| Q: |
Why do I need the products you are offering here? |
| A: |
As a potential investor in a real estate property,
you have vested interest in knowing what kind of return you can
expect from your investment and what kind of cash flows (incoming
and outgoing) you will see in the future. |
| Q: |
Can I use the software for comparing two real estate
properties? |
| A: |
Absolutely, you can compare a number of projects that
are available to you including the sale and refinancing of your
existing property with other purchase opportunities you may have.
You can compare these "projects" based on the expected
cash flows (cash on sale or cash infusion requirements) or the return
on your investment (ROI or IRR). You can do the analysis for as
many properties as you like. |
| Q: |
I am interested in flipping properties. Can I use
your software for this? Or in general, can I use your software products
for periods less than a year or include fractions of a year (for
example, 2.5 year time horizon)? |
| A: |
You can use the software for any holding period of
more than a month. Fractional years for holding periods will be
converted to months during the rate of return calculations. |
| Q: |
How much time do I need to spend to complete my
analysis? |
| A: |
Obviously, the answer depends on the type of property
you are analyzing. For example a multi-family real estate project
is more complex to analyze than a personal dwelling. However, if
you have the input parameters ready, you should come up with estimates
for your cashflows and IRR of a personal home within a few minutes.
|
| Q: |
Do I need to have an in-depth understanding of
accounting or finance to use your products? |
| A: |
No special training is needed. Your technical savvy
that landed you in our web site is more than adequate to use our
software products. The software products are so easy-to-use and
intuitive that you will not require a manual, even though a help
file is available to you. |
| Q: |
What type of technical support do you provide? |
| A: |
We answer all your technical questions submitted to
us electronically in less than 24 hours via email. Again, the software
is very easy-to-use and in all likelihood you will not require any
support. |
| Q: |
How do you arrive at the expected cash
flows? |
| A: |
The are three kinds of parameters that serve as input to our
programs:
1. Property specific parameters that are known at the time you
make your investment. Examples of this kind of input are purchase
price, down payment, and mortgage interest rate.
2. Parameters whose future values are less certain, but you can
use known historic values as proxies. Examples of this kind of
input are inflation rate and property appreciation rate.
3. Property specific values whose future values are uncertain
and historic values may or may not be indicative of future expectations.
Examples of this kind of input are cost of maintenance or special
projects. For example, you do not know with certainty if you would
like to change the flooring in your vacation home or your personal
home needs an all-new siding.
|
| Q: |
What is IRR? |
| A: |
IRR or internal rate of return (or sometimes referred
to as ROI, return on investment) is the mathematical term describing
the overall average annual rate of return on a series of unequal
cash flows (e.g., first year income & expenses, second year,..).
|
| Q: |
How do you calculate the ROI (or IRR)? |
| A: |
Once the cash flows are known for each period, we
use standard mathematical functions to arrive at IRR of your real
estate project. We also provide plots of how IRR changes depending
on the holding period of the property. |
| Q: |
What if I can find a cheaper competitive product? |
| A: |
We at AnalyzeToWin believe we provide the most comprehensive
least expensive software solutions to your real-estate analysis
needs. If you find a software product with the same features as
one of our products, we will give you a 20% discount as compared
to the competitor's price. |
| Q: |
What if I do not like your software product? |
| A: |
We have a ten-day money back guarantee. No questions
asked, with a full refund. |
| Q: |
How do your Microsoft Excel-based products differ
from your stand-alone product? Which one is the right solution for
me? |
| A: |
The stand-alone Real Estate Analyzer Deluxe allows
you to analyze three different property types (rental, vacation,
or personal home) while the excel-based programs are each specific
to one property type. Additionally, the Real Estate Analyzer Deluxe
features a scenario analysis that allows you to see the impact of
a parameter change (e.g., price, mortgage rate, etc.) all on one
screen wihout having to go back to the input screen to change. However,
it does not offer the same level of detail and features as the Real
Estate Analyzer Pro and that are required for more advanced property
investments. |
| Q: |
I am a real estate agent and would like to buy
several copies. Can I get a discount? |
| A: |
We offer volume discounts. Please contact us via email
with the number of copies you would like to have.
|
| Q: |
What are the minimum system requirements for the
Real Estate Analyzer Deluxe ? |
| A: |
The Real Estate Analyzer Deluxe runs on any Windows
98, 2000, XP or NT system. Some of the reporting features require
Microsoft Word to be installed, but it is not required in general.
You can also save the report as text file for printing or further
use in other programs.
|
| Q: |
How do I install the Real Estate Analyzer
Deluxe? |
| A: |
The CD contains a setup.exe. Double-clicking on setup.exe
will take you through the easy installation process.
|
| Q: |
What are the minimum system requirements for the
excel-based programs? |
| A: |
The excel-based programs will work on any Windows
system with Microsoft Excel 2000 or higher.
|
| Q: |
How do I install the excel-based programs? |
| A: |
Simply unzip the downloaded file into any directory
and open it with Excel. Excel will ask you whether you want to enable
macros. You answer yes to enable the macros in order for the program
to work.
|