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Marc Rutzen

๐Ÿ‘ค Speaker
188 total appearances

Appearances Over Time

Podcast Appearances

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

I'm ready.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

Yeah.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

So we are a pure play SaaS company.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

Okay.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

So what we do, if there's a value-add investor who's looking to tell, you know, if I'm going to do a value-add, what happens if I add the granite countertops, the hardwood floors, the roof deck?

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

What if I do this to a multifamily property?

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

What am I going to be able to get and rent for each of those improvements?

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

The simplest use case is a value-add investor can put in their deal parameters, toggle those amenities on and off, and actually see what rent lift they'll get before they spend money on those improvements using our machine learning algorithm.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

The top tier is 500 a month and the bottom tier is 100 a month.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

I'd say actually more lean toward the 500.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

Okay.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

Okay, cool.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

Historical data that are included there.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

Yeah, so we actually help people source deals.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

So people are constantly trying to figure out if a deal is going to be a good undervalued play or not.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

what our platform allows you to do is very quickly load a rent roll into the platform it'll parse it and analyze and see if your rents are at market or if there's upside load your t12 your uh trailing operating expenses it will load it into the platform very quickly and then compare to market benchmarks and tell you if your expenses are above or below market and then ultimately in just a few minutes you've actually got a full underwriting model of the plat of the deal

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

And you can see if it's a good deal or not.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

It's that whole adage that you got to look at 100 properties, make offers on 10, and then ultimately close on one.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

We help you do that 100 properties part in about a 10th of the time it would typically take.

SaaS Interviews with CEOs, Startups, Founders
1639 How This Company Hit $10M Valuation Serving Real Estate Value Investors

So we get data directly from the source.

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