Real estate investing is a time-consuming process that requires a large amount of effort and knowledge to find success.
But there is a tool out there that makes real estate investing more seamless than ever before. Mashvisor is an all-purpose real estate digital workbench for all of your real estate investing needs. Whether you’re trying to find, analyze, or compare investment properties, Mashvisor can help you do that and much more.
So, how can you use Mashvisor for your real estate investment needs? Let’s find out.
Real Estate Investing: Investment Property Search
The first and most important part of real estate investing is the process of finding an investment property. Finding an investment property is not as simple as just driving around and finding the first “For Sale” sign in front of a house. The process is more complicated, and it requires a lot of consideration and planning before you even begin looking for an investment property.
There are several aspects that will affect your property search, such as the location of the property, its type, its price, its history, and a number of other factors that you need to take into consideration in order to decide where to start searching and what kind of property you’re searching for.
Using Mashvisor to find an investment property will only make the process of real estate investing easier by providing you with an accessible and straightforward way to access a large number of investment properties all around the US, in addition to a number of options that allow you to modify and personalize your property search based on your investment criteria and personal preference.
The Mashvisor investment property finder platform comes with a complete set of tools and options designed to help real estate investors, both experienced and beginner, to make their search for investment properties more seamless than ever before.
Using this real estate investing tool, you can look for specific properties in specific areas and neighborhoods based on values related to the property’s type, profitability, age, and a number of other metrics, and you will be able to filter out any properties that do not meet your investment criteria, budget, or desired cap rate and cash on cash return.
Additionally, the real estate investing tool allows you to search for an investment property on two levels: city-level and neighborhood level. The city level will show you the different neighborhoods within the city and the number of investment properties there are within each neighborhood, while the neighborhood level will directly show you the investment properties that are within this neighborhood. This will save you a lot of time and effort for the first step in your real estate investing venture. But it does not stop here, and there is a lot more to the platform than that.
Related: Finding an Investment Property: Traditional vs. Mashvisor
Real Estate Investing: Investment Property Analytics
After deciding on an area to invest in, and after deciding on a few investment properties that meet your real estate investing criteria, it is time to analyze your property choices and decide on the best course of action to take from there on.
Clicking on any property on the platform will take you to the property analytics page, which gives you a large amount of quantitative and qualitative data related to the property such as its cap rate, cash on cash return, cash flow, occupancy rate, median price, and other information that you will need in order to make your real estate investing decisions.
Related: How to Perform a Real Estate Market Analysis
Mashvisor does not only provide you with the property’s data for a single rental strategy, but it also allows you to switch between Airbnb and traditional rental strategy in order to decide which rental strategy is most suitable for your investment preference and for the property of your choice.
On the property analytics page, you will be able to view the property’s profitability if it were rented out traditionally or through Airbnb, depending on the area that you’re investing in; one of the two rental strategies might be a much better choice than the other.
But, there is still more.
Real Estate Investing: Investment Property Comps
After looking at the property analytics for a number of investment properties in your area of search, it is time to pick the one that is most suitable for your real estate investing purposes.
Since Mashvisor provides you with a complete set of property analytics for your property of choice, you can easily obtain analytics for a number of different properties and compare them in order to determine the one that meets your investment criteria the most.
Keep in mind that Mashvisor’s data is comp based, meaning that the different values that are shown on our platform related to the different properties’ profitability and calculations are all based on data comps, and the averages of each area are determined by the data of all other similar investment properties within that area. This allows you to easily get an idea of each property’s viability based on its value in comparison to the area’s averages, and comparing different investment properties will be much easier when you take into account how their values compares to the area’s averages.
Additionally, you can easily compare different investment properties by exporting the properties’ reports and printing them out in an easy-to-read PDF format, sharing them with a friend, a family member, or your real estate agent in order to get help in comparing and determining the best choice for your investment.
Related: Everything to Know About Real Estate Comps and How to Find Them
Real estate investing has never been easier than with the use of Mashvisor. The process which would otherwise take you weeks or even months to find, analyze, and compare different properties and choose one for your real estate investing needs now only requires a few hours or a few days of search from the comfort of your own home or office, and your next successful investment property might only be a mouse-click away.
Looking to increase your chances and compete more efficiently in the real estate market? Make sure to sign up for Mashvisor and take advantage of our platform in order to gain an advantage over the other real estate investors out there.