Argus / life science
Hello. I’ve been doing housing for the past 4-5 years. Not much experience in Argus. I have an opportunity to do life sciences. To my understanding this underwrites similar to office but bigger dollars. What is the quickest way to ramp up and learn Argus? Would also appreciate any advice on life sciences too.
Argus generally straightforward, just a little clunky and takes some time to get familiar with. I did the week long bootcamp that was sponsored by my university RE society. I’ve also had some friends do the Argus course through UCLA Extension.
I’ve done the 2 day course, it’s a waste.
IMO best way to learn it is to find someone who knows it super well to sit down with you for a few hours. And then reps obviously.
The better I get at Argus the less I use the Argus features.
All I need is rent roll, market leasing assumptions, and expenses. Those are your 3 input sections you need in Argus. Maybe a custom CAM recovery set up if needed.
All other stuff in Argus is disappointing in how convoluted it is.
Also the top half is reports, and the bottom half of your screen are inputs. The UI can be a bit confusing at first.
F3 my boy
It’s tedious but read the ARGUS Enterprise manual. It’ll have mock exercises for you as well. It’ll run you through the basics, then after that, mock properties to get granular experience
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