Increase productivity and elevate your decision making with the IMAPP is a platform. IMAPP consolidates public tax and real estate property information in one place and is designed for commercial real estate professionals, helping to save time, make informed decisions, and enhance overall efficiency and effectiveness.
Key features and benefits of IMAPP for Commercial Real Estate Professionals include:
Efficiency and Time Savings: Gathering tax and property information typically involves searching through various government databases, websites, and records. Having a centralized tool that aggregates this data can save a significant amount of time and effort.
Comprehensive Data Access: Commercial real estate professionals often need access to a wide range of property-related information, including property assessments, tax history, ownership records, and zoning details. A tool that consolidates this data in one place can provide a comprehensive view of a property’s financial and legal status.
Due Diligence: Having easy access to tax and property information helps assess the financial health of a property, identify any outstanding tax liabilities or liens, and evaluate potential risks associated with that property and geographic relationship to other nearby features and risks.
Investment Analysis: By providing tax information, such as property tax rates and historical tax assessments, IMPP can assist in calculating operating expenses and estimating future cash flows.
Property Valuation: Accurate property tax assessments and real estate market data are crucial for determining the fair market value of a property. This information can be leveraged during negotiations of purchase prices, lease rates, and financing terms.
Market Research: Staying informed about market trends and property values in their target areas is critical. A tool that offers access to near real-time and historical property data can support market research efforts.
Risk Mitigation: Access to tax information can help identify potential financial risks associated with a property, such as unpaid taxes or tax assessment disputes. This knowledge allows professionals to take appropriate steps to mitigate these risks.
Client Services: Most Real estate professionals often work with clients who require detailed property information. Having a tool that provides quick and reliable access to tax and property data can enhance the quality of service provided to clients.
Investment Strategy: Access to aggregated tax and property information can assist commercial real estate professionals in formulating investment strategies, identifying opportunities, and making informed decisions about property acquisition, management, and disposition.
In summary, a tool that consolidates public tax and real estate property information in one place can be a valuable asset for commercial real estate professionals, helping them save time, make informed decisions, and enhance their overall efficiency and effectiveness in the industry.