Picket is a real estate platform that utilizes data analytics and AI-driven tools to help individuals and businesses build and manage their real estate portfolios effectively. It addresses the challenges of investment decision-making by providing calculators for cash flow, ROI, and property analysis, enabling users to make informed financial choices.
Funding
$36.2M raised to dateRaised to date based on public sources. This may differ from the amount the company actually raised and is based only on what is publicly available on the internet.
Founders
Product
Problem
Real estate investors often struggle to efficiently analyze potential properties and manage their portfolios due to fragmented data and the complexity of financial calculations. This makes it difficult to quickly identify profitable opportunities and optimize investment strategies.
Solution
Picket is a real estate investment platform that provides users with tools to analyze properties, estimate returns, and manage their portfolios. The platform offers a suite of calculators for mortgage costs, BRRRR (Buy, Rehab, Rent, Refinance, Repeat) analysis, fix-and-flip projects, and rental property evaluation. By centralizing key data and automating complex calculations, Picket aims to streamline the investment process and empower users to make data-driven decisions.
Target Audience
Picket targets individual and institutional real estate investors looking to streamline property analysis, optimize investment strategies, and manage their portfolios more effectively.
Features
- Property search with filtering by market, price, and cap rate
- Mortgage calculator for estimating monthly payments including taxes, insurance, and PMI
- BRRRR calculator for assessing cash flow and return on investment
- Fix and Flip calculator for forecasting profits and ROI on renovation projects
- Rental Property Calculator for analyzing income, expenses, and cash flow
- Real Estate Wholesaling Calculator for estimating assignment fees and profitability
- Depreciation Calculator for understanding tax benefits of owning rental property
- 70% Rule Calculator for assessing fix-and-flip deals