As real estate professionals, the CMA (Comparative Market Analysis) is the foundation of our investment property research. However, it doesn’t paint the entire picture for an investment property. The purchase price is one thing, but the ROI is what you’re after.
For most of us, determining the ROI means gathering property information, breaking out the spreadsheets and struggling with formulas. This process is time consuming and tedious to say the least. The excitement of finding a potential deal can easily get lost in the frustration of dealing with unnecessary complications.
Provided by MLS, other listing services, Included in MogulMind:
- Property Details (# Bedrooms, # Baths, Lot Size, Year Built, etc)
- Property Photos
- Listing Price
- Automatic Comps
- Project Cash Flow, Cash-on-Cash (and more) for Rentals
- Costs for renovations, Holding & Loan Costs (and more) for Flips
- Quickly evaluate alternate investment scenarios
MogulMind is Quick and Easy
Investors, have you ever lost a deal because you weren’t able to make a decision fast enough? Well, you don’t have to worry about that anymore because MogulMind’s evaluation tools make it easy for you to get the numbers quickly. Literally in seconds. MogulMind’s magic does the number crunching for you, allowing you to make smarter choices faster. Imagine that you are looking at the nutritional facts on a box of cereal. You compare it to the many other options for sale. It makes it easy to choose the cereal that has the health benefits you’re looking for. Our evaluations allow you to do exactly that. We provide you with the nutritional facts for your potential real estate investments.
Compare Investment Scenarios for a Property
Decisions, Decisions: Should you hold it or flip it? MogulMind makes it easy to build and compare multiple investment strategies. It’s intelligent investment evaluations will even provide you with personalized advice. It gives each strategy a score letting you know which one provides the best ROI. Again, allowing you to quickly make your investment decision based on intelligent evaluations.
Whether it is a flip or a rental property, MogulMind provides an easy to read and understand breakdown from the beginning of your project to the end. For your flips: expenses from start to finish including loan payments, points, interest, repairs, commissions, closing cost, insurance, etc. For your rental properties: appreciation, rental income, rent increases, loan payments, loan payoffs, cash flow analysis, advice, projections, and more.
When you are ready to share the investment property information with your clients, lenders, and business associates, you have an easy-to-understand evaluation with attractive graphs and charts to back up your numbers.
And don’t forget, with MogulMind you can build a beautiful cloud based portfolio for all of your rentals and flips. It’s fun, easy, and sure to impress.
Real Estate Agents
We certainly did not forget about you. This software was designed for you to sell more investment properties! Investor’s want to see the investment value, not just the MLS listings. You need to be able to provide your Buyer’s with their ROI quickly before they move on to the next deal. Comps are obviously a necessity for all real estate evaluations and transactions (especially important on investment properties) and of course are included in MogulMind’s evaluations but, they are just the starting point. Sharing through MogulMind’s powerful Scenario Pools allows you to group and share different scenarios with one or more clients. Do you have a real estate investor that you have found multiple properties for? If so, you can create a Pool for them which makes it very easy and convenient for them to compare all of the different properties of interest. You can also group properties together for similar investors. For example, if you have found a few potential investment properties for your clients in a hot zip code, you can create a Pool for them and share the Pool with all of your clients that are interested in that area. It’s easy to send beautiful HTML formatted emails with previews of all of the investment scenarios in the Pool. Of course, you can also just share the Property Pool with a link. We’ve got you covered!