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The Flexible Real Estate investor's Evaluation and Decision support system with Optimal MethodologyGoodson, Keith Vernon 30 March 2010 (has links)
<p>Today's real estate market provides excellent opportunities for the low-level
investor to obtain sound properties at below-market values. Through this vehicle,
investors can increase their net worth and thereby gain financial freedom. In order to
make informed decisions on which properties to buy and how to buy them, the
inexperienced investor needs the appropriate knowledge and tools. FREEDOM, the
Flexible Real Estate investor's Evaluation and Decision support system with Optimal
Methodology, will fill this need.</p>
<p>
FREEDOM will perform various financial analysis' of properties and will provide
numerical evaluations to aid in decision making. From the information produced by
these different evaluation options, FREEDOM will output a variety of reports and
graphics. Inputs, in the form of current and historical, sale and rental, property
listings will be placed into FREEDOM via input panels. FREEDOM will also keep track of
the investor's portfolio and will perform various current and prediction net worth
analysis.</p>
<p>
FREEDOM will be a relatively unstructured decision support system designed using
conventional system engineering concepts, to include the seven step system development
life cycle, modular design. logical subsystems and data flow diagrams. It will be designed
for future expandability and flexibility. FREEDOM will encompass all aspects of a
traditional system: the human, hardware, software and data. The results of this system
will be to provide the low-level investor with a set of tools to increase his knowledge and
aid in his decision making.</p>
<p> / Master of Science
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