Entering into a commercial real estate investment is a significant long-term investment, and reaching a valuation you are comfortable with is a challenge. Real Estate is an emotional investment as well, for all but the most hard-nosed investor. You've probably asked yourself at some point whether you’ve allowed your emotions to get the better of the hard facts.
Allocating a few hundred dollars to buying data is a great risk reduction strategy in this regard, and nowadays you can get great bang for the buck. There are many reasonably-priced sources of data available in the market today that can help keep you honest. At dmi.io we've been scouring the landscape of data providers and building tools to help you find data quickly and easily. In this blog I break down the valuation challenge into actionable steps you can take with data. You can view all of these through the dmi Data Explorer.