What are “must know” tools that I need to be successful other than Excel?
Do I really need to be an expert in Argus and Yardi to get into asset management? I have some excel experience but I certainly am not an expert with it so I am learning and taking online courses.
[{"id": "hl3471t", "text": "Yes you need to learn Argus if you want to analyze multi tenant properties properly.", "replies": [{"id": "hl34q2i", "text": "Is this something that companies would be okay with teaching? If I had proper industry knowledge and experience but no Argus experience?", "replies": [{"id": "hl40lqw", "text": "I imagine some would, it may just be someone that already knows it showing you how, that\u2019s how I learned Argus DCF. Once Argus Enterprise came out we did a large in person training that was very helpful. They offer virtual training so you can look into that as well.", "replies": [], "depth": 3}], "depth": 2}, {"id": "hl4kjrr", "text": "How much does argus cost?", "replies": [{"id": "hl6i4qn", "text": "Like 1-2 grand a year", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}, {"id": "hl3hqz7", "text": "Companies won\u2019t teach you Argus necessarily. Consider taking a course that teaches it. UCLA offers one for $800. Very worth it.", "replies": [], "depth": 1}, {"id": "hl4c0an", "text": "You should be able to create a 10 year discounted cash flow analysis in excel and be able to write if/logarithmic statements. Argus is only needed in certain asset classes not multifamily. Your ability to create a polished investment committee report will go a lot further than Argus.", "replies": [{"id": "hpwflhr", "text": "What asset classes is Argus good for for underwriting?", "replies": [], "depth": 2}], "depth": 1}, {"id": "hl4e0g0", "text": "Asset Manager? Nah you just need to know how to tell an analyst to print the Argus reports for you. /s", "replies": [], "depth": 1}]