RENU Analytics is a software platform that takes direct data feeds from Multiple Listing Services, Tax Records, and Public Data. With this software we are able to accurately and efficiently underwrite over 20 Million Homes per day.
Real-Time data combined with historical data is applied to a proprietary algorithm to surface the best assets for a specific investor every 60 seconds. Asset level expenses are used to capture exact yield potential in each market.
RENU’s Corporate Underwriting Team consists of 20 analysts that use the data generated from our analytics software to further analyze each property.
Our Team performs benchmarking and underwriting analyses to provide opinions of value on real estate before we make a purchase. Analyses include reviewing municipal & HOA laws, construction budgets, embedded equity, home price appreciation models, and gross & net yields from cash flows. Once the property has been analyzed by the corporate team, it is sent to the local teams to validate.
Our local operation teams manage final underwriting, offer writing, contract negotiation, and transaction management. Underwriting integrity is preserved and locked into RENU Analytics. These teams are also able to provide significant off-market asset sale leads. The feedback we obtain from the local team rounds out the perfect real-time approach.
RENU is able to make the rehab and construction process efficient through the use of technology and leveraging our local relationships. Rehab oversight is performed at the Job site while further oversight and accountability measures are performed from the Corporate office.
Operations, Treasury, and Acquisition responsibilities are all managed at the Corporate office. The technology we implement provides transparency throughout all stages of the process.