Real Estate Genius Investment Software Blog

Announcing a special new offer from Real Estate Genius… free real estate agent promotion! Now realtors and agents can add their contact information as well as up to 3 property listings to Real Estate Genius.

Information will be available to all site visitors, and is also available for instant import into the Real Estate Genius property analysis tool. What a great way to promote your for sale listings.

To get your listing, visit:
http://www.real-estate-genius.com/agent.php.

We’ve set up an account at Squidoo, which is a pretty cool new website. Visit Real Estate Genius over there if you have a chance.

Shameless plug — we’ve added a new option - now you can buy a prepaid membership certificate for friends or family who could benefit from Real Estate Genius. Maybe you know someone who needs a little nudge in the right direction. More info.

Welcome to the new blog format. We’ve decided to try out Wordpress for the blog. Give us a little time to refine the format, but we think this should be a more robust solution.

Our gnomes have been hard at work adding new features to the website. We have added a Property Listing Service– this is something you have to check out. The focus is on investment properties.

Unlike your typical MLS (listing service), which only tells you about the property, we have tied our listing service to the Real Estate Genius analysis software. With one click, you can import any listing into our analyzer to get the lowdown on ROI and cash flow!!!

Obviously, you are relying on seller- or realtor-provided data, so take it with a grain of salt. However, with that as your base, you can then create your own scenarios for the same property to get a sense of the potential range.

How cool is that! Instant due diligence (or at least enough to allow you to quickly scan listings for potential deals you want to pursue further.

We have just launched this listing service, so in the near term, there are limited numbers of listings. However, keep an eye on it… over the next few weeks we expect to add lots more!

Here is a tip: Judson and Lynn Voss offer a very well done weekly podcast on real estate investing. Their podcast is from the investor’s point of view; each week they bring in a different expert to shed some light on different aspects of the real estate business. It’s a free podcast; we’ve been enjoying listening to it while commuting back and forth to work. A lot more educational than Top40 radio!

It just so happens that Judson and Lynn contacted us to feature yours truly, Real Estate Genius, on the podcast. The podcast was a nice forum for explaining ‘why’ investors should care abot financial forecasting, as well as ‘how’ Real Estate Genius works.

Check it out– uou can visit the Get Real REI website and download the podcast here:
http://getrealrei.com/blog/?p=22

Or if you have iTunes, you can go right to the iTunes podcast center to subscribe:
http://phobos.apple.com/WebObjects/MZStore.woa/wa/viewPodcast?id=137345066&s=143441&i=4721654

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!