Well, you could rely on your gut feeling…
But why would you want to? If you’re going to make a major investment, and any real estate buy certainly counts as major (unless you’re Donald Trump), then you really should apply some due diligence.
That’s not to say all of your experience counts for nothing, it’s just saying that you should take a peak at what the numbers tell you.
It used to be a real project to do that kind of analysis. But that’s why we created Real Estate Genius — it’s fast, and it’s simple. No more excuses! Spend a few minutes working on your assumptions, plug them into Real Estate Genius, and you’ll come away with a detailed picture of how things just might play out.
It’s even better than sketching things out on the back of a napkin!
