Real Estate Software 3

Affordable Real Estate Investment Software (Part III)

Let’s explore another real estate investment software program that a lot of investors are probably familiar with, and that is Argus. Argus is a very well organized “product matrix” of extremely specialized software programs that include: Asset Manager, Development, Development Budget, Enterprise, Leasing Software, CRM software, Property Management and Property Budget Software etc. In addition to the programs they have products a called “solutions” which is a tab that will point you in the right direction, for which software program you may need the most.

Argus, despite its slick, clean and almost medicinal approach to real estate investment software programs has a price tag to match. The products have time line tags on them that do span over a matter of years, the most common is three years, but nothing is under $3,000 for those packages. It also seems that for beginners in the real estate investment world Argus, while informative and intensive, may not be as user friendly for beginning real estate investors, or anyone who isn’t proficient in the language of their program.

Their website itself is quite a maze of information albeit eventually helpful, more often that not it’s a little intimidating and confusing. Just trying to get down to which program best suits you best and deciding which packages you need, can be cumbersome. A plus for Argus, is that there isn’t a lack of products available. There is an entire network of mixing and matching software options so that you can “customize” exactly what your needs for the program may be.

Between the extended price protection plans, standard price protections plans, and basic price protection plans in addition to single user options or multiple user options you can begin to weed out which program won’t work for you. The user option is helpful for those that run their own real estate investment firms and want to purchase a software program that will enable the entire office to be using the same technology. Argus even offers study guides to help you decipher your new “helpful tools,” although the fact that they even offer such a product is a sign that this program isn’t for the faint of heart and especially not for those that just found out how a spreadsheet works.

If you are a whiz at software programs and if you are extremely familiar with commercial, multifamily, or residential real estate investing this type of software may fall right in line with your need for speed and efficiency. Keep in mind the price, the content, and the “user friendly” capabilities when purchasing any software program. For illustrations sake, if all that you need is a reliable Honda to get you back and forth in an efficient and reliable way, there is no need to spring for the Jaguar unless you are desire that certain type of speed that is derived from an intricately foreign network of data.