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Updated almost 2 years ago on . Most recent reply

User Stats

30
Posts
13
Votes
Ryan Leonard
  • Rental Property Investor
  • Milwaukee
13
Votes |
30
Posts

Multifamily Acquisition and Management Software - Hubspot?

Ryan Leonard
  • Rental Property Investor
  • Milwaukee
Posted

Hi - I'm wondering if anyone has a suggestion for what software to use for my current situation. I recently partnered with a real estate investment company in Milwaukee, WI. They do rentals and property management. I'm looking to organize the business and build a solid foundation so we can eventually start syndicating deals. We currently own 14 units but are looking to purchase a few 8-32 unit buildings in the next year or two. I'm very familiar with Hubspot as I'm currently building out a custom system for an investment company in Madison, WI. I love the customizability of Hubspot as well as its interface and integration potential. The downside is it costs around $600-$900/month and I know it will likely take me 3-4 months working 20 hours/week to build out the fully integrated system I envision. I know it will 100% serve the purposes we need, but at the same time don't necessarily know if it is worth it to "re-invent the wheel". 

We plan to do the following all within one software:

- Analyze and manage new potential acquisitions

- Asset Management 

- Property Management

    - Rent collection

   - Manage Maintenance Requests

- Syndications

- Store all contacts (agents, bankers, investors, etc.) 

What software (other than one I would customize, like Hubspot), are out there that accomplishes everything we need in one fully integrated system? If there is software out there, would it be dumb of me to "re-invent the wheel" and create my own customized system within Hubspot? Curious to know people's thoughts on this. 

Most Popular Reply

User Stats

42
Posts
67
Votes
Ryan Randall
  • Nashua, NH
67
Votes |
42
Posts
Ryan Randall
  • Nashua, NH
Replied

I'm a software engineer, used to work for HubSpot on their CMS. I work for myself now, through real estate investing and contracting work. I've been noodling on building something similar to what you're describing for myself, and selling as a product geared towards REI's.

While getting it to "beta" would likely take a few months, I'd be happy to chat with you more about it. Would love to see how you're using HS, and what you'd like to see from an all-in-one REI tool.

Feel free to dm me.

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