Rentastic: Accounting & Tax vs DealCheck: Analyze Real Estate Usage & Stats

Rentastic is a powerful accounting software specifically designed for real estate investors. Simplify your financial management by effortlessly tracking and categorizing your income and expenses for each property in your portfolio. With Rentastic, you gain a clear understanding of the profitability of your investments, enabling informed decision-making. Easily add your rental properties, link your bank accounts, and import transactions to keep your financial data organized. Each transaction can be classified and assigned to the relevant property, ensuring you have precise insights into your cash flow and overall portfolio performance. Key features include: Automated Tracking: Link your bank accounts to automatically import income and expenses, reducing manual entry and saving you time. Detailed Reporting: Generate performance reports for individual properties and comprehensive financial statements, making tax season a breeze. Expense Management: Attach receipts to transactions for easy access and maintain organized records without the hassle of shoeboxes full of paperwork. Profitability Insights: Utilize built-in calculations for Cap Rate and Net Operating Income (NOI) to assess the financial health of your investments. User-Friendly Interface: Enjoy a clean, intuitive dashboard that displays all your critical data in a digestible format, allowing you to focus on growing your business. Experience the ease of managing your real estate portfolio with Rentastic, where financial clarity meets simplicity. Join the community of investors who trust Rentastic to streamline their property management and maximize their investment returns. This improved description emphasizes the app's unique features and benefits while ensuring it resonates with potential users.
  • Apple App Store
  • Free
  • Finance

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DealCheck is the simplest and fastest way to analyze and compare investment properties on your iPhone or iPad. Trusted by over 350,000 real estate investors and agents, it's a top-ranking real estate investing app that has been featured by Forbes, MSN, BiggerPockets and others. Whether you’re a new investor who wants to learn how to analyze investment properties, or an experienced professional who needs 24/7 access to powerful analysis, projection and reporting tools, you’ll love this real estate calculator. ANALYZE ANY INVESTMENT PROPERTY DealCheck will help you crunch the numbers and perform due diligence on any rental property, BRRRR, flip, rehab project, multi-family or commercial building in seconds. Quickly import property data from public records or enter it through a step-by-step wizard. Our app will calculate a complete analysis of the deal, including closing costs, mortgage payment, cash flow, ROI, profit and more. You can look up recent sales and rental comps, create and share detailed reports, compare properties against your purchase criteria, and perform reverse valuation analysis to determine your highest offer to the seller. Your data syncs to the cloud and is available on any phone, tablet or computer. You can start your work on one device and continue on another without missing a beat. ALL-IN-ONE INVESTOR'S TOOLKIT • Analyze single-family, multi-family and commercial rentals, BRRRR's (buy, rehab, rent, refinance, repeat), Airbnb's, house flips and wholesale deals • Import property description, value & rent estimates, tax assessments and photos from public records and listings • Manage and itemize closing costs, rehab budgets, holding costs and operating expenses • View in-depth property analysis, including purchase breakdown, financing, cash flow, profit projections and investment returns • Calculate the capitalization rate (cap rate), cash on cash return (COC), return on investment (ROI), internal rate of return (IRR), gross rent multiplier (GRM), debt coverage ratio (DCR) and more • Quickly vary your assumptions and view long-term holding projections for rentals and profit projections for flips • Look up recent sales comps, comparable rental listings and market statistics to help you estimate after-repair values (ARV) and rent • Calculate your max allowable offers to sellers based on target criteria • View the names and contact information of current property owners • Export and share professional PDF reports with your personalized branding, contact information and logo • Find investor-friendly lenders through a built-in directory • Learn about real estate investing with a built-in real estate glossary GET AN EDGE OVER OTHER INVESTORS Stop relying on complicated Excel spreadsheets or other’s advice and let DealCheck help you find your next real estate investment. While other real estate investors make mistakes in their analysis, you can be sure that your proforma calculations and profit projections are 100% accurate, complete and unbiased. And with DealCheck's beautiful property reports, you can get your offers accepted faster and impress your lenders, partners or clients. DEALCHECK PLUS & PRO While you can use DealCheck 100% for free, many users upgrade to DealCheck Plus or Pro to gain access to all features and tools. You can upgrade at any time and try the premium features free for 14 days. Payment will be charged to your Apple account after the free trial. Your subscription will automatically renew unless auto-renew is turned off 24 hours before the end of the current period. You can manage your subscription and turn off auto-renew in Apple account settings. REGULAR UPDATES & NEW FEATURES We regularly release new features to make DealCheck even better. We'd love to include your suggestions - send us your ideas to support@dealcheck.io. Terms of Use: https://dealcheck.io/terms Privacy Policy: https://dealcheck.io/privacy
  • Apple App Store
  • Free
  • Finance

Store Rank

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Rentastic: Accounting & Tax VS.
DealCheck: Analyze Real Estate

December 26, 2024