DealCheck Pros & Cons
Has a free plan
Gets data from only one listing service
Provides connections to lenders
Who DealCheck Is Best For
Real estate investors looking to buy rental properties: DealCheck estimates various factors that real estate investors consider before purchasing a property. Among these factors are cash flow, return on investment (ROI), and rental comparables.
Real estate flippers: DealCheck provides detailed information on what repairs and improvements are needed to flip properties. It also projects the rehabilitation cost, property value after repairs, and total profit, among others.
DealCheck’s pricing includes a free version and two paid plans ranging from $9 to $19 per month. Differences between the plans include the number of properties, photos, and comparables you can save, as well as access to advanced features like a purchase offer calculator and property owner lookup.
Casual investors or beginners in real estate investing
Real estate investors who are choosing from a high number of properties
Real estate brokerages and full-time investors
Up to 10
Up to 50
Up to 5
Up to 15
Sales and Rental Comps
Up to 5
Up to 10
Purchase Offer Calculator
Property Owner Lookup
*Annual plans are paid in full at the start of the billing cycle
The Starter plan gives you access to rental cash flow, house flipping, and investment return calculators. It also provides flexible financing scenarios, side-by-side property comparison, sales and rental comps, custom investment criteria, property data import, nationwide lender directory, and a real estate glossary. It includes reports like profit projections and interactive investment reports.
The Plus plan has all of the Starter plan’s features as well as updated property records and additional purchase criteria. These additional criteria enable you to customize your property search to those that fit your investment goals.
The Pro plan includes all of the lower plans’ features plus property owner lookup and branded reports. It also enables you to customize sale and rental comparables when calculating after repair value (ARV) and rent.
DealCheck Alternatives 2020
Best Real Estate Accounting Software
Real estate businesses, investors, brokers, and agents looking for a cloud-based accounting software
Real estate agents looking to track profit and loss by sale
Businesses needing property management features
Businesses that want less-expensive, cloud-based, full-featured accounting software
Property managers with only a few units looking for free accounting software
- Property analysis: It enables you to predict costs and profit for different types of property, such as rentals, flips, multifamily, commercial buildings, Airbnbs, and buy, rehab, rent, refinance repeat (BRRR) properties.
- Property data import: You can search public records and save property data, including estimated value, tax assessment, sales history, comparables, and property photos.
- Deal customization: It allows you to customize offers in terms of insurance, budget for property management, maintenance, capital reserves, and landscaping. The platform’s offer calculator also determines the highest price you can offer for a property you want to sell.
- Purchase criteria: You can narrow down your property searches by setting maximum and minimum values for price per square foot, total profit, and ROI.
Most Helpful DealCheck Reviews
After reading DealCheck reviews online, I found that most of its users are satisfied with it. Many said that it has a user-friendly interface and easy-to-understand analyses. Some added that the customer support team was responsive to their inquiries. A few also appreciate that it instantly generates reports and projections for each property.
DealCheck provides metrics important for real estate investors
“Overall, I think DealCheck is a great tool for real estate investors. It’s really well-designed to help you do a quick analysis of the properties you’re buying. I haven’t tried the flip side, but the rental analysis works great. You can get all of your important metrics like cash flow, cap rate, cash-on-cash (COC), and so forth, as well as sales and rental comps.”
— Brock Friedrichs
It lacks the ability to share property lists with other users
“It would be great if you could share your properties with another user when you have partners who also want to look at the deals you’re analyzing.”
— Jessica Fortner
DealCheck Frequently Asked Questions (FAQs)
Can DealCheck analyze properties outside of the U.S.?
Yes. DealCheck analyzes properties in Canada, Australia, and European countries. However, the property data import, sales and rental comps, and property owner lookup features can only be used on properties in the U.S.
Do I need a real estate agent license to import property data?
No. You can create a DealCheck account and analyze properties even if you are not a licensed real estate agent or broker.
Which lenders can I access through DealCheck?
Through DealCheck, you can contact various lenders, such as Finance of America Commercial, PrivateLender.com, and MoFin Lending. The types of loans you can receive include conventional, rental, portfolio, hard money, commercial, construction, and bridge loans.
If you are not sure if DealCheck is right for you, this article on the best real estate accounting software is a review of our top choices. Our team looked at a variety of solutions and narrowed down our recommendations based on price, features, and ease of use.