PropIQ

Stop guessing on deals. PropIQ is an AI-powered real estate analyzer that tells you in 30 seconds whether a property is worth your time —...
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Propertypilotai123Profile picture@propertypilotai0·Mar 7

The 30-Second Deal Test I Use Before Looking at Any Property

Most new investors waste hours on deals that were dead on arrival. Bad cap rate, negative cash flow, hidden red flags — all stuff you could've caught in 30 seconds if you knew where to look.


Here's the quick framework I run on every single deal before I spend another minute on it:


1. Cap Rate Check — If the cap rate is below 5% in a market where 7%+ is standard, it's overpriced. Move on.


2. Cash Flow Estimate — Take the monthly rent, subtract PITI (principal, interest, taxes, insurance), property management (10%), vacancy (8%), and maintenance (5%). If you're not clearing at least $200/month per unit, the numbers don't work.


3. Red Flag Scan — Flood zone? Foundation issues? Declining neighborhood population? Any one of these can turn a "great deal" into a money pit.


4. The Verdict — After 30 seconds: Buy, Pass, or Dig Deeper. Most deals are a pass. That's the point — you save your energy for the ones that actually pencil out.


I built PropIQ to automate this entire process with AI. Plug in any property, get the score instantly. No spreadsheets, no guessing.


If you're analyzing more than 2-3 deals a week, you need a system. This is it.

Profile picture
Propertypilotai123Profile picture@propertypilotai0·Mar 7

The 30-Second Deal Test I Use Before Looking at Any Property

Most new investors waste hours on deals that were dead on arrival. Bad cap rate, negative cash flow, hidden red flags — all stuff you could've caught in 30 seconds if you knew where to look.


Here's the quick framework I run on every single deal before I spend another minute on it:


1. Cap Rate Check — If the cap rate is below 5% in a market where 7%+ is standard, it's overpriced. Move on.


2. Cash Flow Estimate — Take the monthly rent, subtract PITI (principal, interest, taxes, insurance), property management (10%), vacancy (8%), and maintenance (5%). If you're not clearing at least $200/month per unit, the numbers don't work.


3. Red Flag Scan — Flood zone? Foundation issues? Declining neighborhood population? Any one of these can turn a "great deal" into a money pit.


4. The Verdict — After 30 seconds: Buy, Pass, or Dig Deeper. Most deals are a pass. That's the point — you save your energy for the ones that actually pencil out.


I built PropIQ to automate this entire process with AI. Plug in any property, get the score instantly. No spreadsheets, no guessing.


If you're analyzing more than 2-3 deals a week, you need a system. This is it.