We use AE for budgeting and valuations. It's a pretty robust software.

Pros

It has a lot of functionality and creates synergy between cash flow/budgeting and understanding building values. Some aspects are clunky and require work-arounds, but all in all it's very useful and has some great report features.

Cons

Some of the user interface is complicated and rigid. For example, having a default to copy down & across rather than single value for expense entry causes many mistakes. It also is difficult to use percentage rent because rather than building up to a breakpoint based on a lease year, it divides the breakpoint by 12 and applies it to monthly sales. These are a just a couple examples of places that could be more user-friendly.

Great product for underwriting

Pros

We use this product to create rent rolls and cash flows for commercial properties in order to present them to potential lenders. It is easy to use, has great service when help is needed, and does everything we need it to in our line of work.

Cons

You have to remember to save the file as you go, or you will lost everything if there is a glitch or you accidentally close out. It would also be nice if there was an undo button without going back to the last save.

Argus Sucks

Argus is costly, very cumbersome to use, not the friendliest of the tools out there in the market place

Good for what we need but could improve

Keeping track of properties we are financing

Pros

Customer service is terrific and the software is great for tracking tons of information on properties we finance. It is pretty easy to use and the training is great.

Cons

Properties do not stay with the software, so if you login from another computer, your work is not there. You have to upload from a file. This is really time consuming and seems unnecessary if we're using the same login.

Administrator of the tool

Pros

I administered Argus and it is a good tool for real estate management.

Cons

Not much, has a lot of data, just need to get used to tool navigation.