Flawed Process Thinking, Flawed Software

On today’s show we’re talking about underwriting multi-family apartment deals. Earlier this week I attended a presentation from the CEO of a software development company that had developed tools for real estate investors to analyze the investment quality for multi-family apartment deals.

The software seemed fairly sophisticated and capable of analyzing a number of scenarios.

But if you remember last week I spoke about software tools on December 2. The episode was called Wasted Software. In that episode I spoke about the software making assumptions about your business process.

Well, this particular software was making an assumption that I fundamentally disagree with, to the point where I would outright refuse to use the software.

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Host: Victor Menasce

email: [email protected]