Better Deal

Detect, Predict, Invest. Find Your Hidden Gems

Freemium

Description

Better Deal provides real estate investors with an AI-driven platform to simplify the process of finding and analyzing investment properties. It aims to eliminate guesswork by offering data-backed insights, including property value estimates (ARV), rental income potential, and market statistics. The tool aggregates crucial information like sales comparables, rental listings, city growth trends, and crime rates into a single interface.

The platform features automated calculations for key investment metrics such as Net Cap Rate and Cash-on-Cash (COC) return, helping users assess profitability quickly. Better Deal also offers a Chrome extension, enabling users to analyze properties directly on popular listing sites like Zillow and Realtor. It focuses on providing reliable, evidence-based data to support informed decision-making and financial planning for potential investments.

Key Features

AI-Powered Analysis: Utilizes AI for property insights, ARV, and rent estimations.
Comprehensive Data Aggregation: Combines sales comps, rental listings, market stats, city growth, and crime rates.
Investment Calculation Suite: Automatically calculates Max Allowable Offers, Net Cap Rate, COC, and other financial metrics.
Chrome Extension Integration: Analyze properties directly on sites like Zillow and Realtor without switching tabs.
Expense Prediction: Helps forecast potential costs associated with an investment property.
Customizable Analysis: Allows manual adjustment of expenses to see impact on returns.
Data-Driven Insights: Focuses on evidence-based data over anecdotal information.

Use Cases

Identifying undervalued real estate investment opportunities.
Analyzing potential rental properties for cash flow and ROI.
Streamlining the due diligence process for property acquisitions.
Comparing investment potential across different properties and markets.
Making quick property assessments while browsing online listings.

Frequently Asked Questions

What makes Better Deal different from other real estate analysis tools?

Better Deal integrates a user-friendly website with a Chrome extension for both deep and quick analyses. It allows data customization and instantly shows the impact on investment returns.

How accurate is the property price and estimated rent provided by the system?

The system uses up-to-date data from real estate listings, tax records, and market analyses for accuracy. However, actual prices can vary due to market conditions and specific property details.

Can I manually adjust the expenses and how does it affect the investment cap rates?

Yes, expenses like HOA fees, taxes, and insurance can be manually adjusted. These changes automatically recalculate investment cap rates (gross, net, COC) to show their impact on returns.

Is the Chrome extension available for browsers other than Chrome?

Currently, the extension is only for Chrome. Development for other major browsers is being explored.

How is the flood zone data determined?

Flood zone data comes from government and environmental agencies using topography, historical data, and climate models to provide up-to-date risk assessments.