As a real estate investor, you likely have specific criteria you use to determine whether a particular property will be a good investment.
For example, you may have a minimum monthly cash flow or ROI target for rental properties and BRRRR's, or a minimum profit target for flips.
In either case, DealCheck can help you quickly screen deals and find properties that are worth buying.
Step 1: Customize Your Purchase Criteria
First, customize your investment criteria for rental properties, BRRRR's, flips or wholesale deals by clicking the Purchase Criteria link on the left side of the property list:
Enable the criteria that are important to you and enter a specific value you're targeting for each metric:
If you're using DealCheck with our free plan, you'll have a limited set of criteria available to you. Upgrade to DealCheck Plus to unlock all investment criteria options.
Step 2: View How Each Property Stacks up Against Your Criteria
Each of your properties will be instantly checked against your criteria and marked with a green checkmark or a red x to indicate whether it met your criteria or not.
Hover over these icons to see the specific criteria the property met or didn't meet:
You can also view the complete purchase criteria analysis at the bottom of the Property Analysis page for each property:
Tip: If a property doesn't meet your criteria, you can use the Offer Calculator to calculate a maximum purchase price that will be required for your criteria to be met.
Step 3: Include Criteria Analysis in Your PDF Reports
You can include a breakdown of which criteria a property met or didn't meet when you export its PDF report.
To enable this, turn on the Include Purchase Criteria toggle under Report Sections:
The next time you generate a PDF report for this property, you'll see the purchase criteria analysis added on a separate page:
Note: The above screenshots were taken from our online app, but the same features can be found in our iOS and Android apps as well.