Ingestion
The system pulls listings and property data from the sources we license, and reads public county records where they are available. It runs on a schedule, not when someone remembers to look.
The platform
Most of the work happens before anyone picks up the phone.
A broker sends you ten listings a week. The market produces thousands. We built software that looks at all of them, so the ones we actually visit are the ones worth visiting.
Why we built it
Deal sourcing is a coverage problem.
In small multifamily, the edge is rarely in negotiating better. It is in seeing more, and seeing it earlier.
A person working full time can properly review perhaps twenty opportunities a week. Across Florida and Nevada alone, thousands of residential and small multifamily assets change status every month. Almost all of them are wrong for us — the price is off, the unit mix does not work, the renovation does not pencil. The problem is that finding out takes an hour per property.
So we automated the first hour. The platform does the discarding. We do the deciding.
How it works
Five stages, running continuously.
Screening
Each property is matched against our buy box: asset type, unit count, price band, year built and submarket. Most are discarded here, automatically.
First-pass underwriting
What survives gets numbers attached: estimated market rent, estimated renovation cost, operating expenses and the resulting yield — using assumptions we set and can change at any time.
Ranking and alerts
Whatever clears our threshold is ranked and pushed to us. From a new listing appearing to it reaching our inbox, the gap is hours, not weeks.
Decision log
Every property we look at is recorded with the numbers that were on the table and the reason it was kept or dropped. That record is how the assumptions get better.
A human goes and looks
The platform never buys anything. It decides what deserves a visit. Everything after that — walking the property, pricing the renovation, negotiating — is done by people.
What it changes
Coverage, speed and consistency.
- Coverage. We are not limited to what a broker chooses to send us.
- Speed. In small multifamily, the good ones go fast. Being early is most of the advantage.
- Consistency. The same criteria are applied to every property, on a Friday afternoon as on a Monday morning.
- Memory. We can go back and see what we passed on and whether we were right. Spreadsheets do not do that.
Built in-house
We use it before anyone else does.
The platform is developed within our group and used first on our own acquisitions. It is not a product we are selling into a market we do not operate in.
That matters for a simple reason: every assumption in it comes from a property we actually bought, renovated or walked away from. When a renovation costs more than the model said, the model changes.
Where we co-invest with partners on a specific project, the same analysis and the same reporting are available to them. We do not run anything for third parties that we do not run for ourselves.