Quick Start Guide
Welcome to ModelSmart, a web-based, financial modeling platform used by first-time home buyers, home owners, new and experienced real estate investors, and real estate professionals (agents/brokers) to analyze and determine optimal residential investment opportunities.
In this Quick Start Guide, we will teach you the basics:
- Creating a property
- Creating your first scenario
- Analyzing your scenario
Step 1: Create a Property
- Use your favorite real estate listing websites to find potential investment properties
- Add the potential investment property to ModelSmart by clicking
Properties
on the navigation bar and pressing theAdd Properties
button - Fill in the required information as prompted by the Property Wizard. Once complete, you will have successfully added your first Property!
Step 2: Create a Scenario
- To create a Scenario, click
Properties
on the navigation bar and press on the Property you want to create a scenario for - Press the
Actions
button and selectCreate Scenario
from the dropdown menu - Fill in the required information as prompted by the Scenario Wizard. Once complete, you will have successfully added your first Scenario!
Step 3: Analyze your Scenario
- To analyze any Scenario you have previously created, click
Analyze
on the navigation bar - Select a Property
- Select a Scenario