Multifamily real estate professionals spend hours manually copying rent rolls and T12s into Excel. QuickData.ai automates this data entry—pulling information from offering memorandums straight into your existing underwriting models.
Here's what it does: extracts financial data from PDFs automatically. Upload a rent roll and watch it populate your Excel sheet (unit numbers, rents, lease terms—all there). T12 line items? Auto-categorized into the correct expense buckets. You can pull specific sections from offering memorandums directly into spreadsheets. QuickData.ai works as an Excel Add-In. One-click extraction. According to the company, underwriting time drops from 50 minutes to 15 minutes per deal.
Who benefits most? Acquisitions teams analyzing multiple properties. Brokers sending out underwriting models. Lenders reviewing loan packages. Small investors who can't afford a junior analyst to input data all day. Consider this scenario—you're screening ten properties but only have bandwidth to fully underwrite three. QuickData.ai lets you analyze five times more deals in the same timeframe.
There's one major catch though. Mac users can't use it. QuickData.ai only runs on Windows PCs right now. A Mac version is supposedly coming (no timeline available).
You get a 14-day free trial and 1:1 onboarding. QuickData.ai claims 800+ clients use it—saving 15 hours monthly. Already using the MFA financial model? Integration is built-in. You can also buy their advanced underwriting model separately if you need one.