If you’re looking to invest in real estate, and you want to guarantee the success of your investment, then you should consider using this online platform for analyzing real estate investments.
Analyzing real estate investments is the only way for you to guarantee that you’re making the right decision and that you’re investing your money in a property that will generate profits for you.
While the most experienced real estate investors have developed their own tools and processes for analyzing real estate investments, most beginner investors lack the knowledge or the experience to develop such tools, so they often have to rely on online platforms and websites to analyze real estate investments.
In this article, I will be focusing on Mashvisor as a top pick for beginner investors that can help them analyze real estate investments with the use of predictive analytics and machine-learning methods.
Mashvisor – An Online Platform for Analyzing Real Estate Investments
Mashvisor is a real estate analytics platform that helps real estate investors find, analyze, and compare rental properties for sale to determine their profitability and return on investment.
Using the predictive analytics model, Mashvisor’s platform is able to look at the historical data for each investment property listing and make predictions and assumptions about the future performance of each property based on that analysis.
This allows the platform to be an efficient and reliable tool that beginner real estate investors can use for analyzing real estate investments and marking the best properties that they could purchase and turn into rental properties to start generating an income.
Combined with a wide range of tools and features, this platform can be used during the different stages of your search for investment properties, and it can effectively shorten the duration needed to do your research, search for properties, and gather data for analyzing these properties. Using this tool, this entire process can take 15 minutes instead of 3 months from start to finish.
To start looking for and analyzing the best investment properties in your city and neighborhood of choice, click here.
Finding Investment Properties for Sale
The listings that you will find at Mashvisor are all properties that are listed for sale on the different MLSs and data sources.
These properties will generally have historical rental data. Meaning, each property that has been rented out in the past will have analytics that predict its future performance as a rental property in the future.
The search tool on the platform utilizes this unique data to allow the user to search for properties based on their projected performance, which is something that no other tool has.
For example, if you have specific search criteria and investment goals, you can use the multiple filters to narrow down your search and only find properties that meet your criteria and that can help you achieve your goals.
Whether you’re searching for properties of a certain type, size, age, or status or if you want to limit the results to properties that have a certain price range, are projected to generate a certain percentage of ROI, or that have a specific range of occupancy rate, Mashvisor’s tool allows you to combine as many filters in your search to find the perfect property for your investment.
Analyzing Real Estate Investments
You might be wondering, how does Mashvisor provide such data about each and every property listed on the platform?
When it comes to analyzing real estate investments, there are three main elements that need to be taken into consideration:
- The property’s price and your financing method
- The first-time and recurring expenses that will incur when you purchase and own the property
- The return on investment that the property is predicted to have
If you have enough data about all three of these elements, you should be able to analyze any rental property with ease.
When using Mashvisor, you can go to any property’s analysis page to see how all of these elements come together to give you the results that you see for the cap rate and the cash on cash return calculations.
By using sophisticated algorithms and making the calculations, the tool is able to tell you how much money you should expect to generate and over what duration of time.
This tool uses the most common methods and metrics that are used for analyzing real estate investments, such as the cap rate and the cash on cash return, which are the return on investment metrics that are mainly used for analyzing rental properties.
Learn: Understanding Cap Rate vs. Cash on Cash Return
Also, since the platform specializes in analyzing rental properties, in particular, it will provide its analysis for both rental strategies (short-term rentals and long-term rentals), allowing the user to easily compare between the two strategies and decide on the one that suits them and the investment property best.
Property Finder Tool
The property finder tool combines the powers of both the search tool and the analysis tool.
Using the wonders of machine-learning algorithms, the property finder is able to find and analyze real estate investments for you in a matter of seconds and give you a list of the most profitable and suitable properties that you can invest in using the least amount of effort during the process.
The tool does this by looking at and analyzing each user’s social, financial, and behavioral data and identifying patterns that the user shares with other investors that are similar to them. By doing this, it can determine the type of property that the user is most interested in, which includes all aspects of the property design, and will pick the properties that are predicted to generate the highest profits.
Also Read: Finding Income Properties Using a Heatmap
The only thing the user has to do is to set up some simple search criteria which include:
- The budget
- The desired ROI
- Up to 5 markets of interest
With the option to narrow down the search further with filters related to:
- The preferred rental strategy
- Number of bedrooms
- Number of bathrooms
The AI will then search through all properties that match the criteria in the selected markets, and it will come back with results that are sorted from highest to lowest in terms of the ROI they’re projected to generate.
To start your 14-day free trial with Mashvisor and subscribe to our services with a 20% discount after, click here.
Bottom Line
Analyzing real estate investments can be a ton of work, especially for beginner investors who might have a day job and lack the sufficient knowledge to carry out their own real estate investment analysis.
By using online tools and platforms, like Mashvisor for example, analyzing real estate investments becomes much easier, more accessible, and faster to complete, which gives an edge to beginner investors and enables them to compete with the most experienced investors on the market.
Make sure to check out Mashvisor’s platform, and don’t forget to visit our blog and enjoy reading our articles, guides, and market reports to learn more about the industry and how you can succeed in it!