Real estate investment can be a time-consuming business. Many steps must be taken between identifying and developing leads of motivated sellers and closing a sale.
This is where REIPro can help to streamline the process.
You may have heard of the software before and are thinking about giving it a shot.
Is it worth it?
This Reipro Review review has been thoroughly researched with information and testimonials that are available online to anyone in the public. Any conclusions drawn by myself are opinions.
REIpro 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 REIpro 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 REIpro, keep reading.
What Is REIPro?
REIPro is real estate CRM platform for both small and large brokerages. It allows you to search for a variety of properties, including unoccupied and bank-owned lots.
The software also shows the selling prices of such listings. With the quick search option, you can access materials from all around the world. It allows you to target both local or far estates.
REIPro also serves as a marketing platform, allowing you to communicate with potential clients and investors. The system comes with 90 postcard templates and 20 letter templates. Both are available for no cost.
It also includes a deal analyzer to help you make business decisions. It looks over your contracts using data-driven information. Furthermore, the software allows you to assess previous transactions. This procedure allows you to create profitable plans for your real estate company.
How Does REIPro Work?
REIPro’s key benefits include a simpler investing procedure, generating leads, and well-organized company data.
Real Estate Investing Process Simplified
REIPro is real estate software that features a 10-step workflow methodology for real estate investors. The platform will guide you through each step of the investment process. Using REIPro, you may get important information such as phone numbers, landline numbers, and email addresses of potential buyers and sellers.
The program also allows you to view a 10-year history of tax information and mortgage amounts for various properties in all 50 states. By using REIPro, you and your team may benefit from a streamlined investment process. REIPro has the resources you need, from searching for a house to assessing a transaction.
The program simplifies the process of direct marketing for real estate investors. REIPro offers email transcripts that you may personalize in order to deliver a personalized message. The platform also includes offer and contract templates to help you navigate the legalities of buying and selling a home.
REIPro can be used to create a one-of-a-kind marketing campaign for a possible investment. After that, you can use the integrated mail platform to send a message. The software can even track campaigns. This enables you to assess your marketing strategies.
Organized Company Files
REIPro organizes and categorizes your files, including transaction and contract history. You may use this program to organize all of your business information.
With REIPro, you don’t need a separate place for your documentation because you can check your property’s details and property report on your devices.
You can view and manage your files from any location because REIPro stores them in the cloud. This tool also protects your documents against hackers.
An In-Depth Look At All The Features Of REIPro
1. Lead Generation
REIPro allows you to search 150 million leads, many of which are motivated sellers seeking investors.
There are a number of categories from which to choose and filter your search, including:
- Absentee owners
- Vacant properties
- Bank-owned real estate
- Clear and free properties
- Properties with high and low equity (more or less than 30 percent equity)
- Properties owned by trusts
- “Underwater” properties (owe more than their current value)
Many real estate investors also value the ability to collaborate with other investors and co-invest, partner up, or promote deals to them.
As a result, the platform enables you to search for other investors throughout the country.
Suppose you have a buyer’s list or a list of other wholesalers and you know what they are looking for in terms of an investment.
The REIPros search filter comes in handy here.
It allows you to filter your search by price, lot size, home type, number of bedrooms, bathrooms, year constructed, date last sold, property size, owner type, and potential equity.
You can check the potential equity of a certain property within the same lead generation or better property look-up module, and thus determine whether or not it has deal potential for you.
REIpro accomplishes this by comparing the initial loan amounts to current market values.
REIpro gets its property leads from where?
Among other things, the program regularly checks courtroom records and county tax assessors, and each morning from Monday through Friday, it updates this information with new information.
2. Direct Mail
Direct mail is one of the marketing strategies used by many real estate professionals to reach out to motivated sellers, and REIpro has a full direct mail system set up for that reason.
You can use it to develop personalized direct mail campaigns and include your leads in them.
You can do everything from one location…
- on-demand letter printing
- export campaign lists
- make multi-touch postcard campaigns
- purchase postcards (REIpro has an in-house printing service)
- save your campaigns for future use.
REIpro also provides a service where they will mail your postcards for you, and their system will trace each one.
The software firm also provides a service called “LISTMaid,” which may assist you in cleaning up your database, deleting duplicates, and correcting errors.
They do so by checking the NCOA (National Change of Address) secure database, which holds around 160 million permanent change-of-address records.
The United States Postal Service manages and oversees this database, which contains the names and addresses of individuals, families, and businesses that have submitted a change-of-address form to the USPS.
3. Marketing Instruments
The majority of REIpro’s marketing tools are postcard design templates, a skip tracing tool, and a marketing library.
Design Templates For Postcards
REIPro’s template collection also includes over 90 different postcard designs.
According to the company, they have been road-tested and proven to work.
Postcard designs are available for the majority of motivated sellers and some purchasers (mainly investment buyers), including:
- Property owners who are free and clear
- Sellers who are divorced
- Lease options
- Short sales
- Sellers of high-value properties
- Absentee owners
- Expired listing owners
- Owner of a home with a tax lien
- Auction property sellers
- Sellers who are also investors
- Cash buyers
- Owners are selling
- Sellers of foreclosed homes
- Vacant-home sellers
- Owners are renting out their residential properties
- Owners who provide seller finance on their properties
Skip Tracing In REIpro
With REIpro’s skip tracing feature, you may find the owner’s contact information from a single lead or from a group of leads.
You may be given up to three mobile phone numbers, three landline phone numbers, and all of the email addresses associated with the individual lead by the program.
The Marketing Library At REIPro
The marketing library contains a variety of supporting materials, such as letter templates, posters, postcards, special reports, emails, budget sheets, and checklists.
You may include your own stuff there.
4. The REIPro Workflow System
REIPro’s workflow system considers the common steps and duties that real estate investors must perform before closing a deal.
It is a graphic representation of the typical real estate investor business procedure in several ways.
Each lead in the system has a unique workflow and set of current tasks associated with it.
This workflow system is also linked to a basic CRM to manage your leads, which include sellers, buyers, and other connections.
It also allows you to search for property information such as MLS comparable sales for all 50 states.
Obtaining Specific Information
You may also find significant information on sellers or owners in the workflow system, such as their estimated age, owner’s name, phone numbers, email, possible family member names, phone and email information of relatives of the owner, previous residences, and deceased status (if applicable).
Using Phone Scripts To Contact Sellers
Another benefit of this system is the availability of a library of phone scripts and questions to ask the owners.
If you have scripts, you can modify them.
Examining And Analyzing Transactions
You can also estimate repair costs from there if necessary (this would be the inspection step from above). You can use auto-calculating tools and other inspection forms.
The system gives you access to a “All-Access Comparable Pass” as an additional aid in estimating and calculating repair expenses, as well as determining the worth following repairs.
This pass provides you access to MLS sales prices (for all 50 states), MLS sales dates (for all 50 states), and county recorded sales data (all 50 States).
You can also sort in a variety of ways and then get a comparative report.
Overall, this is a deal analyzer that allows you to perform a financial analysis for different scenarios.
Many real estate investment “gurus” recommend making many offers to the same seller in order to increase your acceptance ratio.
This strategy is also supported by REIpro’s workflow system, which allows you to offer 3 choices to the various sellers: a cash offer, seller financing, and lease options.
These offers can be printed using the various letter templates, but you can also create your own.
Making Contracts With Sellers
REIpro does not provide this functionality directly, but rather through a partnership with Rocket Lawyer.
If you have any further questions, you should consult with an attorney.
Using the workflow system’s final two features, you may send customized emails and search for local title companies and attorneys.
This workflow system step helps you create affidavits that can obscure a property’s title and protect the investor.
Sellers are unable to sell the property to someone else while the affidavit is in effect because they would have to transmit the clouded title, which they are unable to do in this case.
Marketing To Buyers
This workflow system feature helps you in the process of locating a buyer for the contract you have in place.
It generates ad copy for you to use in your preferred marketing channels.
You can also use this page to send emails to your buyer list if you have one.
This function is similar to the seller’s contract.
It also includes a number of contracts available from the previously mentioned partnering law firm.
Because real estate laws vary by state, the final phase of the workflow system supports you in locating a title firm if you want to work with one.
REIPro has 15,000 different ones in its searchable database across the country.
These title companies, unlike the partnering law firm for the various contracts, have no affiliation with REIPro.
- Simple, streamlined design that is easy to use and comprehend
- Another feature that REI professionals may benefit from is the platform’s simple direct mailing.
- The 14-day free trial period is a nice bonus.
- REIPro covers the most of the basics of lead generation.
- The monthly fee may be slightly higher than what new investors are willing to pay.
- There is no website provided for investors to send new leads to; this is the responsibility of the investor.
- Several reviewers raised concern that the lead data they received was out of date and unhelpful to investors.
Is REIpro A Scam?
So, is REIpro a scam? Not technically. You can make money with this program, but it’s definitely not as easy as company 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 REIpro
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 #1 Recommendation For 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 REIpro 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.