| What is Real Estate Genius? | | Real Estate Genius is a powerful investment property calculator which empowers you to perform financial analysis on prospective investment properties. Quickly and easily, you can plug in your assumptions... Real Estate Genius does all the heavy lifting to help you to make more informed investing decisions.
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| How do I join? | | Just click on the Join Today button to learn about our convenient membership options.
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| What do I have to download? | | You don't have to download a thing! Real Estate Genius is entirely web-delivered, meaning you can access your account from any computer. You also instantly receive the benefits of our future improvements and updates, at no additional charge and with no hassle to you.
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| What type of computer do I need? | | Any computer with a standard web-browser will work.
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| When can I quit? | | We currently offer monthly, quarterly and annual membership plans. You can simply choose not to renew your membership at the end of your current pre-paid period.
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| When will I be billed? | | You will be billed at time of sign-up, and then monthly for as long as you continue your membership. You can cancel your membership at any time - simply log in to your account and select 'Cancel Membership' under the Account menu in advance of your next billing date. Or email us at info(@)real-estate-genius.com in advance of your next billing date.
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| Help! I forgot my password, can you help? | | Please contact us at info@real-estate-genius.com for assistance.
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| How do I contact you? | | You may contact us by email at info@real-estate-genius.com.
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| What if I don't know much about financial analysis or real estate investing? | | You don't need to be a financial expert if you have the Real Estate Genius on your side! We will guide you with helpful tips. When it comes to number-crunching, we take care of all the heavy lifting and you can concentrate on the important part - evaluating the projected results.
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| Will Real Estate Genius tell me whether to buy or not? | | No, Real Estate Genius can not tell you whether to buy or not. Real Estate Genius can provide a valuable projection of your financial results... assuming that your stated assumptions are accurate! The value of Real Estate Genius is that it enables you to quickly perform apples-to-apples comparisons between various properties, and even to project best- and worst-case scenarios. This is a far superior approach to simply relying on a gut-instinct!
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| Can I get help in using the site? | | A free tutorial is available for download. Click here for the Site Usage Tutorial (pdf).
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| Can I count on the projections? | | Financially astute investors understand that the value of financial forecasting lies in the process of generating various scenarios. Is Real Estate Genius able to accurately predict the results you will achieve? That is not the point... Real Estate Genius can only be as accurate as your assumptions about the future, which you are unlikely to precisely forecast.
Real Estate Genius is such a powerful tool because it allows you to quickly and easily generate multiple scenarios (best-case, worst-case). This helps you to draw a better picture of the potential range of results which you may get. Compare this information against your risk tolerance and your desired financial returns to decide if the property in question is right for you. A successful investor needs to understand the most likely scenario, as well as the best case and worst case scenarios, in order to have a sense of the risk-vs.-reward of an investment.
Real Estate Genius allows you to spend more time on this valuable activity, and less time crunching the numbers!
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| Where do the projections come from? | | Real Estate Genius combines fact-based information about a prospective investment property (number of rental units, current property taxes) with your assumptions (appreciation rate, rental revenue). This information is used to drive the creation of 'pro forma' (ie. projected) financial statements. Then, those statements are analyzed further, using a sophisticated technique known as Discount Cash Flow Analysis. This technique allows you to look at the returns on an investment gained over a number of years, and derive the present day value of those returns. By comparing the present value of future earnings with the cash invested up front, we then derive a metric known as Net Present Value.
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