Would anyone be interested in an online tool that can find positive cashflow properties (provide you with the address) and identify suburbs/regions that are positive cashflow throughout Australia?
I developed a prototype just for fun and it seems to be working. It won’t guarantee that the property will be +CF but it will narrow the list of +400,000 properties that are currently for sale.
If there would be a demand for something like this please let me know and I will continue working on it and put something online for people to test.
Thanks
superAndrew | Property Analyser and Finder Tool
https://property-analyser.com.auHi Andrew
Welcome aboard.
I doubt you’ll have any objections from this forum.
Cheers
Jamie
Jamie Moore | Pass Go Home Loans Pty Ltd
http://www.passgo.com.au
Email Me | Phone MeMortgage Broker assisting clients Australia wide Email: [email protected]
Thanks Jamie :)
Am trying to generate a discussion and get some more info from the members:
- Whether they have come across something similar before (I couldn’t find any similar services, except people that would find properties for you)
- Whether it would offer any benefits to established investors who already have a current system in place and not just be a “magic” tool for starter investors.
- What people would be skeptical about and what features would they like.
- And any other info that can help me develop this product for the people that would use it.
What I like and what I am interested to know might be completely different to other investors.
superAndrew | Property Analyser and Finder Tool
https://property-analyser.com.auHi Andrew,
This sounds interesting – I’m a web designer by trade so would be interested in testing this out
Rgds
Wayne
What would be cool is a mobile app that calculates returns on the fly. (Similar to Jamie’s spread sheet – http://www.passgo.com.au/investment-property-analysis-tool.html)
When your at home opens, you could simply open the app, punch the price and rent return, then it spits out a feasibility report (eg, shortfall, yield etc)
Would anyone be interested in an online tool that can find positive cashflow properties (provide you with the address) and identify suburbs/regions that are positive cashflow throughout Australia?
http://www.realestateinvestar.com.au/ they have a similar system to yours, however I think there is room for competition, in my opinion realestateinvestar is over priced at $250 per month for a subscription
What would be cool is a mobile app that calculates returns on the fly. (Similar to Jamie’s spread sheet – http://www.passgo.com.au/investment-property-analysis-tool.html) When your at home opens, you could simply open the app, punch the price and rent return, then it spits out a feasibility report (eg, shortfall, yield etc)
This would be quite easy to make. I think there are some apps already out there that do this.
superAndrew | Property Analyser and Finder Tool
https://property-analyser.com.auIf anyone is interested in testing the tool PM your email address and I will add you to a list. Alternatively just keep an eye on this forum. I will announce on here when the online version will be ready.
superAndrew | Property Analyser and Finder Tool
https://property-analyser.com.auHere are two properties that are positive cash flow:
75 Simpson Street Somerset Tas 7322
55 Martin Street Wynyard Tas 7325
Negatives are that it’s located in Tasmania and capital growth will be minimal.
superAndrew | Property Analyser and Finder Tool
https://property-analyser.com.au
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