As you sit down to make your real estate plans for the new year, you can’t help but think back to last year’s missed opportunities.
But this year, you’re determined to make it bigger and better. You start researching the best tools to help you reach your goals, and that’s when you come across Mashvisor.
But is it the best tool out there to help you find profitable properties and hit your goals?
Time to dig in and find out in our Mashvisor review 2023, where we’ll be taking a closer look at its features, pricing, pros, and cons.
About Mashisor
Mashvisor is an online property analytics and research platform that sources information from thousands of properties across the United States. Whether you’re a beginner or a full-time investor, the platform offers a streamlined experience for all.
The platform also includes a property marketplace where you can find information about off-market properties. Each listing on the platform comes with a comprehensive property report that includes all relevant data about the property.
The search function allows you to easily identify profitable investment properties and determine their profitability using the investment property calculator. You can also contact property managers or owners directly for more information.
Features of Mashisor
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Heatmap
Mashvisor’s Real Estate Heatmap helps you to easily identify profitable investment properties in the city or neighborhood of your choice.
This feature is a map that displays available properties as pins, and you can switch between traditional, Airbnb, and investment properties at any time. It’s a valuable tool for your initial investment property search that’s simple to use.
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Search Filters
You can use Mashvisor’s Property Finder to filter properties according to your specific criteria. This feature allows you to filter properties by financial criteria and by the year they were built, the number of bathrooms and bedrooms, property type, and property status. This can save you significant time compared to manually searching through thousands of properties.
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Request Custom Data
You can tailor your investment options to fit your specific needs. Whether you’re interested in individual or institutional investing, our platform allows you to select your preferred option and request more detailed information to help you make informed decisions.
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Property Analytics
You can use the Heatmap tool to identify potential properties to invest in. After finding a few properties that meet your criteria, the next step is to analyze their potential for return on investment (ROI). You can do this easily by zooming in on the map and clicking on the properties to view their details.
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Rental Strategy
Mashvisor’s Rental Strategy tab helps you evaluate the potential income of a property as a rental. The tab will provide the best rental strategy for a specific property and break down the costs of purchasing the property, including recurring bills and one-time start-up expenses.
How Much Does Mashvisor Cost?
Mashvisor offers different packages to cater to various investors’ needs. You can choose from Lite, Standard, and Professional packages.
The Lite package costs $17.99 per month and is billed annually. It allows you to analyze traditional and Airbnb investment properties based on rental comps. The Standard package costs $49.99 per month and is billed annually.
It helps you research and find profitable investment properties, neighborhoods, and cities that match your financial goals and expenses. The Professional package costs $74.99 per month and is billed annually.
It is tailored for full-time investors and real estate agents, enabling you to analyze large data sets and apply multifamily or foreclosure filters to your property search.
Pros and Cons of Mashvisor
Pros
- Quickly view neighborhood statistics by hovering over them
- Includes data and analysis for both traditional and Airbnb rentals
- Offers structured membership packages
- Provides filtering criteria tailored for real estate investors
- User-friendly interface
Cons
- Free alternatives available
- No option for monthly billing
Mashvisor Alternatives
When it comes to finding the perfect real estate investment platform, Mashvisor is definitely a great option. However, it’s always good to have a few alternatives up your sleeve.
For example, Arrived Homes is a great choice for those looking for a platform that specializes in turnkey rental properties. On the other hand, Fundrise is a popular choice for those looking to invest in commercial and residential real estate through an eREIT.
And, if you’re looking for a more hands-on approach to real estate investing, National Realty Partners might be the perfect fit for you.
These alternatives offer a different approach to real estate investing, so it’s worth taking a closer look to see which one aligns with your goals.
Who Is Mashivor Best For?
As an investor, you may have heard of the real estate analytics platform Mashvisor. One of the main criticisms of the service is that some of its features, such as MLS access, can be found for free on other platforms.
However, Mashvisor offers a convenient one-stop shop for all your property research needs, including predictive analytics, property browsing, and ROI calculations.
If you’re looking for a streamlined way to identify potential investment properties, Mashvisor’s seven-day free trial may be worth checking out.
Interesting Related Article: “Is Real Estate Still a Good Investment, or is it Too Late?“