New Property Investment Web Site

User Forum Topic
Submitted by LuckyInOC on June 25, 2009 - 7:49am

Has anyone seen or use this website?

http://www.smartzip.com/

It calculates the potential growth (10 yrs) and current cashflow of any property you enter.

I checked it out using my current and past properties.
The estimated rental value seamed accurate.

What do you think?

Lucky In OC

Submitted by Nor-LA-SD-guy on June 25, 2009 - 9:59am.

I would say that it seems not to be taking into account inflation and that it does not seem to take into account cost to replace (or build new communities) or population growth once the foreclosure ride ends.

But that is just an amateurs opinion.