Every Wednesday in Riverside, and on Zoom
Free FIRE AI kit

Before you chase the property, check the numbers.

Start with an address and use my free real estate deal analyzer to compare nearby sold homes, explore repair estimates and calculate a starting offer. About five minutes of setup gets the kit running in your own ChatGPT account.

Get the free kit
Rich Rice in a FIRE AI shirt
First look

Your free real estate deal analyzer shows its work

01

Nearby sold homes, with sources you can check.

02

A range for the property's after repair value (ARV).

03

Three repair levels, from a lighter update to a major renovation.

04

A maximum allowable offer using 70% of estimated ARV, minus estimated repairs.

05

A clear flag when reliable sold-home data is thin.

See the numbers behind the property:

Follow the sources. Compare the repair scenarios. See what deserves a closer look.

Sample workflow

Start with the address. See the moving parts.

Enter the property address. Get nearby sold-home comparisons, an estimated fixed-up value range, repair scenarios and an offer calculation.

Have walkthrough notes or a contractor's repair estimate? Add them to give the analysis property-specific information.

Now you have the sold homes, repair assumptions and offer math to work through, instead of just an asking price to stare at.

The calculation

See exactly how the offer number takes shape

The kit's maximum allowable offer calculator uses a straightforward formula:

Estimated fixed-up value × 70% − estimated repairs.

This 70% rule calculator puts the starting math in front of you. Check the value against comparable sold homes and the repair estimate against the property's condition. You can trace the offer calculation back to its inputs.

Missing facts

Turn missing information into your next questions

Which sold homes actually compare? What condition is the property in? What does the repair scope include?

Use the source links to check the sales. Add your observations and contractor numbers to sharpen the repair inputs. When reliable sold-home data is thin, the analyzer flags it so you know where to investigate next.

Work through the fundamentals in the deal analysis guide.

Getting started

Get the kit. Set up in about five minutes.

Submit the form and the kit arrives by email. Follow the setup instructions to run the ChatGPT deal analyzer in your own account.

A free ChatGPT account works with its standard usage limits. Your chats stay in your account. Instructions for Gemini and Claude are included too.

Start with the address you want to screen.

Verify everything before you make an offer and consult licensed professionals if need be.

Reviewed help

Put your own deal through my Deal Desk

Start with the self-serve kit. For my review of your own deal, FIRE Builder includes Rich's Deal Desk: a safe review from my desk to help inform your decision.

Explore FIRE AI to compare the tools, or FIRE Builder to see the reviewed help included with membership.

See FIRE Builder
Questions
What do I get for free?

The FIRE AI: Starter Analyzer kit includes setup instructions and a first-pass screen covering comparable sold homes, estimated fixed-up value, repair scenarios and offer math. Submit the form to receive the kit by email.

Do I need a paid ChatGPT account?

A free ChatGPT account works with ChatGPT's own usage limits. Setup takes about five minutes, and instructions for Gemini and Claude are included.

How do I add better repair information?

Enter what you observed during your walkthrough or supply a contractor's repair estimate. The kit also provides three repair levels to help you compare scenarios.

What happens when comparable sales are thin?

The analyzer flags insufficient reliable sold-home data. Each comp includes its source so you can check the information and continue your research.

Where can I get Rich Rice's review?

FIRE Builder includes Rich's Deal Desk, a safe review of your own deal from my desk. Explore the Rich Rice FIRE AI tools and FIRE Builder for the self-serve and reviewed-help options.

Put an address through the numbers.

Get the free kit and start with sold-home comparisons, repair scenarios and offer math you can work through.

Get the free kit

Your first Wednesday is free

Visit the FIRE Center in Riverside or join Deal Room and FOCUS on Zoom.