HomeRun IQ

HomeRun IQ develops a cloud-based property assessment platform used by engineering firms and reserve specialists to produce reserve studies, Structural Integrity Reserve Studies (SIRS) and property condition assessments (PCAs) for multi-unit residential properties. The product covers the full assessment workflow: field data capture, report building and branding, financial modeling of funding plans, and client delivery. A mobile application lets inspectors take and annotate photos, tag images to properties or components with GPS location, add components from a shared component database, and record property-wide observations; it operates fully offline on phones and tablets and syncs when connectivity returns.

In the office, the platform generates fully customizable, branded report templates in which a single data change propagates across tables, charts and templates. It supports standard industry funding methods, including pooled/cash-flow, straight-line (component method) and threshold funding, and allows users to compare up to eight funding plans side by side. Other capabilities include a centralized component cost database shared across projects, phased component activities and separate schedules, bulk photo mapping and caption editing from a central workspace, a spreadsheet-style matrix of projected expenditures by year, team roles and access controls, built-in progress tracking, and real-time editing during client meetings with shareable digital studies that clients, property managers and board members can access. Built-in guidance, state-specific baseline calculations and sample reports address local regulatory requirements, including Florida SIRS and SB 4-D compliance.

The company positions the platform as an alternative to Word and Excel workflows and rigid legacy software, claiming reports can be produced up to five times faster than with conventional software.

Business model

HomeRun IQ sells software to professional services firms that perform property assessments, with a master subscription agreement governing platform use. Onboarding is delivered as a white-glove implementation that includes live working sessions, hands-on training, configuration of templates, branding and workflows to the firm's methodologies, data migration support from existing systems, and ongoing support. Platform access is offered from any computer with no stated limits on users or devices.

Traction

The company states its platform supports engineers evaluating properties across nearly every state. Published customer testimonials report increases in daily report output from 2-3 to 10-15 per day, a 20% reduction in labor hours per study alongside 80% first-year net revenue growth at Epic Forensics & Engineering, and fee improvements of 30-40% attributed to built-in templating at Charles Taylor.

Latest developments

A mobile application for field data capture is flagged as new: it allows photo capture and annotation, component additions from the organization's component database, GPS tagging, and property-wide observations, and works fully offline with automatic syncing into the study.