Browsing Loopnet and typing into Excel (or writing in your notebook) side-by-side are a thing of the past. You no longer need to do as much manual work while looking for commercial real estate.
Surf Loopnet's Property Listings and Property Descriptions pages, and CREBake will detect when there's enough useful information to calculate important commercial real estate metrics. If there is, a button appears so you can get a quick result and save to a spreadsheet for further research.
Every commercial real estate investor is different. You might have more money for a down payment, you might have less. You might have a bank that loves to work with you and allows a lower Debt Service Coverage Ratio (DSCR). You may need a higher Net Operating Income (NOI) to support your family.
Whatever you need, fill it in to start the process. Current settings include:
As you search, you will see CREBake's "Check Metrics" button pop up. It appears where there's enough information to calculate some metrics.
You'll get a quick checkmark if the Loopnet commercial real estate listing fits. Calculations include:
Of course, this may not be all the info you need, so you can then click into the Loopnet listing description to learn more and save the information.
Many real estate investors will do a quick review and then go back later. With CREBake, you've already done your first review. Now you can save the information and discuss it with your team as you prepare to reach out to the broker.
CREBake detects, calculates, and saves the following information:
If you like, you can download the properties you've reviewed and share them with your team.
Thank you for joining the CREBake beta! We will be in touch with a link for the CREBake Chrome Extension for LoopNet soon.
If you want to say hello and share how we can help you find commercial real estate properties faster, please reach out!