 Second Real Estate Analyzer" BlackBerry app is currently available for free download from BlackBerry App World.
The BlackBerry application can be used by investment property seekers to help find cash positive properties. The application is only the beginning of your analysis and you will have to complete an indepth analysis of the revenues and expenses before committing to purchase any property.
Simply enter in the expected purchase price of the property and the anticipated monthly rents. Once you hit calculate the application will provide you with an initial analysis of whether or not you should add this property to your short list or does it identify it is a Red Alert. A Red Alert means that the property is already cash negative before even getting into all of the additional expenses.
Enjoy the free download and stay tuned for the next release which will provide more analysis power and real estate investment education.