AskRIC

AskRIC

Rental Income Calculator

1 ratings
13 reviews

Archived App

This is an archived listing of the app previously available on the App Store.

Although the app is no longer distributed by Apple, you can still view its description, screenshots, version history, ratings, and metadata for reference.

Details

  • Released
  • Updated
  • March 13, 2020
  • June 27, 2022

Features

AskRIC screenshot #1 for iPhone
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AskRIC screenshot #10 for iPhone
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About

This app helps users discover and analyze rental property investment opportunities. It provides projected rental income, expense calculations, and customizable offer forms for potential real estate investors.

Projected monthly rental income calculation
Real-time MLS data integration
Adjustable expense parameters
Customizable offer forms
Map and list property views
Support for various investment strategies
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What's New in AskRIC

1.4.6

June 27, 2022

AskRIC 1.4 features many improvements to optimize the speed of search and analysis. You'll also find usability improvements to the search page; with direct property search, minimized property card for easier return to recent properties, ability to expand search area when result set is low, and much more.

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Subscription plans

AskRIC Standard Monthly

AskRIC Standard Monthly

$9.991 Month
7 Days trial
How to cancel AskRIC subscription ⁉️

User reviews

Difficult to use

The concept is great, but the app is difficult to use. I’m having trouble looking up specific addresses. Also, I can’t figure out how to modify taxes and insurance. They are severely under estimated for California. I’m unable to figure out how to set up the formulas so the results are deducted from the rental income. Too tricky.
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Seems cool

It just doesn’t work or open.

App doesn’t even work

Great concept, we were ready to begin investing and it just freezes and doesn’t load. Look for another app to do this on, they totally botched this after a little while.

Doesn’t work

Didn’t work. Locked up immediately. Love the concept and would love to try it when it’s up and running.

Won’t work for me.

Freezes as soon as app opens

FAQ

What is AskRIC?

AskRIC is a mobile application designed to help users discover and analyze the investment potential of rental properties. It calculates projected rental income, allows for detailed expense analysis, and facilitates the creation of offer forms.

How does AskRIC source listing data?

Listing data within AskRIC is sourced from real-time MLS data, covering approximately 95% of the United States. This ensures users have access to up-to-date property information for their analysis.

Can I customize expense calculations in AskRIC?

Yes, AskRIC allows for adjustable parameters for monthly expenses, current mortgage rates, and variable down payments. Users can also customize preset values for loan terms and routine expenses to tailor the analysis.

What investment strategies does AskRIC support?

AskRIC supports a wide range of investment strategies, including fix and flip, wholesaling, BRRRR, short or long-term buy and hold, and all-cash plans. It provides a platform to quickly evaluate deals for any strategy.

How can I make an offer on a property using AskRIC?

When a property meets your criteria, AskRIC provides a customizable offer form that can be sent directly to the listing agent or your chosen real estate agent, simplifying the initial buying process.

What is the pricing for AskRIC?

AskRIC offers a subscription plan called 'AskRIC Standard Monthly' for $9.99 per month, which includes a 7-day free trial. This subscription unlocks the full functionality for rental income calculation and property analysis.

What devices is AskRIC available on?

AskRIC is available on iPhone, iPad, and iPod devices. It is designed to be a versatile tool for real estate investors on the go.

When was AskRIC last updated?

The latest version of AskRIC, 1.4.6, was last updated on June 27, 2022. This indicates ongoing development and maintenance for the application.