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Updated about 5 years ago on . Most recent reply

User Stats

7
Posts
3
Votes
Alex Lade
  • Rental Property Investor
  • Austin, TX
3
Votes |
7
Posts

Tools for Property Data Statistics

Alex Lade
  • Rental Property Investor
  • Austin, TX
Posted

Is there an efficient process to record property data? I want to analyze data using statistics from multiple sources such as the mls. This is an attempt to make data driven decisions but not a replacement for due diligence, just an extra tool to help systematize and automate finding on-market deals.

Property data such as purchase price, list price, sqft, rent, bed/ baths, etc.

Then apply statistical analysis/ machine learning such as mean, median, rules such as 2% rule, rental growth over time, predictions in appreciation, etc.

Currently I use google sheets to store this data and use tools within sheets to analyze properties. Create graphs to show visualization of the data within a market. (I.e Austin Texas suburbs)

I have a technical background in Software Engineering and AI and want to leverage those to help find great deals and better understand market as it evolves.

Thank you for any help!

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