RealYields, BiggerPockets team up for real estate investment help

Posted by on Feb 1, 2011 in Real estate

Print Friendly

About the time this month that RealYields.com founders were celebrating their investment site’s first birthday, they also announced a new collaboration with real estate social community BiggerPockets.com. With this team-up BiggerPockets members can take advantage of the investment analysis algorithms designed by RealYields founding principal Manish Patel, former Wall Street financial analyst.

A novice investor, with the help of these sites, can network on Bigger Pockets with more experienced investors. She or he can also use RealYields tools to decide if a particular property is a wise venture – whether its value will increase sufficiently, and whether a reasonable vacancy rate will maintain its profitability, for instance.

“Our tools are timely,” RealYields.com co-founder Ryan Hinricher told us. “If someone is looking to rent or buy and resell, or if a  homeowner  just wants to project what his home will be worth 10 years from now at, say, 3 percent, we can tell him that.”

Hinricher said that the prime motivation behind RealYields tools is to educate prospective buyers about things like vacancy rate, maintenance rates, and upkeep costs.

” A lot of buyers look at very simple surface things, but this helps them look at hidden costs such as one-month of vacancy or repairs,and so forth.  We really try to educate throughout the entire process.”

Joshua Dorkin, BiggerPockets.com CEO, told us that while there were other firms out there offering analysis tools, RealYields.com is second to none.

We’ve taken a thorough look at all the product has to offer and how publishers and broadcasters might team up with RealYields as well, to enhance the products they offer to their real estate advertisers. We’ll be delving into that in detail in an upcoming CIR.

Written by Sharon Hill

Sharon Hill has been a senior writer / analyst with the AIM Group since 2004, except for a two-year time-out to serve as sales and marketing manager for Suburban Newspapers of America. She worked at newspapers in California, the Carolinas and Indiana as a classified advertising sales supervisor and manager, and in newspaper circulation in Alaska. At the SNA, she was responsible for bringing in new members; lining up exhibitors, and helping develop programs for the classified conference and the classified alliance. She is also co-author of “Implementing and Managing Telework: A Guide for those who make it Happen” (Praeger Press) and a prolific blogger and social media user. She is based in Phoenix.

zv7qrnb