Budgeting application for commercial real estate (office, retail ,industrial and more)
Hello Redditers!

Most of the property management companies , from small to large real estate firms, use excel files to create budgets for their  properties/ clients etc.

In my career as a commercial property manager (working with few companies / roles over the years) I developed/worked or seen many budgets done in excel. Many time this created a lot of frustration among my teams and myself.

Now, I am part of a proptech startup ( including other real estate professionals) that wants to change this and we are creating (from scratch ) a budgeting software for commercial real estate.

I will provide you more information in the next few months for anyone interested to beta-test the software. Our idea is to create an application that can be used as a 5 years business plan to manage a commercial property not just a simple budget.

If anyone is willing / wants to share some comments about what features wants to see/ what frustrations want to address by using this software please let me know - here or DM.

Thanks!
[{"id": "ipou9sp", "text": "\u201cHi can you all please give me advise so I can sell it back to you in a year?\u201d\nYou\u2019re not getting feedback because your post adds 0 value to the community. Why not share some of your spreadsheets that you\u2019ve spent years developing and ask how to improve on those?", "replies": [{"id": "iprfzfy", "text": "If you are curios to do a search will see that my contribution /posts to the community is greater than ZERO.\n\nI am not looking for any advice on how to make our spreadsheets better - considering that they have been used/ vetted by many professionals from small landlords to large investors.\n\nMy request was simple and around the features n  general not how to improve an excel file, such as:\n\npossibility that the application to allow for managers to add comments and review budgets or landlords to have access to (for 3rd party managers) .", "replies": [], "depth": 2}], "depth": 1}, {"id": "iptx09z", "text": "Unfortunately this is low hanging fruit, and there are many budgeting options out there now at all price points. I know for sure the larger ones like yardi and MRI do what you describe already. You\u2019ll need to figure out what value or advantage you bring that others don\u2019t. If it\u2019s a common problem, you can bet the others already know about it or can implement it shortly after you.", "replies": [], "depth": 1}]