The Relm Report.

Real Estate Investors

Find Out If You’re Buying a Winner — Or Your Worst Nightmare

Relm’s AI risk-diligence engine returns institutional-grade property research in under 30 minutes — every number sourced, every red flag surfaced — before you get too deep in the deal.

$49/month. Cancel anytime.

Custom built for first-time real estate investors, multifamily GPs, and syndication LPs.

The Relm workspace — a fully sourced property analysis with a 10-year pro forma.
Watch a full deal analyzed on Relm — every number sourced, every red flag surfaced.
[01] The stakes

The Math On Your First Deal Is Brutal

The seller’s broker spent 200 hours making this deal look good on paper

You’re going to spend a weekend with a spreadsheet and a YouTube video. That is not a fair fight, and the broker knows it.

Most first-time CRE investors lose money on deal one

Not because real estate is bad — because they couldn’t see the risk until they already owned it. Vacancy they didn’t model. Property taxes that reset. A cap-ex bomb the seller buried in the footnotes.

Mistakes can cost you $50k–$250k+ and a 5-year capital lockup

Mistakes on deal one can also cost you the next five deals you would’ve done if this one hadn’t broken your confidence or tied up your capital.

The asymmetry is obvious. A bad deal costs you six figures. Catching it costs you $49 with Relm.

[02] What you get

What You Get When You Run a Deal on Relm

AI Underwriting on Any Property

Upload the OM, get a 10-year pro forma with NOI, DSCR, cap rate, IRR, and cash-on-cash returns in under 30 minutes.

Independent underwriter: $1,500–$2,500 per dealIncluded

Source Audit

Every number traces to where it came from — OM page, county record, comp set. Defensible to your LPs.

Priceless when an investor asksIncluded

Market Context

Rent comps, demographics, employment, and supply pipeline — automatically pulled.

CoStar seat: $1,250/monthIncluded

Side-by-Side Comparison

Stack every deal you’re looking at and see which one to move forward with — and which ones to avoid like the plague.

Excel hell: 4 hoursIncluded

Bonus — First-Deal Diligence Checklist (PDF)

The 47-point checklist institutional acquisitions teams use before they wire. Worth the price by itself.

Worth $97Free with signup

Total value: $3,000+ per deal. Today: $49/month. Cancel any time.

[03] How it works

Three Steps. Thirty Minutes. Done.

01

Enter address and upload docs

Relm provides the data for a quick look. If you have documents about the property, Relm reads them.

02

Relm runs the financials

AI parses current market data, balances assumptions, and sources every number with where it came from.

03

Walk into the LOI — or walk away

Walk into the LOI with institutional-grade data. Or walk away from the deal. Either way, you didn’t guess.

Relm parsing market data and assembling a sourced pro forma.
From address to sourced pro forma in a single run.
[04] Built to be right

Built For Investors Who Can’t Afford To Be Wrong

Compare Relm Pro to

CapabilityRelm ProARGUS
Self-serve pricing
$49/mo
Annual contract
Multi-agent AI underwriting
18 agents
AI roadmap
Source citations on every number
All CRE property types
Deep internet research agents
10-year pro-forma
Agentic chat with edit proposals
Bidirectional Excel sync
Export
Document upload, OCR & parsing
Minutes to first analysis
< 10 min
Hours+

Sources: archer.re, trycactus.com, clik.ai/pricing, dealpath.com, altusgroup.com, yardi.com — public product pages, April 2026.

Relm is built by a team that’s analyzed $5B+ in CRE deals. We built the AI risk-diligence partner we wish we’d had on our first deal. Every number is sourced because we know your partners will ask.

[05] The guarantee

The Only Guarantee That Matters.

“Run your first deal on Relm. If we don’t surface risks you hadn’t already modeled, email me personally and I will refund every dollar you’ve ever paid — no questions, no forms, no support ticket.”

— Jackson Reiter, Co-Founder, Relm

Run Your First Deal

Cancel anytime. No contracts. No annual lock-in.

FAQ

The Questions Everyone Asks Before Signing Up.

Relm is built for all income-producing CRE of any size: from a 4+ unit multifamily or suburban mixed-use all the way up to a midtown tower. However, if you’re buying a duplex with an FHA loan, flipping single-family, or running an Airbnb portfolio, this product is not for you and we’d rather tell you now than take your money.

No. Every number provided on the Relm platform traces to a source — the OM page, a county record, a comp set. If we can’t source it, we don’t show it. You can audit every figure in two clicks.

Those are calculators. You input the numbers and they do arithmetic. Relm is a full AI analyst — it pulls real-time market data, reads the OM, parses the T-12, and guides you through assumptions so you know which deals to trust.

Argus costs $20K/year and is built for institutional analysts who already know what a refi waterfall is. Relm gives you 80% of the institutional output for 0.25% of the price, with the risk flags an analyst would write up for you.

Yes. Upload the sponsor’s PPM or OM and Relm will show you which assumptions to challenge before you wire your check.

Under 30 minutes for a standard multifamily property. Complex assets with messy T-12s can take longer. The idea is to give you the ability to analyze any property, regardless of the size.

Yes. Cancel anytime directly from your account. Deals move quickly, and we’re not in the business of adding friction, even during cancellation.

The Relm Pro platform is self-serve. For white-glove diligence on a specific deal with our team, we offer that separately — just click the “Relm Report” tab in the navigation bar above to schedule a call.

You’ll Either Run This Deal On Relm — Or On Hope.

$49/month. Cancel any time. The seller’s broker is already 200 hours ahead of you.