Real Estate Flip app review: a handy investment calculator

Introduction

If you’re interested in exploring investment in real estate, also known as ‘flipping’ properties, then be sure to check out Real Estate Flip - Investing Calculator for all the tools you need to determine exactly what your costs and returns are likely to be.

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I’m not an investor of any kind but in my humble, humble opinion, if you’re new to the world of real estate I would recommend seeking out the assistance of an experienced professional to talk you through the steps involved in property investment.

Having said that, this is definitely a very useful tool for those of you who are just looking to get a more generalized idea of what returns you can expect to see on your investments, and I think that more seasoned investors will also find it to be a great time-saving utility.

Real Estate Investment Simplified

This app has been designed to act as an all-in-one reference and utility that you can use to calculate your costs and returns on investment, with the ability to compile fully customizable presentation reports for multiple properties.

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I would imagine that this could be very useful for putting together a credible presentation if you’re looking to borrow money from your bank to sink into a potentially fruitful real estate investment.

Create Detailed Reports in .PDF Format

Real Estate Flip - Investing Calculator features a first and second mortgage calculator, which is something that I don’t often see in finance apps, and there are also predefined categories for more than 200 common repairs that might need to be made to your properties.

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Once you’ve inserted all of the relevant information you’ll be able to see the purchase price, after repair value, financing details, acquisition closing costs, holding costs, and more, all of which can be shared with others online via email in .PDF file format.

Pros & Cons

Pros        

• Create fully customizable presentation reports
• Create reports for multiple properties
• Includes a handy first and second mortgage calculator
• Includes more than 200 common repair items
• Easily categorize your data to keep things neat and tidy
• Add custom notes to your entries for even more concise recordkeeping
• Create a record of your own personal and company information
• Add a map image and up to six images of properties
• Easily add more than 20 buy, hold, and sell costs
• Calculate purchase price, after repair value, financing, acquisition closing costs, holding costs, and more
• Share your reports with others online via email in .PDF file format

Cons

• There is nothing negative to say about this app

Final Words

I don’t pretend to know the first thing about property investment but Real Estate Flip - Investing Calculator for iPhone and iPad definitely offers an extensive set of features, enabling you to calculate just about everything that may be involved in the acquisition of new properties.