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All Forum Posts by: Account Closed

Account Closed has started 2 posts and replied 2 times.

Post: 200+ units managed but want to expand Is it time for PM software?

Account ClosedPosted
  • Real Estate Broker
  • Riverside, CA
  • Posts 2
  • Votes 0

Hello!

My Family business has been managing commercial property (industrial and multifamily) totaling 200+ units for many years with just Quickbooks and spreadsheets. Things run smoothly but it requires practice to always be many steps ahead to catch changes in the leases. I would like to start expanding business but will PM software be needed? or is it just something that's nice to have and not worth the money. I've found a few that may work (total management, appfolio, budgetrac, and rissoft) but I'm not sold.

Any thoughts or recommendations?

Thanks

Post: Is Costar worth the money?

Account ClosedPosted
  • Real Estate Broker
  • Riverside, CA
  • Posts 2
  • Votes 0

Hi Everyone,

Anyone have any first hand experience with Costar? My small family business owns and manages some commercial properties in the inland empire, CA. I'm the only "computer savvy" one and I want to try and use some programs or subscriptions in our favor. I've  been contemplating buying the Costar package (which is around $4000 a year). I can deal with the price if the information can create the value in my next transaction. I did a quick google search to hear from other people and the results weren't great. The majority of complaints seemed to be about their customer service which doesn't seem to apply to me. I would like to use their service to research comps, trends or statistics and find any information on my market to better negotiate my leases. If anyone has any suggests with Costar or a different software/subscriptions id love to hear them. 

Thanks!

-Patrick Taber