Flawed Process Thinking, Flawed Software

Published: Dec. 10, 2021, 8 a.m.

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On today\\u2019s show we\\u2019re 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.

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

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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.

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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

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email: podcast@victorjm.com

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