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Updated over 6 years ago on . Most recent reply

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Alexey Igumnov-Galtsev
  • New to Real Estate
  • New York, NY
0
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1
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Need a piece of advice ( MF acquisition issue )

Alexey Igumnov-Galtsev
  • New to Real Estate
  • New York, NY
Posted

Hi everyone! I need a piece of advice. Thank you upfront

For 2 years I have been working on software that can analyze any residential real estate, include MF up to 50 units (CAP rates, repairment cost, after condo conversions potential price, local laws, taxes, closing costs and etc). Now the system is done and we discovered hundreds of undervalued MF in MLS, Auctions, Foreclosure around the country. Experts on the ground say that numbers and predictions of the system are quite accurate.

How do you think, what is the best way of monetization here?
We can't do Saas because once we show the great opportunity to several people there is no exclusivity anymore and the owner could get too much interest

Does 1% is the fair price for the right recommendation if an investor can get a 10% extra bonus?

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