Great Mobile App for Evaluating Investment Opportunities

Property Evaluator is a great mobile app for investors who need to quickly determine the profitability of real estate investments. In addition, the app allows you to easily prepare professional investment reports to email to others.

When evaluating an investment, it is important to take into account all of the potential costs you may incur during the life of the investment and how they may change over time.  These costs include but are not limited to:

1. Vacancy costs
2. Leasing commissions
3. Reserves for repair & maintenance expenses
4. Reserves for HVAC system replacement and roof replacement
5. Utilities, lawn care, and pest control expenses while home is vacant
6. Hoa, mortgage, property insurance, and property taxes expenses
7. Property management fees
8. Make ready costs (deep cleaning, professional carpet cleaning, paint, rekey, etc…)

For more details about the Property Evaluator app, go to https://itunes.apple.com/us/app/property-evaluator-real-estate/id372063167?mt=8

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Jorge Lopez

Realtor at Green Residential

Jorge is one of Green Residential’s Realtors. He is responsible for overseeing various leasing and sales activities. He has worked in the customer service and sales industry for 15 years.

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