In the marketing industry, one of the most important factors for real estate investors to consider is whether a specific property or group of properties qualifies as a bargain.
This is true for wholesale real estate investors who are actively participating in the market.
In the real estate market, there are a variety of tools available to help real estate investors not only with market research and finding the best deals but also with certain marketing tasks.
PropStream real estate software is one such tool for real estate investors.
Though is it worth the hype? Learn in this review.
But before that…
Propstream is a real estate investing program.
Like most real estate investing training courses, you’ll likely be exposed to the “Big 3” investing types:
- Long-term buy-and-hold
Regardless of which path you go down, there is a lot of potential with real estate investing.
After all, it’s the world’s oldest wealth-builder.
However, before you leave this Propstream review and go sign up, you might want to ask yourself:
“Is now the right time for me to get into real estate investing?”
Because, no matter which way you slice it, real estate investing is extremely capital intensive, labor intensive, or both.
So if you’ve only got an hour or two a day, or your savings account is a few zeroes lighter than you’re comfortable with, this might not be the best time for you to jump into real estate investing.
But that doesn’t mean you’re out of luck. It just means you need a system to free up more time and give yourself a stronger financial cushion.
A good way to get yourself there is with Digital Real Estate.
Digital Real Estate takes all the best parts of real estate investing, while eliminating most of the headaches:
- Low cashflow
- Interest payments
- High overhead
- Expensive repairs and maintenance
- Problematic tenants
And the best part?
Digital Real Estate allows you to build a passive income stream that’s actually passive!
An income stream that brings in consistent revenues every single month (from a couple thousand dollars to well over $10,000).
An income stream you could actually build in your spare time, and grow as large or as small as you want to, without having to spend hours a day analyzing deals, cold-calling homeowners, or dealing with contractors.
If that sounds like something you’d be interested in, check out Digital Real Estate.
This is the perfect first step to build recurring income that you can then use to start investing in real estate down the line.
However, if you’d still like to know more about Propstream, keep reading.
What Is PropStream Good For?
Propstream may be for you if you’ve been looking for real estate investing software to help you grow your house flipping, wholesaling, brokerage, or investing business.
Propstream is a useful tool for property managers who want to maximize profits for their clients.
PropStream real estate software has received a lot of attention from investors in recent months, and it has quickly become one of the most popular tools for both virtual real estate investors and local property experts.
What Is PropStream Real Estate Investing Software?
PropStream has many features that cater to the needs of real estate investors, brokers, and agents who need to study and evaluate massive amounts of market property data and market based on this knowledge.
It is safe to assume that 80 percent of the features provide market data to investors, while the remaining 20 percent provides marketing tools such as postcards, email campaigns, website landing pages, and voice mail campaigns.
While at first sight, it seems to benefit investors, real estate brokers, and real estate agents equally, it is believed to help real estate investors somewhat more.
Features Of The Propstream Real Estate Software
Comprehensive Nationwide Data
Making sound decisions necessitates the availability of pertinent information.
PropStream’s nationwide property search data is compiled from county registries, MLS records, and private data sources, giving you access to the most comprehensive and up-to-date database of over 153 million properties.
Search for almost any property address throughout the nation to get the information you need.
PropStream provides comprehensive information such as Ownership Information, Details on Property, Mortgage History, Tax Information, MLS Details, neighboring Comps, and much more.
PropStream allows you to search for a property by address, assessor parcel number (APN), or map geolocation:
- Search By Specific Property Address
- Search by County, City, or Zip Code
- APN Search
- Drawing Features
- Parcel Lines
- Map-Based Search
Generate Target Leads
PropStream allows you to generate targeted leads and marketing lists in real time by combining any of 120+ property search criteria and statuses.
One of the benefits of Propstream is the ability to select a property and search sales records for cash buyers.
Accurate Comps To Evaluate Properties
Accurate comparable sales (comps) are required to determine a property’s true value.
PropStream provides up-to-date comps from public records and local MLSs to help you get the most recent and accurate comp value. Nothing should be taken by chance.
You can pinpoint specific neighborhoods and compare properties using PropStream’s enhanced filters and drawing tools, such as:
- County Recordings
- MLS Comps
- Drawing Tools
- Average Days on Market (DOM)
- Flip Comps
- Neighbor Information
- Comps Reports
- Layout Management
Contact Property Owners
PropStream makes it easy to contact the property owner directly, allowing you to close more deals faster.
The built-in Skip Tracing function provides homeowner phone numbers and emails for quick and easy communication.
Do you enjoy sending postcards? They have your back. Their accurate owner mailing addresses, as well as their built-in postcard function, allow you to quickly reach out to your prospects.
Automate Your Leads With List Automator
It takes time to manage your lead lists. Furthermore, marketing to out-of-date leads can be costly.
PropStream’s List Automator feature handles the tedious work for you.
Automation ensures that your lists are cleansed for accuracy, saving you time and money so you can focus on closing sales.
List Automator will automatically add new leads that meet your search parameters while deleting leads that no longer do, ensuring the accuracy and currency of your list.
Do you have an outdated list that needs to be improved?
PropStream will add the most up-to-date information to lists you received from other services.
Simply import your lists, and PropStream will automatically update your lists with the most recent information on a daily basis.
PropStream’s built-in Marketing tool allows you to quickly connect with owners and generate investment-ready leads.
You may use built-in postcard generators, email systems, and other tools to target your lists.
Build Your Team
Having a team enables you to accomplish more in less time. PropStream allows you to add Team Members to assist you with daily tasks such as creating lists, assessing properties, running comps, and more.
A Team Member may be anybody such as a coworker or a virtual assistant (VA).
Once you’ve added a Team Member, you may restrict their access to just what you want them to see. PropStream allows you to communicate with your team by enabling you to do the following:
- Add Team Members
- Add Scouts
- Set Permissions
- Access Mobile
- Assign Properties
- Add Status Tags
Estimate Rehab Costs
Is calculating rehab costs on a potential property intimidating?
The PropStream Rehab Estimator tool removes the guesswork and simplifies the process, all while assisting you in better understanding the project before purchasing it.
Simply choose a project category (bathroom, kitchen, etc.), type of project, and material quality, and the Rehab Estimator will provide you with projected labor and material costs for that area.
Property Deal Analyzer
The Property Deal Analyzer tool is for you if you want detailed information on the transaction and investment process of a specific deal.
It aids in the computation of the following transaction figures:
- Amount of mortgage
- Purchase price in total
- Property expenses
- Rental income forecast
- Mortgage analysis in-depth
- Cash Flow
- Tax and deductions
It also provides a market summary of local rental price trends, neighboring property sales prices, popular house features and trends, and overall market performance in your preferred area.
Propstream Expands Into Mobile
Consider the convenience of having all of your real estate information in the palm of your hand. You can now use your phone or tablet to access the power of PropStream while out in the field or driving for money.
Get all of the same great features, such as Property Details, Owner Contact Information, and Comps, or simply set the app to Drive and let PropStream Mobile handle everything.
Find a property while driving – use your phone to perform a Skip Trace and send a Postcard. You may use the PropStream mobile app to access:
- Address Search
- Configure Features & Drive
- Google Maps
- Session Capturing
- Drive History
- Homeowner Skip Tracing
- Integrated Marketing
The PropStream Pricing: How Much Does PropStream Cost?
PopStream pricing is, unfortunately, not readily available. PropStream pricing is only available if you sign up for the 7-day free trial.
After you sign up, you must also provide your payment information so that you will be charged automatically when the 7-day free trial period ends.
You may, of course, terminate the trial before it expires.
There is just one monthly membership option available, which costs $99 for every 10,000 stored properties.
The Propstream pricing for a monthly subscription includes the following items:
- The seven-day free trial
- Property search on a national scale (up to 10,000 monthly property data exports)
- Unlimited property searches
- Marketing aids
- Targeted Property Lists
- The Rehab Estimator
- Instant Comparables
- The Property Deal Analyzer
PropStream Review: Conclusion
So, will PropStream benefit your real estate investing business?
That depends on the circumstances.
If you’re a new real estate investor, having the ability to get fresh seller leads before your competitor, run your own comparisons, and perform critical calculations in the program may help you grow your book of business.
This platform is intended for both novice and experienced investors. If you are a real estate investor who buys and sells homes across the country, this real estate tool will come in handy.
An exact rehab calculation, integrated skip tracking tools, ringless voicemails, and many other features stand out. Any serious investor should have this real estate tool in their arsenal.
Is Propstream A Scam?
So, is Propstream a scam? Not technically. You can make money with this program, but it’s definitely not as easy as Gurus makes it sound.
There’s a ton of work to be done upfront, no real guarantee of success, and – most importantly – the actual profit margins on real estate investments are pretty small.
Now, there’s nothing wrong with front-loading the work and making the money later.
But if you’re grinding it out for 3 months – looking at deals, sending out offers, negotiating with the seller and lender to buy a rental property – and then your reward is like $100 a month in profits, it’s not really worth it.
What if, instead, you could do that same 3 months of work (in your spare time), and your reward was a $500 to $2,000 payment that came in every single month (with a 90-95% profit margin)?
And what if you actually didn’t need to wait 3 months? What if you could get started today and have your first payment in a week?
And what if you could double it next week?
Well, that’s the power of Digital Real Estate.
And, unlike traditional real estate, you can legitimately do this from anywhere. It’s a true lifestyle business.
Your laptop and an internet connection is all you need.
Some of the most successful students in this program run their entire 6-figure businesses from:
- A camper in the middle of the woods
- A beach chair on the water in Mexico
- A small villa in Greece
They’re able to travel around, living their lives first, and focusing on their income second.
Because even if they stop working for an extended period of time, the money keeps coming in.
So adventure, memories, and experience are the top priority.
And they never have to worry about how to pay for the next trip, or consider asking for time off.
If this sounds more like the type of life you want to lead, just click here to find out more about Digital Real Estate.
Are There Alternatives To Propstream?
Yes, there are plenty of other business models to choose from if you want to pursue this making money online. Here are just a few:
What Is My Top Recommendation In Making Money Online In 2022?
Our review team has spent months researching, reviewing, and vetting dozens of business models and thousands of programs.
While there may be no “perfect business”, the research IS conclusive:
Whether you’ve never made a dollar online, or you’ve been in this space for a while but never really “made it,” Digital Real Estate is for you.
1) It’s Flexible: got an hour a day? You can do this. Ready to drop everything else and dive in full time? You can do this. Yes, the more time you put in, the faster you see results. But even with a little time each day, you can move the needle in a Digital Real Estate business.
And because this system is so flexible, you don’t have to constantly be working to make more money. It’s called PASSIVE INCOME because if you stop working, the money doesn’t.
Imagine taking 3 months off to just tour around Europe, rent a cabin in the woods to write a book, hike the Appalachian Trail, or live on the beach and surf all day.
This is only possible if you have an income stream that’s not tied to your time.
Flipping and wholesaling are full-time jobs (and more), no matter what any real estate guru tells you. You always have to be searching for deals, because if you stop, so does the money.
2) You Own & Control EVERYTHING: Yes, in traditional real estate you kind of “own” the properties. But there’s also a ton of debt tied to most real estate investments, which means the property isn’t truly yours.
A lender can take it away if you miss a payment. Not to mention, loan payments really impact your profit margins.
With Digital Real Estate, you own the assets outright (with a 90-95% profit margin), which means you have all the power and all the control.
3) Little To No Startup Costs: It’s possible to get into Digital Real Estate with zero dollars upfront. Because, using the strategies outlined in this program, you can get a client to pay you BEFORE spending a penny out of your own pocket…even before you do any work.
Even without getting paid in advance, you can have your first Digital Rental Property up, running, and generating profits for less than $100.
4) Minimal Ongoing Expenses: With traditional real estate, monthly expenses are HIGH. Between loan payments, ongoing maintenance, and repairs (not to mention the possibility of having to go through the eviction process), profit margins are slim.
Plus, whenever you have a vacancy, factor in the costs to turn over a unit (plus the fact there’s no money coming in until the next tenant moves in).
With Digital Real Estate, a 100% online business with minimal maintenance and ongoing costs, you never even have to think about that risk.
5) Easy To Duplicate: Ok, here’s the best part: once you have your first Digital Rental Property up and running, you can literally DOUBLE your income with a few clicks, a couple keystrokes, and a single phone call (and you don’t actually need the phone call).
Remember: each Digital Rental Property is worth $500 to $2,000 a month in semi-passive income (over 95% profit). Every time you decide to create another one and increase your income, it gets easier.
Because you have more knowledge, more experience, more results, and more momentum.
If you wanted to double your income with traditional real estate investing, you’d have to double your monthly rent, double your deals/number of units OR double your profit margins. And, guaranteed that’s a lot harder than a few clicks and a few minutes of your life.
6) Make Money Helping Real People: This part is what makes it all worth it. With Digital Real Estate, you’re actually helping people by solving your clients’ biggest problem:
Small, local businesses need more customers, and with Digital Real Estate, you are unleashing a flood of happy, paying customers for these businesses.
You make money by helping them make money.
Not a big, faceless corporation either…a small business owner who’s using that money to put food on the table for their family, start a college fund for their kids, or take care of a sick parent.
Once you see how Digital Real Estate makes a real impact in the lives of real people, you’ll sleep like a baby with a big smile on your face.
Now, the choice is yours. You could continue browsing, looking at opportunities like Propstream which could one day make you money.
You could continue researching, never making a decision.
OR, you could take a look inside, consider what you really want, and join a program that makes your dreams a reality. At the same time, joining a community of over 2,000 successful students that are living life on their own terms thanks to Digital Real Estate.
A consistent, reliable, semi-passive stream of income that doesn’t depend on you or your time to keep producing profits.
All while genuinely helping real people who are grateful and happy to pay for it.
If this sounds more like what you want out of life (or if you just want some nice side income), click here to learn more about Digital Real Estate.