Finding real estate deals that match your investment goals is the most critical part of real estate investing. In fact, the only way to generate a return on investment in the US housing market is by zeroing-in on an income property that can yield a decent cash flow. So what is the most effective approach to find investment properties in 2020? And what is the best real estate investment tool for searching and finding good real estate deals? Keep reading as we answer these questions and show you how you can use the investment property deal finder to find the most profitable investment in a matter of minutes.
Introducing the Investment Property Deal Finder
Mashvisor’s investment property deal finder is one of the top property search tools for investors on the market. It boasts a wide array of unique features and it is specifically designed to accommodate each real estate investor’s needs and preferences. Needless to say, a personalized property search is the key to finding investment properties that fit your objectives. The rental property finder tool achieves its accurate results thanks to several features, namely its filters, multiple cities search, and advanced AI. Let’s take a closer look at these three aspects.
1- The property search filters
An accurate set of filters is what allows real estate investors to narrow the scope of the search down to their exact preferences. Unlike the majority of search tools on the market, the investment property deal finder is equipped with filters that are just as effective as they are intuitive. In fact, using the tool will allow you to focus the search on all the essential aspects of the income property. This includes the type of real estate property, optimal rental strategies, the listing price, and the location.
2- Multiple cities search
Savvy real estate investors often extend their investment property search beyond their local housing market. After all, good real estate deals can be found across the country and there is no reason to limit oneself to one area. With that being said, the process of conducting multiple searches in various locations can become monotonous fairly quickly. This is where the investment property deal finder comes in. Thanks to its multiple cities search feature, you will be able to find investment properties in up to five cities at once. This saves you a tremendous amount of time and effort and enables you to focus on more critical tasks.
3- The AI
The cutting edge AI technology is without a doubt the biggest selling point of the investment property deal finder. Thanks to highly advanced machine-learning algorithms, the AI will quickly sift through the MLS and other sources to find investment properties that are perfectly suited to your needs and expectations. The AI goes a step further by taking a wide range of variables and patterns into consideration. In fact, the behavioral, social, and financial patterns of the users are factored in when presenting each real estate investor with the results. Not only do the investment properties match the user’s preferences, but they are also the top-performing properties in the locations selected- the best real estate deals you can find.
After going over the main features of the investment property deal finder, let’s now delve into how to find investment properties using it.
How to Find Investment Properties with the Property Finder Tool
One of the best things about the investment property deal finder is its simple interface. In fact, novice users with no technical prerequisites can start personalizing their real estate property search with a click of a button. Below is a detailed look at how the process works.
Sign up to Mashvisor now for free and follow the steps below to find the best investment property deals.
1- Picking a location
The first step of every search is choosing a location. When using the investment property deal finder, you simply need to input the name of the city you’re planning to invest in and let the AI handle the rest for you. Moreover, you can get even more precise results by limiting the radius of the search within a specific range.
Related: How to Identify the Best Places to Invest in Real Estate
2- Specifying a budget
After picking a location, the next step is specifying an investment budget. Picking a budget enables you to swiftly eliminate all the investment properties that are not within your ideal price range. This includes both properties that are above your budget limit and those that are below your baseline minimum.
3- Picking a rental strategy
Specifying which rental strategy you would like to implement dictates the types of listings you get. While the default setting allows for all rental strategies, you have the option of limiting the search to either the best Airbnb investment property deals or the best traditional investment property deals.
Related: A Guide to Choosing the Best Rental Property Strategy: Airbnb vs Traditional
4- Choosing the type of investment property
The property type is another filter that makes the search process much more convenient for users. The investment property deal finder offers you a wide selection of properties that include single family residential, multi family home, condo/coop, and other. Additionally, you can also input the number of bedrooms and bathrooms that you would like to have in the income property.
Related: What Is the Best Type of Investment Property in the Real Estate Market?
5- Comparing the results and making your decision
After inputting all the relevant information and applying your preferred filters, the AI will generate listings that fit your criteria and have the highest return on investment. Moreover, each listing comes with several profit metrics such as cash on cash return. The real estate data that comes with each property will give you a good idea of what to expect from each investment. But if you want a more detailed look at metrics like cap rate, rental income, cash flow, and rental occupancy rate, you can easily access an interactive investment property calculator by simply clicking on a listing of your choice.
The Bottom Line
Given its simplicity and effectiveness, Mashvisor’s investment property deal finder should be the go-to option for any real estate investor. Using this advanced tool is the most convenient way to take your real estate investing to the next level. To learn more about the property finder and what it can do for you, click here.