I've been lurking for a while but haven't posted much. I work in acquisitions for a large REIT, having been on the private side for the previous 5 years. We're building an acquisitions platform and I've been exploring database & GIS (geographic information system) software to be used for tracking potential acquisitions and property information. In the past, I built an access database and then linked each property to Microsoft MapPoint but MapPoint was incredibly antiquated. There are a ton of options out there but I was hoping to get some feedback on which ones people have had success with.
Trending Content - Real Estate Forum
| +24 | Hotel Recruiters | 14 | 1d |
| +15 | Senior Living Modeling Help | 5 | 5h |
| +12 | Leaving Self-employment for Commercial Real Estate Brokerage | 2 | 3d |
| +9 | REPE Analyst Firm Advice | 1 | 12h |
| +7 | KeyBank RE Underwriting | 6 | 2d |
| +6 | Rate Hikes | 2 | 2h |
| +3 | What are the best undergrad schools for placing in real estate finance? | 6 | 18h |
| +3 | BGO REPE LDN | 0 | 5h |
| +3 | Overtime approval | 5 | 21h |
| +2 | Anyone familiar with Migsun Nehru Place, Greater Noida? Thoughts on investing here? | 3 | 3d |
Career Resources
We use batchgeo.com (we have the pro edition, but there is a free one too) to make maps.
Google maps has the ability to make custom maps too, but I've not tried it.
I have made a few maps with the Google custom maps to track comps, sub market statistics/info, and development pipelines. Google is pretty simple when importing KML & CSV data files which is why I like it. I have never tried batchgeo though. I will be looking that up.
Do these GIS products generally come with built-in data (e.g. Census Bureau stats) or do they mostly require that the user provide the data?
Thanks for the thoughts - I'll check out batchgeo. One thing that I forgot to mention is that I'd like to be able to link each plotted property to an internal server & individual folders that contain all of the property level data - rent rolls, OMs, etc.
Seems like you need a programmer/designer---that would be too in depth for me to attempt at least. I use realquest for a lot of what you're describing--sorta a mix between public records, GIS mapping and comps/for sale listings.
Sorry, I missed the part where this was for a company wide system upgrade. We keep batch geo files for on team management, not for reporting or anything official. Like I keep one for each deal I'm working on to track comps or plot tours for site visits. Or to track what is in my pipeline/what I've looked at/toured in a city.
The software that we are using to do what you want (with all of the internal linking and demographic data and stuff) is ESRI. Great company that will work with you to customize their software the way you want it. However, it is not cheap.
Ut saepe ratione animi aut enim. Voluptas nihil sit sequi quasi consequuntur.
Quisquam error qui itaque. Dolor tenetur reprehenderit ut est porro illum enim. A architecto a nihil magni dolorum placeat doloremque.
Dolore quaerat qui voluptatem mollitia. Labore provident consequuntur at delectus. Ut enim eos odio quia iusto ut. Nam eaque distinctio et enim saepe fugiat.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...