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Updated 7 months ago on . Most recent reply

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Suhaib Rehman
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32
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Intelligent automation in the multifamily deals

Suhaib Rehman
Posted

Good day everyone, 

I am fairly new to multifamily real estate investment and learning this trade. It is quite complex and heavily manual and opinionative (a lot of decision comes from intuition). 

Being an engineer, I am wondering if there are areas[deal analysis,  underwriting,  acquisition, financing, or investment/funding)  where some automation (intelligent insight, reasoning, and decision support) can help you grow the business. 

Please feel free to comment here. 

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862
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Bradley Buxton
  • Real Estate Agent
  • Nevada
593
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862
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Bradley Buxton
  • Real Estate Agent
  • Nevada
Replied

@Suhaib Rehman

There are a few software tools out there. Keep in mind the numbers don't always tell the whole story. The one thing you can't change about a property is the location. On paper a property can look great yet be a bad investment. Talk with multiple agents, property managers, handymen, and contractors. We do a ton of analysis on the Reno Nevada area Multifamily properties and the top property on paper is not what people buy. Other factors of condition, schools, and rental increases are some of the other factors to consider that will not appear on a spreadsheet.

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