QuickData.ai

About QuickData.ai

Welcome to QuickData.ai, your new best friend in multifamily real estate underwriting! If you're tired of spending countless hours manually typing data from rent rolls, T12 statements, and offering memorandums into your Excel models, this tool is for you. QuickData.ai is a powerful, AI-powered Excel add-in designed specifically for commercial real estate professionals. It automates the tedious process of data extraction, pulling critical financial and unit-level information directly from your PDF and Excel documents and placing it neatly into your existing Excel underwriting templates. This means you can analyze potential deals in minutes instead of days. Built for acquisitions teams, brokers, lenders, and accounting firms, QuickData.ai's main mission is to save you time, eliminate costly manual errors, and help you evaluate more deals with confidence. Think of it as having a dedicated data assistant that works at lightning speed, right inside your familiar Excel environment.

Features of QuickData.ai

Automated Rent Roll Parsing

This core feature intelligently scans through complex rent roll documents. It automatically identifies and extracts detailed unit-level data such as unit numbers, square footage, bedroom/bathroom count, lease start and end dates, current rental rates, and tenant names. The AI is trained to understand various rent roll formats, saving you from the mind-numbing task of manual entry and copy-pasting, and ensuring all your unit economics are accurately captured in seconds.

T12 (Trailing 12-Month) Statement Extraction

QuickData.ai seamlessly parses income and expense data from T12 statements. It locates and pulls key line items like monthly rental income, utility reimbursements, operating expenses, and net operating income (NOI) directly from PDFs. This automation ensures that the historical financial performance of a property is transferred flawlessly into your model, providing a reliable foundation for your underwriting analysis without any transcription mistakes.

One-Click Excel Integration

The tool works as a native add-in within Microsoft Excel on PC. There's no need to switch between different software or learn a new platform. With a single click, you can process a document and watch as the extracted data populates your designated Excel cells. It integrates with your own custom underwriting models, preserving your formulas and structure while supercharging your data input process.

Multifamily Insights & Model Support

Beyond simple data entry, QuickData.ai provides access to a sophisticated Multifamily Excel Model and insights calculator. This helps you not only import data but also analyze it effectively. The tool supports your entire workflow, from initial data extraction to generating actionable insights, making you a more efficient and informed investor or analyst.

Use Cases of QuickData.ai

Accelerating Acquisitions Underwriting

Acquisitions teams can underwrite potential multifamily deals up to 10x faster. By automating the data entry from due diligence documents like rent rolls and T12s, analysts can spend more time on high-value analysis, market research, and building compelling investment cases, allowing them to move quickly on competitive deals.

Enhancing Broker Deal Preparation

Commercial real estate brokers can prepare offering memorandums and deal packages more efficiently. QuickData.ai allows for quick verification of property financials and unit data, enabling brokers to create accurate, data-rich proposals for their clients in a fraction of the usual time, improving their service and credibility.

Streamlining Lender Due Diligence

Lenders and debt providers can speed up their loan underwriting and approval processes. By automating the extraction of key financial metrics from borrower-submitted documents, they can perform faster, more consistent risk assessments, reduce processing bottlenecks, and make informed credit decisions more rapidly.

Supporting Accounting Firm Audits

Accounting and advisory firms serving real estate clients can use QuickData.ai to quickly gather and organize property financial data for audits, valuations, and portfolio reviews. This reduces manual labor for their staff, minimizes data entry errors in financial reports, and improves overall service efficiency.

Frequently Asked Questions

What file formats does QuickData.ai support?

QuickData.ai is designed to process the most common document types in real estate. It can extract data directly from PDF files (like scanned rent rolls and T12s) and also from Excel files. This ensures you can work with documents received from sellers, brokers, and property managers in their original format.

Do I need to change my existing Excel underwriting model?

Not at all! A major benefit of QuickData.ai is that it works with your current Excel models. The add-in inserts the extracted data directly into the cells you specify, respecting your existing formulas, formatting, and structure. You get to keep your trusted workflow while removing the slowest part of the process.

Is there a free trial available?

Yes, absolutely! QuickData.ai offers a full-featured 14-day free trial so you can experience the time savings firsthand. You can request the Excel add-in and start automating your data entry with no upfront commitment. The trial includes free 1:1 onboarding to help you get set up quickly.

How quickly can I start using QuickData.ai?

You can be up and running in just minutes. After installing the straightforward Excel add-in, you'll have access to the free 1:1 onboarding session to guide you through your first data extractions. The interface is intuitive, and you can begin processing your own deal documents almost immediately after setup.