Waterloo-based IPCOnline is an online property investment tool launched today.
The Canadian startup delivers cloud-based real estate analysis software. In essence, it’s a re-invention of your standard investment property calculator. Investors, real estate agents, and mortgage brokers can use the tool from anywhere to analyze unlimited properties.
IPCOnline was founded by Darryl Kraemer, who holds an MBA from Wilfrid Laurier University and a Bachelor of Mathematics from the University of Waterloo. While working in several technology and management roles, Kraemer says he started investing in real estate and became the president of two real estate investment companies, The Opes Group and Ivy Parker Group.
“I’ve spent the last 15 months developing IPCOnline as I saw a need for an easy to use tool that the investor, real estate agent, or mortgage broker can use,” explains Kraemer. “It enables them to quickly analyze, compare and export detailed property analysis reports. IPCOnline takes the pain out of analyzing a property by hand or with Excel.”
Once a user enters the property information in four steps, IPCOnline analyzes and ranks the properties based on an algorithm. IPCRank ranks each property so that investors can identify the best investment. A 20-year overview includes financial ratios to help investors make better offers and increase overall returns. The tool also provides a detailed report ready for the bank or mortgage broker, according to Kraemer.
The company is offering a free 30-day trial and 15% off a paid subscription today only.