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Did You Know?

You can quickly underwrite in as little as 60 seconds with DealWorthIt.

Knowledge Base

The DealWorthIt knowledge base is a comprehensive collection of resources designed to help users maximize their real estate investment potential. It contains a wide range of topics, including basic navigation and account setup, as well as more advanced features such as property analytics and investment analysis tools. The knowledge base is regularly updated to ensure that users have access to the latest information and resources, and it is designed to be easy to navigate and search for specific topics. The resources in the knowledge base include articles, tutorials, market reports, and a real estate glossary, among others. Additionally, the knowledge base provides support resources for users who encounter issues while using the platform, including troubleshooting guides and contact information for the DealWorthIt support team. Overall, the DealWorthIt knowledge base is an invaluable tool for real estate investors of all levels, providing the information and resources they need to make informed investment decisions and manage their portfolios effectively.

Getting Started

The Getting Started page of the DealWorthIt knowledge base is a comprehensive resource designed to help new users navigate the platform and get up to speed quickly. It includes step-by-step guides on creating a new account and logging in to the platform, as well as information on navigating the user interface and accessing key features. The Getting Started page also provides helpful tips and best practices for using the platform, including how to search for and view property listings, interpret property analytics and metrics, and use the investment analysis tool to evaluate potential investments.

In addition to these basic topics, the Getting Started page also includes information on how to manage your investment portfolio on the DealWorthIt platform, including how to add properties to your portfolio, track your investments, and generate reports. The page also includes a section on troubleshooting common issues that new users may encounter while using the platform, such as login issues or trouble accessing certain features.

Overall, the Getting Started page of the DealWorthIt knowledge base is an essential resource for anyone new to the platform or real estate investment in general. It provides all the information and guidance needed to get started quickly and efficiently, and sets users up for success as they begin exploring the full range of features and resources available on the platform.

Creating an Account

Signing up for a free account on DealWorthIt is a quick and simple process. Here are the steps to get started:

  1. Go to the DealWorthIt website and click on the “Start Free Trial” button.
  2. On the sing up page, enter name, phone number, email address and create a password for a new account. OR sign up with Gmail. Click on the “Sign Up” button to create your account. Alternatively, you can also sign up using your Gmail account. Simply click on the “Sign Up with Gmail” button on the sign-up page, and follow the prompts to sign up using your existing Gmail credentials.
  3. Once you have signed up for a new account, you will be redirected to the DealWorthIt pricing page. Choose the pricing plan that suits your needs and click “Start Free Trial”. (Note: You will not be charged until after the 7-Day Free Trial is over).
  4. Fill in your personal and payment details, including your name, email address, billing address, and credit card information.
  5. Click “Submit” to create your account and start your free trial.
  6. Once your account is created, you will be redirected to the DealWorthIt dashboard, where you can start exploring the full range of features and resources available on the platform.

During the free trial period on DealWorthIt, users will have access to all of the features and resources available on the platform, including detailed property analytics, investment analysis tools, and portfolio management features.

Users can cancel their subscription at any time during the free trial period, and they will not be charged unless they choose to continue with a paid subscription after the trial period ends. If a user chooses to cancel their subscription during the free trial period, they will still have access to the platform and its features until the end of the trial period.

After the free trial period is over, users will be automatically enrolled in a paid subscription plan, unless they choose to cancel their subscription before the trial period ends. The pricing plan and subscription options can be adjusted at any time from within the user’s account settings.

Logging In

Logging in to your DealWorthIt account is a simple process that allows you to access the full range of features and resources available on the platform. Here are the steps to log in to your account:

  1. Go to the DealWorthIt website and click on the “Login” button in the upper right-hand corner of the screen.
  2. On the login page, enter the email address and password associated with your account. If you signed up using your Gmail account, you can also click on the “Login with Gmail” button and follow the prompts to log in using your existing Gmail credentials.
  3. After entering your login credentials, click on the “Log In” button to access your account.
  4. If you have forgotten your password, you can click on the “Forgot Password” link on the login page and follow the prompts to reset your password.

Once you have successfully logged in to your account, you will be taken to the DealWorthIt dashboard, where you can start exploring the features and resources available on the platform. If you encounter any issues while logging in to your account, you can check the DealWorthIt knowledge base for troubleshooting guides or contact the support team (support@dealworthit.com) for further assistance.

Features

DealWorthIt offers various features to assist investors in analyzing and underwriting multi-family real estate deals. These features include:

  1. Quick and Detailed Underwriting

    With our platform, you can perform quick underwriting to get a preliminary idea of a deal’s potential in as little as 60 seconds. If it’s worth further exploration, use our detailed underwriting feature to perform a more thorough analysis of all aspects of the deal.

  2. Market and Comparable Data

    DealWorthIt helps you understand your competition and identify your deal’s upsides with data on rents, other charges, and services of similar apartments in the same market as your property.

  3. Proximity to Places

    A geographical representation of the property and its proximity to amenities, including grocery stores, restaurant, schools, hospitals, etc., gives a better picture of the neighborhood and the caliber of tenants the property will attract.

  4. Demographic Metrics

    DealWorthIt has information on demographic metrics such as population, employment rates, household income, education level, labor force, migration flow, etc. This data provides an overview of the different characteristics of the area where the property is located.

  5. Multiple Scenarios

    Underwrite the same deal multiple times and compare the scenarios to find the one that works best. Each of your team members can underwrite the same deal as a separate scenario and compare them to find the best option.

  6. Team Collaboration

    Add partners to underwrite deals separately or jointly, sync deals with your team, and share notes and important documents in real-time.

  7. Deal Records

    Keep all important documents about the deal in a central place and add notes about potential issues or risks associated with the deal. This helps you make informed decisions before committing to invest.

  8. Future Profits

    Calculate your deal’s potential future profit based on the value you plan to add to the property. Add charge monthly pet fees or covered parking and see how much more profit you can add to your deal.

Overall, DealWorthIt’s features are designed to help real estate investors save time and money, make more informed investment decisions, and close more deals, faster.

Dashboard

Deals Page

Favorites

Team

Research Page

Features

Underwriting

Deal Research

Deal Records

Multiple Scenarios

Team Collaboration

Future Profits

Resources

Investment Tips

Market Reports

Real Estate Glossary

Support

Troubleshooting

Contacting Support

Creating an Account

Signing up for a free account on DealWorthIt is a quick and simple process. Here are the steps to get started:

  1. Go to the DealWorthIt website and click on the “Start Free Trial” button.
  2. On the sing up page, enter name, phone number, email address and create a password for a new account. OR sign up with Gmail. Click on the “Sign Up” button to create your account. Alternatively, you can also sign up using your Gmail account. Simply click on the “Sign Up with Gmail” button on the sign-up page, and follow the prompts to sign up using your existing Gmail credentials.
  3. Once you have signed up for a new account, you will be redirected to the DealWorthIt pricing page. Choose the pricing plan that suits your needs and click “Start Free Trial”. (Note: You will not be charged until after the 7-Day Free Trial is over).
  4. Fill in your personal and payment details, including your name, email address, billing address, and credit card information.
  5. Click “Submit” to create your account and start your free trial.
  6. Once your account is created, you will be redirected to the DealWorthIt dashboard, where you can start exploring the full range of features and resources available on the platform.

During the free trial period on DealWorthIt, users will have access to all of the features and resources available on the platform, including detailed property analytics, investment analysis tools, and portfolio management features.

Users can cancel their subscription at any time during the free trial period, and they will not be charged unless they choose to continue with a paid subscription after the trial period ends. If a user chooses to cancel their subscription during the free trial period, they will still have access to the platform and its features until the end of the trial period.

After the free trial period is over, users will be automatically enrolled in a paid subscription plan, unless they choose to cancel their subscription before the trial period ends. The pricing plan and subscription options can be adjusted at any time from within the user’s account settings.

Quick Underwriting

Getting Started

The Getting Started page of the DealWorthIt knowledge base is a comprehensive resource designed to help new users navigate the platform and get up to speed quickly. It includes step-by-step guides on creating a new account and logging in to the platform, as well as information on navigating the user interface and accessing key features. The Getting Started page also provides helpful tips and best practices for using the platform, including how to search for and view property listings, interpret property analytics and metrics, and use the investment analysis tool to evaluate potential investments.

In addition to these basic topics, the Getting Started page also includes information on how to manage your investment portfolio on the DealWorthIt platform, including how to add properties to your portfolio, track your investments, and generate reports. The page also includes a section on troubleshooting common issues that new users may encounter while using the platform, such as login issues or trouble accessing certain features.

Overall, the Getting Started page of the DealWorthIt knowledge base is an essential resource for anyone new to the platform or real estate investment in general. It provides all the information and guidance needed to get started quickly and efficiently, and sets users up for success as they begin exploring the full range of features and resources available on the platform.

Creating an Account

Signing up for a free account on DealWorthIt is a quick and simple process. Here are the steps to get started:

  1. Go to the DealWorthIt website and click on the “Start Free Trial” button.
  2. On the sing up page, enter name, phone number, email address and create a password for a new account. OR sign up with Gmail. Click on the “Sign Up” button to create your account. Alternatively, you can also sign up using your Gmail account. Simply click on the “Sign Up with Gmail” button on the sign-up page, and follow the prompts to sign up using your existing Gmail credentials.
  3. Once you have signed up for a new account, you will be redirected to the DealWorthIt pricing page. Choose the pricing plan that suits your needs and click “Start Free Trial”. (Note: You will not be charged until after the 7-Day Free Trial is over).
  4. Fill in your personal and payment details, including your name, email address, billing address, and credit card information.
  5. Click “Submit” to create your account and start your free trial.
  6. Once your account is created, you will be redirected to the DealWorthIt dashboard, where you can start exploring the full range of features and resources available on the platform.

During the free trial period on DealWorthIt, users will have access to all of the features and resources available on the platform, including detailed property analytics, investment analysis tools, and portfolio management features.

Users can cancel their subscription at any time during the free trial period, and they will not be charged unless they choose to continue with a paid subscription after the trial period ends. If a user chooses to cancel their subscription during the free trial period, they will still have access to the platform and its features until the end of the trial period.

After the free trial period is over, users will be automatically enrolled in a paid subscription plan, unless they choose to cancel their subscription before the trial period ends. The pricing plan and subscription options can be adjusted at any time from within the user’s account settings.

Logging In

Logging in to your DealWorthIt account is a simple process that allows you to access the full range of features and resources available on the platform. Here are the steps to log in to your account:

  1. Go to the DealWorthIt website and click on the “Login” button in the upper right-hand corner of the screen.
  2. On the login page, enter the email address and password associated with your account. If you signed up using your Gmail account, you can also click on the “Login with Gmail” button and follow the prompts to log in using your existing Gmail credentials.
  3. After entering your login credentials, click on the “Log In” button to access your account.
  4. If you have forgotten your password, you can click on the “Forgot Password” link on the login page and follow the prompts to reset your password.

Once you have successfully logged in to your account, you will be taken to the DealWorthIt dashboard, where you can start exploring the features and resources available on the platform. If you encounter any issues while logging in to your account, you can check the DealWorthIt knowledge base for troubleshooting guides or contact the support team (support@dealworthit.com) for further assistance.

Features

DealWorthIt offers various features to assist investors in analyzing and underwriting multi-family real estate deals. These features include:

  1. Quick and Detailed Underwriting

    With our platform, you can perform quick underwriting to get a preliminary idea of a deal’s potential in as little as 60 seconds. If it’s worth further exploration, use our detailed underwriting feature to perform a more thorough analysis of all aspects of the deal.

  2. Market and Comparable Data

    DealWorthIt helps you understand your competition and identify your deal’s upsides with data on rents, other charges, and services of similar apartments in the same market as your property.

  3. Proximity to Places

    A geographical representation of the property and its proximity to amenities, including grocery stores, restaurant, schools, hospitals, etc., gives a better picture of the neighborhood and the caliber of tenants the property will attract.

  4. Demographic Metrics

    DealWorthIt has information on demographic metrics such as population, employment rates, household income, education level, labor force, migration flow, etc. This data provides an overview of the different characteristics of the area where the property is located.

  5. Multiple Scenarios

    Underwrite the same deal multiple times and compare the scenarios to find the one that works best. Each of your team members can underwrite the same deal as a separate scenario and compare them to find the best option.

  6. Team Collaboration

    Add partners to underwrite deals separately or jointly, sync deals with your team, and share notes and important documents in real-time.

  7. Deal Records

    Keep all important documents about the deal in a central place and add notes about potential issues or risks associated with the deal. This helps you make informed decisions before committing to invest.

  8. Future Profits

    Calculate your deal’s potential future profit based on the value you plan to add to the property. Add charge monthly pet fees or covered parking and see how much more profit you can add to your deal.

Overall, DealWorthIt’s features are designed to help real estate investors save time and money, make more informed investment decisions, and close more deals, faster.

Underwriting Features

DealWorthIt’s underwriting feature is a powerful tool designed to help real estate investors quickly and accurately evaluate potential investment properties. With this feature, users can choose between two types of underwriting – Quick Underwriting and Detailed Underwriting. Quick Underwriting provides a high-level analysis of a property’s potential cash flow, return on investment, and other key metrics, while Detailed Underwriting provides a more comprehensive analysis, taking into account additional factors such as capital expenditure, property management fees, investor split, future profit projections, and more. Both types of underwriting can be customized to fit the user’s specific needs and investment goals. Additionally, DealWorthIt’s underwriting feature allows users to generate reports to share with potential investors or lenders. In this documentation, we will provide an overview of DealWorthIt’s underwriting feature, including how to get started, how to use the software to underwrite a deal, and how to customize your calculations and generate reports.

Quick Underwriting

DealWorthIt’s Quick Underwriting Feature is a powerful tool that allows real estate investors to quickly evaluate potential investment properties and make informed investment decisions. In this documentation, we will walk you through how to use this feature – watch the video below:

The quick underwriting feature will help you understand the cash flow potential of the deal and quickly identify how much you can offer on the deal to make it work for you and your investors. It’s a valuable tool for real estate investors who want to save time and make informed investment decisions.

Detailed Underwriting Feature

DealWorthIt offers a detailed underwriting feature that allows users to perform in-depth analysis of multi-family real estate deals. There are two ways to perform a detailed underwriting using DealWorthIt.

  • The first way is to start the detailed underwriting process from scratch. To do this, the user needs to enter the property address to begin. If DealWorthIt is able to find the property information online, it will auto-populate the number of units and display other characteristics of the property. After this, the user can click the continue button to proceed with the detailed underwriting process.
  • The second way to perform a detailed underwriting is by converting a quick underwriting report into a detailed underwriting report. To do this, the user needs to open the quick underwriting report they want to convert and click the “CONVERT TO DETAILED UNDERWRITING” button at the top right of the report page. The user will receive a prompt to confirm their action, and if they select “Yes, Proceed” , the report will be converted to a detailed underwriting report. It’s important to note that this process cannot be reversed once completed.

The detailed underwriting section in DealWorthIt has eight tabs, and we will explain each of them below:

1. Overview (This section is divided into two sub-sections)

  • Property Information: In the Property Information sub-section, users can view and edit information about the property such as the number of units, unit mix, and square footage.
  • Occupancy & Concession: In the Occupancy & Concession sub-section, users can input information about the occupancy rate and any concessions that may affect the property’s income.

2. Income (This section is divided into two sub-sections)

  • Rental Income: In the Rental Income sub-section, users can input information about the property’s rental income, including the base rent, market rent, and any concessions.
  • Other Income: In the Other Income sub-section, users can input information about any additional income streams such as parking or laundry.

3. Expenses (This section is divided into two sub-sections)

  • Operating Expenses: In the Operating Expenses sub-section, users can input information about the property’s operating expenses such as utilities, maintenance, and property management fees.
  • Capital Expenditure: In the Capital Expenditure sub-section, users can input information about any major repairs or upgrades that may be required.

4. Reserve (This section is divided into one sub-section)

  • Capital Reserve: In this section, users can input information about the amount of capital reserve that may be needed for future repairs or replacements.

5. Acquisition (This section is divided into two sub-sections)

  • Loan Information: In the Loan Information sub-section, users can input information about the loan terms such as the loan amount, interest rate, and amortization period.
  • Closing Cost: In the Closing Cost sub-section, users can input information about the closing costs associated with the property acquisition.

6. Investors (This section is divided into one sub-section)

  • Equity Split: In this section, users can input information about the equity split between the investors and the sponsor.

7. Future (This section is divided into one sub-section)

  • Future Profits: In this section, users can input information about the potential future profits of the property based on projected rent growth and other factors.

8. Deal Records (This section is divided into two sub-sections)

  • Documents and Notes: In the Documents sub-section, users can upload and view documents related to the property such as inspection reports and title documents. In the Notes sub-section, users can input notes and comments related to the property.

Overall, the detailed underwriting feature in DealWorthIt provides real estate professionals and investors with a comprehensive tool to analyze multi-family real estate deals, helping them make informed investment decision.

Underwrite Multiple Scenarios

DealWorthIt allows users to underwrite the same multi-family real estate deal multiple times and compare scenarios to find the one that works best for their investment goals. This feature is especially useful for investors who want to analyze different investment strategies and compare the potential return on investment.

To perform multiple scenario analyses in DealWorthIt, users can create a new scenario by copying an existing underwriting report or by starting from scratch. The user can then make changes to the underwriting assumptions, such as adjusting the rental income, expenses, and capital expenditures, to reflect different investment strategies.

Compare Multiple Scenarios

After creating multiple scenarios, users can compare them side-by-side in the software. DealWorthIt provides a detailed analysis of each scenario, including the projected net operating income, cash flow, and internal rate of return. This information can help users make informed investment decisions based on their investment goals and risk tolerance.

Overall, the multiple scenario analysis feature in DealWorthIt provides real estate professionals and investors with a powerful tool to compare different investment strategies and make informed investment decisions based on data-driven analysis.

Quick Underwriting

DealWorthIt’s Quick Underwriting Feature is a powerful tool that allows real estate investors to quickly evaluate potential investment properties and make informed investment decisions. In this documentation, we will walk you through how to use this feature – watch the video below:

The quick underwriting feature will help you understand the cash flow potential of the deal and quickly identify how much you can offer on the deal to make it work for you and your investors. It’s a valuable tool for real estate investors who want to save time and make informed investment decisions.

Logging In

Logging in to your DealWorthIt account is a simple process that allows you to access the full range of features and resources available on the platform. Here are the steps to log in to your account:

  1. Go to the DealWorthIt website and click on the “Login” button in the upper right-hand corner of the screen.
  2. On the login page, enter the email address and password associated with your account. If you signed up using your Gmail account, you can also click on the “Login with Gmail” button and follow the prompts to log in using your existing Gmail credentials.
  3. After entering your login credentials, click on the “Log In” button to access your account.
  4. If you have forgotten your password, you can click on the “Forgot Password” link on the login page and follow the prompts to reset your password.

Once you have successfully logged in to your account, you will be taken to the DealWorthIt dashboard, where you can start exploring the features and resources available on the platform. If you encounter any issues while logging in to your account, you can check the DealWorthIt knowledge base for troubleshooting guides or contact the support team (support@dealworthit.com) for further assistance.

Detailed Underwriting

Deal Research Analysis Feature

DealWorthIt’s Research Analysis Feature is a powerful tool that allows real estate investors to conduct detailed market research and analysis. In this documentation, we will walk you through how to use this feature. See video at the end:

When an investor underwrites a deal using DealWorthIt, the software performs three types of research to provide a comprehensive analysis of the property and its surrounding area. These research types include Market Data, Proximity to Places/Amenities, and Demographics Data.

Market Data

Market Data research provides information on the local real estate market, including home prices, rental rates, vacancy rates, and other key metrics. This research helps investors understand the current state of the market and identify areas of potential opportunity.

Proximity to Places & Walk Score

Proximity to Places/Amenities research analyzes the property’s location in relation to nearby amenities and attractions, such as schools, grocery stores, restaurants, shopping centers, public transportation, , and other key places. Additionally, DealWorthIt provides a “Walk Score,” which is a measure of how walkable a property’s location is. The Walk Score takes into account factors such as nearby amenities, transit options, and pedestrian infrastructure to provide a score that indicates how easy it is to get around on foot in the area. This information can help real estate investors understand the desirability of a property’s location and make informed investment decisions.

Demographics Data

Demographics Data research provides information on the local population, income level, education level, migration flow and other key demographic factors. This research helps investors understand the potential demand for rental properties in the area and identify target tenant demographics.

In summary, DealWorthIt’s Research Analysis Feature is a powerful tool that allows real estate investors to conduct detailed market research and analysis. By underwriting a deal, you can use this feature to make informed investment decisions and identify the most attractive investment opportunities in your selected market.

Detailed Underwriting Feature

DealWorthIt offers a detailed underwriting feature that allows users to perform in-depth analysis of multi-family real estate deals. There are two ways to perform a detailed underwriting using DealWorthIt.

  • The first way is to start the detailed underwriting process from scratch. To do this, the user needs to enter the property address to begin. If DealWorthIt is able to find the property information online, it will auto-populate the number of units and display other characteristics of the property. After this, the user can click the continue button to proceed with the detailed underwriting process.
  • The second way to perform a detailed underwriting is by converting a quick underwriting report into a detailed underwriting report. To do this, the user needs to open the quick underwriting report they want to convert and click the “CONVERT TO DETAILED UNDERWRITING” button at the top right of the report page. The user will receive a prompt to confirm their action, and if they select “Yes, Proceed” , the report will be converted to a detailed underwriting report. It’s important to note that this process cannot be reversed once completed.

The detailed underwriting section in DealWorthIt has eight tabs, and we will explain each of them below:

1. Overview (This section is divided into two sub-sections)

  • Property Information: In the Property Information sub-section, users can view and edit information about the property such as the number of units, unit mix, and square footage.
  • Occupancy & Concession: In the Occupancy & Concession sub-section, users can input information about the occupancy rate and any concessions that may affect the property’s income.

2. Income (This section is divided into two sub-sections)

  • Rental Income: In the Rental Income sub-section, users can input information about the property’s rental income, including the base rent, market rent, and any concessions.
  • Other Income: In the Other Income sub-section, users can input information about any additional income streams such as parking or laundry.

3. Expenses (This section is divided into two sub-sections)

  • Operating Expenses: In the Operating Expenses sub-section, users can input information about the property’s operating expenses such as utilities, maintenance, and property management fees.
  • Capital Expenditure: In the Capital Expenditure sub-section, users can input information about any major repairs or upgrades that may be required.

4. Reserve (This section is divided into one sub-section)

  • Capital Reserve: In this section, users can input information about the amount of capital reserve that may be needed for future repairs or replacements.

5. Acquisition (This section is divided into two sub-sections)

  • Loan Information: In the Loan Information sub-section, users can input information about the loan terms such as the loan amount, interest rate, and amortization period.
  • Closing Cost: In the Closing Cost sub-section, users can input information about the closing costs associated with the property acquisition.

6. Investors (This section is divided into one sub-section)

  • Equity Split: In this section, users can input information about the equity split between the investors and the sponsor.

7. Future (This section is divided into one sub-section)

  • Future Profits: In this section, users can input information about the potential future profits of the property based on projected rent growth and other factors.

8. Deal Records (This section is divided into two sub-sections)

  • Documents and Notes: In the Documents sub-section, users can upload and view documents related to the property such as inspection reports and title documents. In the Notes sub-section, users can input notes and comments related to the property.

Overall, the detailed underwriting feature in DealWorthIt provides real estate professionals and investors with a comprehensive tool to analyze multi-family real estate deals, helping them make informed investment decision.

Market Data

Documentation

DealWorthIt is a software platform designed to assist real estate investors in analyzing and underwriting multi-family real estate deals. The platform offers various features, including comprehensive underwriting, rent comp analysis, market research data, and side-by-side scenario comparison, among others. DealWorthIt is built by investors, for investors, and aims to save time and money for real estate investors and help them close more deals, faster.

Underwriting Features

DealWorthIt’s underwriting feature is a powerful tool designed to help real estate investors quickly and accurately evaluate potential investment properties. With this feature, users can choose between two types of underwriting – Quick Underwriting and Detailed Underwriting. Quick Underwriting provides a high-level analysis of a property’s potential cash flow, return on investment, and other key metrics, while Detailed Underwriting provides a more comprehensive analysis, taking into account additional factors such as capital expenditure, property management fees, investor split, future profit projections, and more. Both types of underwriting can be customized to fit the user’s specific needs and investment goals. Additionally, DealWorthIt’s underwriting feature allows users to generate reports to share with potential investors or lenders. In this documentation, we will provide an overview of DealWorthIt’s underwriting feature, including how to get started, how to use the software to underwrite a deal, and how to customize your calculations and generate reports.

Quick Underwriting

DealWorthIt’s Quick Underwriting Feature is a powerful tool that allows real estate investors to quickly evaluate potential investment properties and make informed investment decisions. In this documentation, we will walk you through how to use this feature – watch the video below:

The quick underwriting feature will help you understand the cash flow potential of the deal and quickly identify how much you can offer on the deal to make it work for you and your investors. It’s a valuable tool for real estate investors who want to save time and make informed investment decisions.

Detailed Underwriting Feature

DealWorthIt offers a detailed underwriting feature that allows users to perform in-depth analysis of multi-family real estate deals. There are two ways to perform a detailed underwriting using DealWorthIt.

  • The first way is to start the detailed underwriting process from scratch. To do this, the user needs to enter the property address to begin. If DealWorthIt is able to find the property information online, it will auto-populate the number of units and display other characteristics of the property. After this, the user can click the continue button to proceed with the detailed underwriting process.
  • The second way to perform a detailed underwriting is by converting a quick underwriting report into a detailed underwriting report. To do this, the user needs to open the quick underwriting report they want to convert and click the “CONVERT TO DETAILED UNDERWRITING” button at the top right of the report page. The user will receive a prompt to confirm their action, and if they select “Yes, Proceed” , the report will be converted to a detailed underwriting report. It’s important to note that this process cannot be reversed once completed.

The detailed underwriting section in DealWorthIt has eight tabs, and we will explain each of them below:

1. Overview (This section is divided into two sub-sections)

  • Property Information: In the Property Information sub-section, users can view and edit information about the property such as the number of units, unit mix, and square footage.
  • Occupancy & Concession: In the Occupancy & Concession sub-section, users can input information about the occupancy rate and any concessions that may affect the property’s income.

2. Income (This section is divided into two sub-sections)

  • Rental Income: In the Rental Income sub-section, users can input information about the property’s rental income, including the base rent, market rent, and any concessions.
  • Other Income: In the Other Income sub-section, users can input information about any additional income streams such as parking or laundry.

3. Expenses (This section is divided into two sub-sections)

  • Operating Expenses: In the Operating Expenses sub-section, users can input information about the property’s operating expenses such as utilities, maintenance, and property management fees.
  • Capital Expenditure: In the Capital Expenditure sub-section, users can input information about any major repairs or upgrades that may be required.

4. Reserve (This section is divided into one sub-section)

  • Capital Reserve: In this section, users can input information about the amount of capital reserve that may be needed for future repairs or replacements.

5. Acquisition (This section is divided into two sub-sections)

  • Loan Information: In the Loan Information sub-section, users can input information about the loan terms such as the loan amount, interest rate, and amortization period.
  • Closing Cost: In the Closing Cost sub-section, users can input information about the closing costs associated with the property acquisition.

6. Investors (This section is divided into one sub-section)

  • Equity Split: In this section, users can input information about the equity split between the investors and the sponsor.

7. Future (This section is divided into one sub-section)

  • Future Profits: In this section, users can input information about the potential future profits of the property based on projected rent growth and other factors.

8. Deal Records (This section is divided into two sub-sections)

  • Documents and Notes: In the Documents sub-section, users can upload and view documents related to the property such as inspection reports and title documents. In the Notes sub-section, users can input notes and comments related to the property.

Overall, the detailed underwriting feature in DealWorthIt provides real estate professionals and investors with a comprehensive tool to analyze multi-family real estate deals, helping them make informed investment decision.

Underwrite Multiple Scenarios

DealWorthIt allows users to underwrite the same multi-family real estate deal multiple times and compare scenarios to find the one that works best for their investment goals. This feature is especially useful for investors who want to analyze different investment strategies and compare the potential return on investment.

To perform multiple scenario analyses in DealWorthIt, users can create a new scenario by copying an existing underwriting report or by starting from scratch. The user can then make changes to the underwriting assumptions, such as adjusting the rental income, expenses, and capital expenditures, to reflect different investment strategies.

Compare Multiple Scenarios

After creating multiple scenarios, users can compare them side-by-side in the software. DealWorthIt provides a detailed analysis of each scenario, including the projected net operating income, cash flow, and internal rate of return. This information can help users make informed investment decisions based on their investment goals and risk tolerance.

Overall, the multiple scenario analysis feature in DealWorthIt provides real estate professionals and investors with a powerful tool to compare different investment strategies and make informed investment decisions based on data-driven analysis.

Deal Research Analysis Feature

DealWorthIt’s Research Analysis Feature is a powerful tool that allows real estate investors to conduct detailed market research and analysis. In this documentation, we will walk you through how to use this feature. See video at the end:

When an investor underwrites a deal using DealWorthIt, the software performs three types of research to provide a comprehensive analysis of the property and its surrounding area. These research types include Market Data, Proximity to Places/Amenities, and Demographics Data.

Market Data

Market Data research provides information on the local real estate market, including home prices, rental rates, vacancy rates, and other key metrics. This research helps investors understand the current state of the market and identify areas of potential opportunity.

Proximity to Places & Walk Score

Proximity to Places/Amenities research analyzes the property’s location in relation to nearby amenities and attractions, such as schools, grocery stores, restaurants, shopping centers, public transportation, , and other key places. Additionally, DealWorthIt provides a “Walk Score,” which is a measure of how walkable a property’s location is. The Walk Score takes into account factors such as nearby amenities, transit options, and pedestrian infrastructure to provide a score that indicates how easy it is to get around on foot in the area. This information can help real estate investors understand the desirability of a property’s location and make informed investment decisions.

Demographics Data

Demographics Data research provides information on the local population, income level, education level, migration flow and other key demographic factors. This research helps investors understand the potential demand for rental properties in the area and identify target tenant demographics.

In summary, DealWorthIt’s Research Analysis Feature is a powerful tool that allows real estate investors to conduct detailed market research and analysis. By underwriting a deal, you can use this feature to make informed investment decisions and identify the most attractive investment opportunities in your selected market.

Managing Team Members

Here are some tips and guides to help you get the most out of DealWorthIt:

  1. Take the time to learn the platform: Although DealWorthIt is designed to be user-friendly, taking some time to learn the different features and functionalities of the platform will help you maximize its benefits.
  2. Use the Market Research Data: DealWorthIt provides up-to-date market research data on key factors such as income/education level of potential renters, job growth, and population trends. Using this data can help you make more informed investment decisions.
  3. Collaborate with your team: DealWorthIt offers team collaboration features, allowing you to work with your partners and share notes and important documents in real-time. Use this feature to leverage the skills and experience of your team members and make better investment decisions.
  4. Explore the Rent Comp Analysis tool: This tool allows you to compare rent rates and other services in the surrounding apartments and see how they stack up against the property you’re considering. Use this feature to identify your competition and the upside potential of your deal.
  5. Use Due Diligence: DealWorthIt’s Due Diligence feature allows you to keep all important documents about the deal in a central place and add notes about potential issues or risks associated with the deal. This helps you make informed decisions before committing to invest.
  6. Experiment with Multiple Scenarios: Use DealWorthIt’s Multiple Scenarios feature to underwrite the same deal multiple times and compare the scenarios to find the one that works best for you.
  7. Take advantage of Customer Support: If you have any questions or need assistance, DealWorthIt offers customer support to help you out. Just send an email or use the chat tool on the website to send a message and get the help you need.

In summary, these tips and guides can help you make the most out of DealWorthIt and become a more effective and successful real estate investor.

Adding Members To Account

Features

DealWorthIt offers various features to assist investors in analyzing and underwriting multi-family real estate deals. These features include:

  1. Quick and Detailed Underwriting

    With our platform, you can perform quick underwriting to get a preliminary idea of a deal’s potential in as little as 60 seconds. If it’s worth further exploration, use our detailed underwriting feature to perform a more thorough analysis of all aspects of the deal.

  2. Market and Comparable Data

    DealWorthIt helps you understand your competition and identify your deal’s upsides with data on rents, other charges, and services of similar apartments in the same market as your property.

  3. Proximity to Places

    A geographical representation of the property and its proximity to amenities, including grocery stores, restaurant, schools, hospitals, etc., gives a better picture of the neighborhood and the caliber of tenants the property will attract.

  4. Demographic Metrics

    DealWorthIt has information on demographic metrics such as population, employment rates, household income, education level, labor force, migration flow, etc. This data provides an overview of the different characteristics of the area where the property is located.

  5. Multiple Scenarios

    Underwrite the same deal multiple times and compare the scenarios to find the one that works best. Each of your team members can underwrite the same deal as a separate scenario and compare them to find the best option.

  6. Team Collaboration

    Add partners to underwrite deals separately or jointly, sync deals with your team, and share notes and important documents in real-time.

  7. Deal Records

    Keep all important documents about the deal in a central place and add notes about potential issues or risks associated with the deal. This helps you make informed decisions before committing to invest.

  8. Future Profits

    Calculate your deal’s potential future profit based on the value you plan to add to the property. Add charge monthly pet fees or covered parking and see how much more profit you can add to your deal.

Overall, DealWorthIt’s features are designed to help real estate investors save time and money, make more informed investment decisions, and close more deals, faster.

Managing Team Members

Here are some tips and guides to help you get the most out of DealWorthIt:

  1. Take the time to learn the platform: Although DealWorthIt is designed to be user-friendly, taking some time to learn the different features and functionalities of the platform will help you maximize its benefits.
  2. Use the Market Research Data: DealWorthIt provides up-to-date market research data on key factors such as income/education level of potential renters, job growth, and population trends. Using this data can help you make more informed investment decisions.
  3. Collaborate with your team: DealWorthIt offers team collaboration features, allowing you to work with your partners and share notes and important documents in real-time. Use this feature to leverage the skills and experience of your team members and make better investment decisions.
  4. Explore the Rent Comp Analysis tool: This tool allows you to compare rent rates and other services in the surrounding apartments and see how they stack up against the property you’re considering. Use this feature to identify your competition and the upside potential of your deal.
  5. Use Due Diligence: DealWorthIt’s Due Diligence feature allows you to keep all important documents about the deal in a central place and add notes about potential issues or risks associated with the deal. This helps you make informed decisions before committing to invest.
  6. Experiment with Multiple Scenarios: Use DealWorthIt’s Multiple Scenarios feature to underwrite the same deal multiple times and compare the scenarios to find the one that works best for you.
  7. Take advantage of Customer Support: If you have any questions or need assistance, DealWorthIt offers customer support to help you out. Just send an email or use the chat tool on the website to send a message and get the help you need.

In summary, these tips and guides can help you make the most out of DealWorthIt and become a more effective and successful real estate investor.

Adding Members To Account

Underwrite Multiple Scenarios

DealWorthIt allows users to underwrite the same multi-family real estate deal multiple times and compare scenarios to find the one that works best for their investment goals. This feature is especially useful for investors who want to analyze different investment strategies and compare the potential return on investment.

To perform multiple scenario analyses in DealWorthIt, users can create a new scenario by copying an existing underwriting report or by starting from scratch. The user can then make changes to the underwriting assumptions, such as adjusting the rental income, expenses, and capital expenditures, to reflect different investment strategies.

Dashboard

Demographic Metrics

Compare Multiple Scenarios

After creating multiple scenarios, users can compare them side-by-side in the software. DealWorthIt provides a detailed analysis of each scenario, including the projected net operating income, cash flow, and internal rate of return. This information can help users make informed investment decisions based on their investment goals and risk tolerance.

Overall, the multiple scenario analysis feature in DealWorthIt provides real estate professionals and investors with a powerful tool to compare different investment strategies and make informed investment decisions based on data-driven analysis.

Deals Page

Proximity To Places

Support

Adding Members To Account

Favorites

Troubleshooting

Team

Contacting Support

Research Page

Deal Records

Multiple Scenarios

Team Collaboration

Future Profits

Investment Tips

Market Reports

Real Estate Glossary