About REL

About REL

Real Estate Lab's founder, David Toupin, started investing in real estate at 19 years old, and successfully acquired more than $150M in multifamily real estate assets before the age of 30.

David noticed how much time underwriting took away from his ability to find and close deals, so he created his own analysis tool using MS Excel - a tool that quickly became one of the most widely used underwriting tools in the multifamily industry.

​Building from that original Excel template, David founded Real Estate Lab in 2020, and along with co-founders Alex Rits and Stephen Nagrant, REL works to develop the best acquisition and underwriting solutions in the real estate investing industry.​

Real Estate Lab
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Meet Our Team

David Toupin Real Estate Lab
David Toupin
Chief Executive Officer
& Founder
Stephen Nagrant Real Estate Lab
Stephen Nagrant
Chief Marketing Officer
& Co-Founder
Alex Rits Real Estate Lab
Alex Rits
Sales Director
& Co-Founder
 Brandon Pack Real Estate Lab
Brandon Pack
Sales Manager
Cynthia Dzwigalski Real Estate Lab
Cynthia Dzwigalski
Content Manager
Shaheen Georgee Real Estate Lab
Shaheen Georgee
Lead Developer
‍Vault R&D
David Toupin Real Estate Lab
David Toupin
Chief Executive Officer
& Founder
Stephen Nagrant Real Estate Lab
Stephen Nagrant
Chief Marketing Officer
& Co-Founder
Alex Rits Real Estate Lab
Alex Rits
Sales Director
& Co-Founder
 Brandon Pack Real Estate Lab
Brandon Pack
Sales Manager
Cynthia Dzwigalski Real Estate Lab
Cynthia Dzwigalski
Content Manager
Shaheen Georgee Real Estate Lab
Shaheen Georgee
Lead Developer
Vault R&D
David Toupin Real Estate Lab
David Toupin
Chief Executive Officer
& Founder
Stephen Nagrant Real Estate Lab
Stephen Nagrant
Chief Marketing Officer
& Co-Founder
Alex Rits Real Estate Lab
Alex Rits
Sales Director
& Co-Founder
 Brandon Pack Real Estate Lab
Brandon Pack
Sales Manager
Cynthia Dzwigalski Real Estate Lab
Cynthia Dzwigalski
Content Manager
Shaheen Georgee Real Estate Lab
Shaheen Georgee
Lead Developer /
Vault R&D
Developed By Investors, For Investors

Premium Tools Built On The Job

Real Estate Lab began with a spreadsheet deal analyzer that became one of the most popular tools  throughout the multifamily industry.

Over the last decade, REL developed into a comprehensive platform for real estate investors, institutions, syndicators, and brokers to upgrade the quality and accuracy of their deal analysis, streamline processes, and maximize portfolios.

Key Features

  • Industry-Leading Deal Analyzer
  • Intuitive Workspace & Pipeline Management
  • Automated Underwriting with Financial Data Parsing
  • Cloud File Storage & Secure Deal Sharing
  • AI-Powered Rent Comps & Market Data
  • Letter of Intent (LOI) Generator
  • Task Management System
  • Team Collaboration Tools

Real Estate Lab began with a spreadsheet deal analyzer that became one of the most popular tools  throughout the multifamily industry.

Over the last decade, REL has developed into a comprehensive platform for real estate investors, institutions, syndicators, brokers, underwriters, and analysts to upgrade the quality and accuracy of their deal analysis, streamline processes, and maximize portfolios.


Key Features

  • Industry-Leading Deal Analyzer
  • Intuitive Workspace & Pipeline Management
  • Automated Underwriting with Financial Data Parsing
  • Cloud File Storage & Secure Deal Sharing
  • AI-Powered Rent Comps & Market Data
  • Letter of Intent (LOI) Generator
  • Task Management System
  • Team Collaboration Tools
Upgrade Your Multifamily Business

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Multifamily management software
Analyze Real Estate Deals
Best Practice Tools for Real Estate Investors
Underwriting Multifamily Templates
Rent Roll Pro Forma Spreadsheet
Multifamily financial modeling
Multifamily Real Estate Investing
Evaluate and Close More Deals
Multifamily Rent Comps
Real Estate Deal Analyzer
Import Excel Spreadsheets
Automated Underwriting Software
Rent Roll Pro Forma