Updating post from Reddit.

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QUESTION
Posted by redjeansman 3 weeks ago
property deal analyser sheet?

Do any of you guys use a property deal analyser?

If so would you recommend one?

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Posted by Yuptown 3 weeks ago

I would recommend Robert Heaton’s property books. He explains all the fundamentals and also supply’s deal sheets through his website (if you have purchased the book).

The best no-nonsense books I’ve read regarding property!

That said, I have built my own, I have both simple and highly detailed commercial level models.

You only need something simple to stack the fundamentals to see if a deal is worthwhile.

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Posted by Short-Price1621 3 weeks ago

You should be cautious to use other peoples cheat sheets.

They are useful but often only a small part of the decision process and often use large assumptions.

For example, the one I use takes the average property price increase over the last 25 years to estimate price increase in the future. Likewise with inflation but as you know neither inflation nor house price increases have been reflective in the last 5 years over the last 25 years.

My advice to anyway entering the market; money is made between the lines. Do what others won’t, can’t or don’t to add value. If you’re a sparky, pick up properties that need a rewire, a bricky, build extensions etc.

For me, I was a solicitor and I buy properties with legal defects. Being a landlord is just a side gig as the tax is too high to sell.

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Posted by redjeansman 3 weeks ago

Thank you

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Posted by getground_ukbuytolet 3 weeks ago

Here's an analyser that pulls in 10–20 data sources for any UK postcode or area into one report, using AI to recommend an investment score. You can also tweak the assumptions, so you’ve got full control over the scenarios you're exploring.

Full disclosure: I work at GetGround, but honestly think the tool’s worth checking out either way. If there's any key info you think is missing, drop us a message

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Posted by TomGrayOnReddit 3 weeks ago

This is sick!

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Posted by maybelletallanty53zf 3 weeks ago

So you recommend your own product—what are the odds?

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Posted by chamanager 3 weeks ago

If you are thinking of investing in property - or anything else - you should be capable of doing your own analysis. If you don’t fully understand something then you shouldn’t be investing in it.

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