Sometimes you'll need to analyze alternative investment scenarios for the same property. For example, you may want to compare financing it vs. buying it cash, or varying your purchase price and long-term projections.
The easiest way to accomplish this with DealCheck is to add a property and enter all of its information, then copy (or duplicate) it and fine-tune each scenario as needed.
Here is how to copy existing properties:
Using the Quick Action Menu
The quickest way to copy a property is by using the quick action menu on the left side (or at the top right on mobile).
Step 1: Click the "Copy" Button in the Quick Action Menu
Open the quick action menu and click the Copy button:
Step 2: Adjust Deal Parameters as Needed
After copying the property, go to the Purchase Worksheet page to customize any parameters or numbers you'd like to change:
Tip: you can compare the new property with the original one to see which scenario will produce the best outcome.
Using the New Property Workflow
Another way to copy a property is by using the new property workflow, which gives you more control over the process.
Step 1: Click the "Add Property" Button from the Property List
Navigate to your property list and click the Add Property button at the top right:
Step 2: Select the "Copy Property" Option
Step 3: Customize the Copy Options
You can choose one of your existing properties you'd like to copy, or paste the link of a property that was shared with you by somebody else.
By default, DealCheck will copy all of the information from the existing property, but you can also toggle which sections you'd like to copy manually:
Step 4: Click the "Copy Property" Button
Once everything looks good, click the Copy Property button at the bottom of the page to finish the process:
Step 5: Adjust Deal Parameters as Needed
The new property will be added to your account and you can customize its parameters as needed on the Purchase Worksheet page:
Tip: you can compare the new property with the original one to see which scenario will produce the best outcome.
Note: the above screenshots were taken from our website, but the same features can be found in our iOS and Android apps as well.