DealCheck Pros and Cons

My favourite thing about DealCheck is how easy and quick it is to use. It takes less than 2 minutes to enter all of the required information on the deal you'd like to analyze and get detailed results! I've also shared this platform with some of my real estate investor clients and they absolutely love it. Review collected by and hosted on G2.com.

There isn't much I dislike about Dealcheck. The one thing they can improve on is the look and feel of the IOS application to make it look more modern and beginner friendly. Either way, this isn't a big deal to me and doesn't affect my overall experience. Review collected by and hosted on G2.com.

Using DealCheck does not require a professional to be its operator because of its simple design including a set of step-by-step instructions. The built-in calculator of DealCheck instantly gives figures like cash flow, ROI, and profit for me to see a property’s potential. Review collected by and hosted on G2.com.

I found out during my practice is that public data may be inaccurate or contain missing information. This can lead to gross computations and inaccurate hypothesis and forecasts and a sort of risk comes with the use of public data sources. Review collected by and hosted on G2.com.

DealCheck is intuitive and allows quick import of MLS data, which significantly speeds up the analysis of multiple listings simultaneously. In addition, the ability to customize investment criteria allows for efficient filtering and comparison of potential investments. Review collected by and hosted on G2.com.

The mobile app could be improved to provide a better experience when using it in the field. Review collected by and hosted on G2.com.

DealCheck has made our role of engineering in property development smooth. The customization of different properties to bring more revenue and ensure easy maintenance is also a powerful part from DealCheck.

The flexible implementation plans from DealCheck is a determined part. Review collected by and hosted on G2.com.

DealCheck has solid and dynamic measures that makes it inclusive and helpful without negligence. Review collected by and hosted on G2.com.

DealCheck got me out of the spreadsheet and into a far more elegant tool for real estate analysis. I love that it helps me analyze common residential real estate investments, including rentals, BRRRs, and flips. Review collected by and hosted on G2.com.

The software sometimes lacks flexibility for deals using a hybrid of two strategies. I also wish it was easier to compare various exit strategies without making multiple copies of a property. That said, the DealCheck team has made many improvements in these areas over the years, including the ability to forecast future expenses in specific years, and I expect they will continue to improve their product. Review collected by and hosted on G2.com.

DealCheck makes real estate analysis super easy with automated calculations and a clean interface. I love how quickly I can evaluate cash flow, ROI, and other key metrics without manual spreadsheets. Review collected by and hosted on G2.com.

The free version has some limitations, and I wish there were more customization options for reports. Review collected by and hosted on G2.com.

I enjoy that it has a mobile app so you can analyze deals on the go or when walking a property. Review collected by and hosted on G2.com.

I think if you could make offers in the app that would be great. Review collected by and hosted on G2.com.

It automatically pull public information and calculate the cost by using standard benchmark data Review collected by and hosted on G2.com.

The itemized cost data is difficult to fill in, and it also does not have a function to enter seller credit Review collected by and hosted on G2.com.

DealCheck is a great tool for analyzing investment properties when you're first starting out with real estate. Its intuitive interface is easy to navigate, and the built-in glossary makes it easy to learn what the different terms and ratios mean. Review collected by and hosted on G2.com.

When I first started using DealCheck is was a little overwhelming how many fields I needed to customize for my properties. But the recent template feature they added makes it much faster. Review collected by and hosted on G2.com.

Dealcheck is an amazing tool for analyzing all types of real estate investments. It easily integrates with MLS and permits real estate agent to provide customized reports to clients that offer a full range of indicators, predictive numbers and comparable properties. Dealcheck is the e best product of its kind currently available. Review collected by and hosted on G2.com.

Lack of automation tools that allow bulk batch analysis. Having ability to enter properties one at a time only is a major flaw and missed opportunity. Review collected by and hosted on G2.com.