Before making a decision to invest, you need to be informed with all the data available. What if all that data could be visualized all at once, making it possible to instantly spot trends, and find potential bargains? Read on to find out how you can utilize PetroDE to make better investment decisions, not only in the oilfield, but anywhere.
Visualize once invisible trends on one map
Commercial real estate investors depend on several different data streams to make decisions. Being able to see all the data available concurrently and on one map and analyze it with charts and histograms is invaluable. A typical real estate listing includes a map and filters the data, but any additional data available to investors must be analyzed separately and can take hours to cipher through. That is unless you have PetroDE. With PetroDE, you can upload all of the available data and look at it together on ONE map, instantly!
Price to rent ratio with the click of a button
For example, a real estate investment group in Los Angeles is looking to make an investment decision based on the best information available. With PetroDE, they can easily upload the listings from the commercial real estate site and look at it together with a public data set of median rent prices. To visualize the results by neighborhood, they can upload a shapefile of the neighborhood boundaries, then select to view the median rent by neighborhood with a heat map. The resulting view shows the investors where the best values are located. In only an hour, the investors have the information and analyses needed to narrow the search to a few properties they want to view in more detail.
Calculating risk for the optimal investment decision
Next, investors can view the heat map of the median rent prices on a one mile grid to get a more detailed look. Aggregating by the P10/P90 ratio of rent prices gives investors a feel for the variability in rents in that particular square on the map. A high P10/P90 ratio shows greater variability in rents, translating to a higher risk in potential rent income. The percent determined calculation gives another measure of the risk in rent income from the purchased property. A low percent determined result in a square is another indicator of greater risk in rental income. The heat map visually pops out the prospective areas. All of the statistical calculations available in PetroDE are instantly available for any dataset you care to bring in, making determinations like this fast and easy.
“You guys have a pretty powerful tool here and I learned how to use it in under an hour!”
Moreover, PetroDE makes it easy to handle large datasets. Expanding the search and analysis to a much larger area doesn’t take any more time than it takes to download the data from the commercial real estate site.
The goal is high potential rental income in an area where the purchase price per square foot is lower. Combining the two data streams on the same map lets the investment group see both trends at the same time.
Collaboration on investment decisions made easy
Being able to view detailed analyses on a map allows investors to narrow down the listings for in person viewings. Details of each property are available in the text balloon. Thus, appointments for viewing prospective properties can be made straight from the PetroDE map. Annotations and notes about each property are quickly added to the map and can be seen by the whole investment team, streamlining decisions.
“We have an unfair advantage now!”
Valuable time is saved when investors can see everything in one place. With PetroDE, investors can combine multiple data sources, analyze, schedule appointments, and even add notes to the map. In a hot market, the team that can see the best deals and collaborate on a decision the fastest will win. What’s your advantage?
You can easily analyze any data in PetroDE. Are you currently struggling to see the whole picture with oil & gas or right of way leases? Contact us at sales@PetroDE.com!