A rental property finder is a dream tool for any beginner real estate investor who wants to find profitable investment opportunities quickly and easily.
Using the latest technologies and machine-learning algorithms, the programmers at Mashvisor have developed a tool that can find you the perfect rental property to purchase and start generating profits with a single click of a button.
Since rental properties are the most popular type of real estate investment among beginner real estate investors, it only made sense for technology to, eventually, take a form that addresses the challenges these investors face when searching for investment properties.
The rental property finder is the result of these challenges – a solution that can help beginner real estate investors make professional-grade investment decisions that are based on predictive analytics.
In this article, I will be talking about Mashvisor’s Rental Property Finder, how it works, and what you can use it for. By the end of this article, you should be able to see the value in using this tool as a beginner investor, and you will also find a link that allows you to gain 14 days of free access to it.
The Rental Property Finder: What Is It?
The rental property finder is a tool that can help beginner investors find rental properties for sale that match their search criteria and the investment outcomes that they are trying to achieve.
The tool does this with the use of revolutionary machine-learning algorithms, as well as predictive analytics.
To make it simpler to understand, the rental property finder is a computer program that can look at massive amounts of public raw data about each and every user, and it makes sense of this data to come up with solutions based on the patterns that other users have had.
By looking at the user’s public social, financial, and behavioral patterns that other investors have in common, the AI can then determine the best properties that you can invest in based on these patterns. These properties will generally be investment properties that show high potential for profits thanks to Mashvisor’s predictive analytics, which are used to analyze each listed property’s investment potential and calculate its projected returns based on the property’s historical data.
Of course, the AI sees all of this in the form of code and digits that can be quite difficult to understand. But, thanks to the machine-learning algorithms, the AI runs millions of simulations that are always being updated with every new piece of data that it receives, allowing it to keep learning and improving its predictions and results beyond human capabilities.
The Rental Property Finder: How Is It Used?
Since it’s designed for beginner investors, the rental property finder was designed around the concept of simplicity.
Instead of having tens of filters that can confuse beginner investors who have little experience with what each filter means for their investment, the rental property finder uses a minimal number of simple filters, allowing them to focus on making the big decisions, and leaving the little details for the AI to take care of.
Also Read: Finding Income Properties Using a Heatmap
When using the rental property finder tool, you will only find a couple of mandatory filters to set, as well as a couple of optional filters for further customization. These filters include:
Mandatory Filters:
- Location or city (you can choose up to 5 cities)
- Miles (doesn’t work with multiple cities)
- Budget
Optional Filters:
- Rental Strategy (Airbnb/Traditional)
- Number of Bedrooms
- Number of Bathrooms
Keep in mind that in addition to these filters, the AI will also look at your Mashvisor profile and the criteria you set there (financing method, real estate background, when are you looking to buy…etc.), as well as your use of the platform (the search feature, the property analysis pages, the rental property calculator, etc.). All of this data will also be used in order to find you suitable and profitable properties that you can purchase.
Also Read: Investment Property Calculator for Analyzing Real Estate Investments
Other features of the tool include the ability to save the properties that you like in order to view them later or dislike them to remove them from the suggestions list and replace them with other properties.
The rental property finder will also give you access to each suggested property’s analysis page and rental property calculator. This allows you to learn further details about each property and its return on investment and play around with the values to further increase their accuracy.
To start out your 14-day free trial with Mashvisor, click here.
Want to Use the Rental Property Finder?
The rental property finder is one of several tools that you will gain access to when subscribing to Mashvisor.
We at Mashvisor want to make investing in real estate accessible to every person who wants to tap into this industry and get their share from it. For this reason, Mashvisor’s vision is to become an all-purpose toolkit for real estate investors that allows beginner and experienced investors to compete evenly, while also providing them with easy access to real estate data that they can use to make wise investment decisions and reduce the risks.
Also Read: 6 Must-Have Real Estate Investment Tools
In its current form, the platform has a wide range of tools for real estate investors and real estate agents, with features that allow them to search for investment properties, analyze them, compare them, create custom reports, or connect investors and agents who want to work together.
Of course, as a fairly young, two-year-old company, encountering minor errors, bugs and glitches is inevitable. However, with the help of users and their feedback, the company has managed to fix most of the issues that they have encountered so far, and they always welcome any new feedback and challenges to keep them focused on improving the platform and providing the users with the tools that they deserve.
Final Thoughts and a Parting Gift
If you’re a beginner real estate investor, then the rental property finder is a tool that was designed especially for you, and it can help you make a successful first investment and start enjoying the rental income that your property is generating.
For this reason, we wanted you to have the chance to try this tool out and let us know what you think! Perhaps you will use this 14-Days Free Trial offer to find your first investment property.