Wealth Ignition has developed a SaaS platform for real estate investors that evaluates properties and potential investment opportunities using data and numbers to calculate ROI.
Cary, United States - October 23, 2020 /NewsNetwork/ —
Wealth Ignition, a website that provides SaaS for real estate investors, is developing a risk assessment tool to evaluate property and deal structures.
Complete information is available at https://wealthignition.com/melsp
The software as a service gives investors the ability to evaluate the financial aspects of various investment deals to arrive at decisions based on data and numbers.
“Our goal is to take the risk out of the equation and help people eliminate mistakes from their investment decisions,” says Chad Barker, founder of the site and the developer of the formulas that fuel the software. “Given the current economic climate, there will likely be a lot of people trying to make the best of investment opportunities in the housing market.”
The software uses proprietary formulas to calculate a singular investment amount for real estate cash buyers and investors.
The formulas are based on Barker’s nearly two decades of experience as a real estate investor and background as a software engineer. The software uses these various calculations to simplify the complex elements of analyzing real estate deals.
“Many investors lose out on deals because they struggle with coming up with accurate valuations or arriving at those numbers quickly,” added Barker. “Whether they act on the wrong deals or miss out on the right ones, those mistakes can set back investors and they also have massive opportunity costs. This software has been my little back-pocket secret and it’s time to share it with others.”
The website states that the software will work to evaluate deals and properties of many types. That includes single family and multi-family residential properties as well as larger multi-unit or multi-building apartment complexes.
The software also accounts for different structures of various real estate deals to help investors match the right deal type with the property under consideration. It allows investors to run calculations and valuations on rehab properties, rental properties, lease-to-own contracts, and reverse wholesale situations.
More information is available on the company’s website at https://wealthignition.com.
Release ID: 88982086