The digital world has made leaps and bounds in developing useful tools for a wide range of industries. Real estate has been no exception. Available today are a full range of software designed to address specific needs and concerns in commercial real estate processes.
Below are three handy software you can use to manage and grow your real estate investment portfolio.
Realeflow
Realeflow is a tried-and-tested real estate platform that can help you build and expand your investment portfolio. A so-called “all-in-one” investing software, you can use it to find commercial real estate for sale in a specific area or sell yours. Realeflow also allows you to get in touch with private lenders who can help you meet your investment goals.
The cheapest package, Lite, already comes with nationwide lead access for one user. But if you want access to Realeflow’s complete range of marketing and back-end management tools as well as five lead-generating websites, the Pro package offers the most value for money. You can check out their pricing and comparison chart here.
Yardi
Yardi real estate platforms aim to make property management easier whether you are a beginner to real estate investing or a seasoned pro.
For those who are new to real estate investing, Yardi Breeze is the “lite” version of the software. Simple and easy to learn how to use, it provides all of the essential building blocks to property management. The more advanced version, Yardi Voyager, offers a more comprehensive toolkit so property managers and hands-on real estate investors can create a fully integrated database of their investment portfolio.
Additionally, Yardi is not limited to commercial real estate management. You can use it for other purposes, such as self-storage and associations.
ARGUS
ARGUS has long been developing real estate software for plenty of people involved in commercial real estate. That includes property owners, investors, developers, asset managers, and appraisers. It is a true testament of just how useful and powerful the ARGUS line of software is.
To date, there are four ARGUS software for specific CRE needs:
- EstateMaster is an exceptionally useful tool for feasibility studies; it creates reports, as well as forecasts and projected cash flows for your development.
- Enterprise is designed for property valuation and asset management; the software generates cash flow analyses, valuations, and asset projections, among other things.
- Even if you are not monitoring real estate investment trusts (REITs), Taliance can still be an indispensable CRE software. It can help you consolidate asset data, analyze forecasts and scenarios, and calculate distribution waterfalls.
- The last of the ARGUS software is Developer, which was built for real estate development management. A tool that produces timescales, project financing structures, investor and stakeholder reporting, and cost control (among many other things), Developer is the answer if you are branching out to real estate development.
Apart from real estate software, experienced CRE brokers can help you advance your investment goals. In Miami, there’s one team of professionals that you can trust to make wise recommendations for your commercial real estate— Jerad Graham and the rest of EXP Commercial. Contact me at (305) 874-0835 or send an email to jerad.graham@expcommercial.com.
