All DealCheck Reviews
1-25 of 34 Reviews
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Alex
Verified reviewer
Real Estate, 1 employee
Used weekly for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed September 2023
Most Comprehensive and Flexible Option Calculator Available
I'm now a super fan because this software is designed very well and that's unusual in my experience.They not only have good software, but they have excellent onboarding emails that expose you to features you may not have noticed. I never needed support, but instead sent in some thoughts about how to take things further and I got a fast and well written reply.I'm very impressed with the software and the business.
PROSThe most important thing to me was being able to easily find IRR for different scenarios I was considering for renovating, expanding, and/or adding an ADU to a property I already owned. So, my use case was a little different than considering a purchase. I needed something to work out what type of further investment made sense.I love how comprehensive and flexible DealCheck is. If you want to put in a ton of details, like specific operating expenses, you have that option. If you want to just do a lump sum, you can keep things high level.Also, unlike basic/free calculators you can save your work and compare scenarios. You can even consider phased investments. I sort of hate to say it, but I've been able to do all this in the free version. I feel like I owe these folks something for getting so much value which is why I'm sharing a review.At first, I thought I could only see IRR for particular years (like year 10 and year 20), but in typical DealCheck fashion, when I looked a bit more I realized that there was an option to see every single year. That kind of positive discovery happened several times as I got familiar with DealCheck.I'm a single property investor so was hunting around for a simple, but comprehensive tool. I tried all the calculators and downloadable sheets. That was all time wasted. I wish I'd found DealCheck first because it has everything I was looking for and a lot more.If you have more properties or are considering deals, definitely give it a try.
CONSI have nothing that I dislike about it. I can imagine it having some kind of solver capability though like, "If I want X IRR in year Y, how much can I invest now in rehab at Z interest rate?" I worked that out by trial and error, but the system makes it quick to adjust your investment and see your return.
Reasons for switching to DealCheck
Other calculators lacked at least one thing or were hard to work with. DealCheck has everything I was looking for and is elegantly designed.
Vendor Response
Hi Alex, Thank you so much for leaving us such a detailed review, we truly appreciate it! We also value your feedback and suggestions, so you are welcome to send those to us at any time.
Replied September 2023
Jeremy
Verified reviewer
Real Estate, 51-200 employees
Used daily for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
FUNCTIONALITY
4
Reviewed February 2024
Very good visual cash flow analysis/pro forma for commercial brokers.
everything else is good so far so it works very well and the reports are great.
PROSrelative ease of use. the glossary, the reporting, the analysis, the purchase criteria.
CONSfor US Market only. Can't do comparables, or rent comps in canada. Can't find owner info (should integrate with COstar) i can put you in touch with regional directors if you would like. Can't customize units or multi units simultaneously. Cant save templates for the commercial broker itemized items(*that im aware of). reports should be in the analysis section with the sharing option within and not in te tolls category. Can't determine offering price if none of the purchase criterias are not selected. Can't add a total or average sqft for the building or property, rather you have to currently add sq ft per unit (not always provided and it's very difficult to start having to have to calculate the avg then the common spaces etc. sometimes we just have land and building sqft if we want to get a $/sq ft or $/ac value. when you select the ITEMIZED OPERATING EXPENSES section, instead of clicking the pencil, we should be able to just click the Per month or per year grey button instead of having to click each one and manually enter it, per month or per year or per building or per unit, those options should be immediately in front for immediate access. I would also clean up the purchase criteria page on the pdf, it doesn't need to take up a whole page, but maybe put them in 2-3 columns to clean up. in the section OPERATING EXPENSES i would also have it display as month and yearly kind of like the pie chart you have where you can select either option. i would do that for the OPEX as well and have the modifiable buttons outside for faster editing then have to go into the actual item. takes long. I would also add an option where a property may add say an additional expense like insured mortgage criteria which has a cost lets say for eg. 60$ additional per appliance per unit per year. so i would have the expense as 60$ , select either month or year, and then have a modifiable section to inout how many appliances there are so i can create an item that is for stoves x 12 units x 60$ and calculate that on a yearly basis. Also i would make the photos movable. so if i want to modify the order of the photos instead of uploading 1x1.
Reason for choosing DealCheck
cash flwo analysis, reporting, accessible link for buyers to modify their own criteria for the analysis and breakdown. Projection are key.
Vendor Response
Hi Jeremy, Thank you for leaving us a review and sharing your detailed feedback, we really appreciate it. We already support many of the features you've mentioned, so please reach out to us at support@dealcheck.io so we can walk you through how to use them.
Replied February 2024
Maria
Real Estate, 2-10 employees
OVERALL RATING:
4
EASE OF USE
4
VALUE FOR MONEY
4
CUSTOMER SUPPORT
4
FUNCTIONALITY
4
Reviewed February 2023
Deal Check is Part of our System
We use it and weigh in the properties we're selling or buying.
PROSThe program is cost effective for all the types of analysis that are available.
CONSThe program is limited to traditional investment practices, not creative for a changing real estate market.
Dan
Real Estate, 2-10 employees
Used weekly for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
FUNCTIONALITY
5
Reviewed December 2023
My Go-To Tool for Real Estate Investing
Overall, I'm very happy with DealCheck and would highly recommend it to any real estate investor.
PROSDealCheck is an excellent tool for real estate investors. It has all the features I need to analyze and track my investments, and it has saved me a lot of time and effort. The pricing is very reasonable, and I've found it to be a great value for the money. I also use DealCheck to generate reports for my clients, which has been very well-received. They appreciate being able to see all the details of their investments in one place.
CONSOne suggestion for improvement would be to add the ability to analyze multi-building deals (i.e., multiple properties under one transaction, also known as blanket/portfolio deals). This would be a great feature for investors who are looking to acquire multiple properties at once.
Vendor Response
Hi Dan, Thank you for your detailed review, we appreciate your feedback! We'll make sure we add a portfolio analysis feature to our product roadmap, and hope to get a chance to work on it soon.
Replied December 2023
Justin
Real Estate, 1 employee
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed July 2023
Great Tool
Easy, fun, nice, and convenient.
PROSI love the tool and use it to check on all potential properties before I look at them.
CONSNo sure yet. Keep using it! I look forward to using it more as I continue to evaluate properties.
Anonymous
1 employee
Used weekly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed April 2022
Makes deal analysis so simple and quick!
I love the smartphone application portion. I use the desktop version the most, however, having a great app interface allows me to do quick analysis of deals while on the go.
CONSI love this software for small residential deal analysis. I don't use it for larger, commercial properties. If they came out with a commercial property version that allowed for more complex financing structures I'd be interested in seeing that.
Vendor Response
Hi there, Thank you so much for leaving DealCheck a review! Our software already supports analysis of multi-family and commercial properties, and you can read our step-by-step guide to analyzing them on our help portal: https://help.dealcheck.io/en/articles/2068341-how-to-analyze-multi-family-and-commercial-properties If there is anything you feel we can improve to help you analyze these types of properties, please send us your suggestions to support@dealcheck.io.
Replied April 2022
Rudolph
Verified reviewer
Real Estate, 2-10 employees
OVERALL RATING:
5
EASE OF USE
3
VALUE FOR MONEY
5
CUSTOMER SUPPORT
3
FUNCTIONALITY
5
Reviewed April 2023
Check your deal from ship to stern with DealCheck!
It's wonderful. The app can do so much. It's honestly a little overwhelming. A little tutorial would help bring many of the more powerful features to my attention. The find lenders section is pretty good. I am a mortgage broker and this is what I do so trust me when I tell you it's good. I initially got it to simply check out price per foot for a construction deal. It was a lot to do just to get those numbers. But then I realized it was like using a tennis racket to swat a fly, I can do so much more with this than I thought.
PROSThe features and functionality. The modeling and analysis were so detailed. I am a mortgage broker and I would normally do some of this modeling for my clients and let them know if their deal qualifies or not. Deal does quite a bit of that for the user.
CONSHow difficult it was to initially get started. Perhaps a little bit of a guide or prompt for first time users would help. I figured it out, but it took a little bit.
Reason for choosing DealCheck
It seemed to analyze properties with much more detail from others in the app store.
Anonymous
1 employee
Used daily for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed September 2023
Great software!
Most importantly, access to their support team has been almost instantaneous! For each question I asked, they had a help page they pointed me to very quickly. That said - the system is very intuitive.
PROSVery easy to adopt, and quickly allows me to analyze properties.
CONSWould like to see more customizable report options.
Vendor Response
Hi there, Thank you so much for your review - we are very happy to hear you've found our software helpful thus far! If you have any specific ideas or suggestions for how we can improve our report customization options, please send them to us at support@dealcheck.io, if you haven't already.
Replied September 2023
Eliyahou
Real Estate, 2-10 employees
Used weekly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
FUNCTIONALITY
5
Reviewed December 2023
Great tool help eliminate time spent on under writing
very simple to use deal check will eliminate time understanding a deal very good charts
CONSThe comps report making me cons i dontnhave many
Vendor Response
Hi there, Thank you for taking the time to leave DealCheck a review, we really appreciate it! If you have any suggestions or feedback on how we can improve our sales and rental comps features, please send them to us at support@dealcheck.io.
Replied January 2024
Pierre
Real Estate, 2-10 employees
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed February 2024
Easy to use Real Estate application
One of my favorite real estate applications.
PROSDealCheck is an awesome product if you are a Real Estate Investor.
CONSEasy to use, relevant inputs and accurate and speedy outputs.
Travis
Real Estate, 2-10 employees
Used daily for less than 6 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
FUNCTIONALITY
5
Reviewed November 2022
EXCELLENT Tool to quickly evaluate investment real estate
My overall experience has been great thus far. Its quick, easy and directionally accurate. My entire Real Estate group, Six-Figure Landlord, use this tool and it helps us to have thoughtful and accurate discussions on whether or not to make the investment into the property. If interested in a great mentor group to join check this out - [SENSITIVE CONTENT]
PROSI like the fact that it is easy to connect to Zillow for pulling in the most relevant information on a property and to quickly adjust the information as you learn it through the due diligence process
CONSIt takes time to learn all of the other accessible tools. I tend to stay in (1) specific investment status, as that is my companies core compentency
Lauren
Telecommunications, 1 employee
Used weekly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
FUNCTIONALITY
5
Reviewed March 2023
Love DealCheck
DealCheck has made it extremely easy for me to learn more about property investments and analyze my portfolio. This is my go-to app & website when I see any property listed through the MLS or up for auction.
CONSMobile app navigation; the mobile app could be mobile optimized.
Bonnie
Real Estate, 2-10 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
FUNCTIONALITY
5
Reviewed December 2022
This is my go to analysis calculator
Very good.
PROSDealcheck is very intuitive. It contains all the major features I need to underwrite investment properties. My favorite feature is the data import from the MLS. It makes it so much faster to analyze multiple deals vs hand entering everything and it still allows me to modify or customize any field I need to after it's been imported. This has really been a time saver and it allows me to compare multiple deals side-by-side. I also like being able to customize performance metrics that matter to me so I can quickly qualify or disqualify a prospective property based on those metrics.
CONSThe mobile app needs some upgrades but it still works well when I'm in the field.
Reasons for switching to DealCheck
BP only allows a free version for 5 properties then the costs are too high, the numbers never come out quite right on their buy and hold and BRRRR calculators and it's a pain to edit any of the data entry fields without going back to the start of each calculator and going through each page to find the one field you want to modify.Deal check makes this MUCH easier.
Vendor Response
Hi Bonnie, If you have any specific feedback on what we can do to improve our mobile app, please send it to support@dealcheck.io. We'd love to hear from you!
Replied January 2023
Pradeep
Real Estate, 2-10 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
3
FUNCTIONALITY
5
Reviewed May 2023
Best tool for Investment property identification
excellent
PROSrun various situation of numbers for an investment property
CONSbreak down info and user interface for monthly rent can be made better
Reason for choosing DealCheck
simplicity
Jonathan
Commercial Real Estate, 2-10 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed December 2021
Amazing product
We use DealCheck everyday to breakdown and analyze deals for company growth as well as providing detailed information for potential investors and lenders.
PROSWhen I was looking for software to analyze potential deals I looked everywhere and nothing quite gave me what I was looking for. Then, I found DealCheck, the platform is incredibly user friendly, and even offers informational tabs that help you as you go. Even the bank was impressed with its layout and ease of use.
CONSThe only thing I found a bit difficult was the rental comps analyzer and it’s setup.
Reason for choosing DealCheck
Price, and I felt it offered more detail than its competitors.
Vendor Response
Hi Jonathan, We really appreciate you taking the time to leave us a review! If you can send us your suggestions for how we can improve our rental comps feature to support@dealcheck.io, we would really appreciate it!
Replied December 2021
William
Real Estate, 2-10 employees
Used daily for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed January 2023
Best Investment Analysis App Ever!
Deal check has been a cornerstone to my success as an investor and a realtor. I absolutely love this program and couldn't imagine operating without it.
PROSIt is so easy to use, it is affordable, the team does a great job of coming out with new great features.
CONSthere is actually nothing that I don't like about this software. It's literally perfect and keeps getting better! Keep up the good work and please keep this affordable!
Reason for choosing DealCheck
I started using deal check first and fell in love with its ease of use, aesthetics and amazingly professional reports!
Carlos
Real Estate, 2-10 employees
Used daily for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
FUNCTIONALITY
5
Reviewed January 2022
Deal Check Review: Valuable App for Investors
A necessary app for this field. Glad it was made.
PROSAccess to features only available in desktop fashion makes momentum with leads much quicker.
CONSPricing. You should have a trial and less upgraded versions. The trial should be a lite version and then you should have full access to full version. Different versions of full version defeats apps purpose and slows momentum down with leads.
Vendor Response
Hi Carlos, Thank you for taking the time to leave us a review! We have a free-forever version of our app with limited features, as well as several upgrade options depending on your budget and the specific features you need. All of our premium plans come with a 14-day trial, so you can test drive the added features before committing to a paid subscription.
Replied January 2022
Nathan
Real Estate, 1 employee
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed December 2021
Quickest, easiest, and most configurable tool for deal analysis
Fantastic tool and will continue to recommend it to as many people as possible.
PROSQuickest, easiest, and most configurable tool for deal analysis
CONSBeing able to more easily run different scenarios (financing, expenses, etc) on the same property would be great.
Reason for choosing DealCheck
Faster to import and analyze deals rather than inputing manually
Vendor Response
Hi Nathan, Thank you for leaving us a review and sharing your feedback with us! If you think of anything else, you can send it to support@dealcheck.io at any time.
Replied December 2021
Jim
Real Estate, 1 employee
Used daily for less than 12 months
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed December 2021
The Best Investment Analysis Tool Available
Excellent - Extremely valuable to my business
PROSAutomatic imports, seamless integration between platforms, provides every key metric and analytics criteria.
CONSNo complaints at all - I appreciate the constant improvement in the product. Only thing I could think of would to be able to move a property from Flip, to rental without reentering data.
Reasons for switching to DealCheck
Much more powerful application
Vendor Response
Hi Jim, Thank you so much for leaving us a review! You can easily change the property type between the rental, flip, BRRRR and wholesale categories from the property action menu. Please contact us at support@dealcheck.io if you need help with this!
Replied December 2021
Frank
Real Estate, 51-200 employees
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
FUNCTIONALITY
5
Reviewed December 2021
Great investment tool
Has everything I need for a full analysis
CONSNeed to be able to send offer directly from app
Vendor Response
Hi Frank, Thank you for leaving us a review and sharing your feedback with us! Can you send us an email to support@dealcheck.io so we can better understand your suggestion? Thanks in advance.
Replied December 2021
Antonio
Real Estate, 1 employee
Used weekly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed November 2021
The deal maker not just checker
The tool is professionally built. When I run into a question the tool already has a function to help answer it.
CONSIt would be great if it were linked to rentometer for rental comps.
Vendor Response
Hi Antonio, Thank you for your review! Our rental data, estimates and comparables come from the RentCast.io platform, which we found to be more accurate than Rentometer. If you have any issues with our rental data, please email us at support@dealcheck.io!
Replied December 2021
Brian
Real Estate, 1 employee
Used daily for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed December 2021
Investors most crucial tool
Excellent
PROSThe fact it can autopopulate the information of a properly with just the address
CONSI really haven't found one yet so far everything has worked as needed.
Dakota
Real Estate, 2-10 employees
Used monthly for more than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
5
FUNCTIONALITY
5
Reviewed April 2024
Deal Check made me a lot of money
Overall very happy with them. I'm wishing it was a secret.
PROSThe way it creates a very nice looking report. Investors and bankers love it. It's been easy to stand out across our competition with these reports, especially when wholesaling deals.
CONSI wish there was a better way to back engineer the deal to find the right purchase price. It works with some metrics but not all. For instance, what purchase price would I need to make this property bring a 15% return? This would help tremendously.
Eric
Verified reviewer
Real Estate, 10,000+ employees
Used weekly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
FUNCTIONALITY
5
Reviewed October 2022
Fantastic software to analyze real estate investments
It's been amazing.
PROSIt's easy to use, does all of the confusing math for you, it's a powerful tool.
CONSThe comparative properties aspect is weak.
Vendor Response
Hi Eric! If you have any suggestions for how we can improve our sales or rental comp features, please send us your suggestions to support@dealcheck.io. We'd love to hear from you!
Replied November 2022
Mario
Information Technology and Services, 10,000+ employees
Used weekly for less than 2 years
OVERALL RATING:
5
EASE OF USE
5
VALUE FOR MONEY
5
CUSTOMER SUPPORT
4
FUNCTIONALITY
5
Reviewed November 2021
RE Investor Software
Creating reports is simple and a repeatable process.
PROSThis software cuts the time in half by 50% when doing calculations on any real estate deal period!
CONSSoftware is great but you as an RE Investor still need to know how to do manual calculations and understand all the terms.