If you’ve been looking for software that’ll help you grow your property management career, you might have come across Mashvisor. When browsing the site for the first time, you’ll notice that it mainly helps real estate investors find lucrative traditional and Airbnb rental properties. And yes – Mashvisor was first designed to make the decision-making process easier and more efficient for investors through the power of predictive analytics combined with real estate data. But that’s not the only thing that it does. Real estate agents and professional property managers also find value in Mashvisor and the number of tools it offers. In this blog, we focus on giving you insights on how you, as a property manager, will benefit from the tools we’ve got available on the platform.
Related: What Does Mashvisor Do for Real Estate Investors, Agents, and Property Managers?
#1 Find Qualified Property Management Leads
When starting a property management company, the first thing that property managers need to think about is how to get leads. Most might rely on traditional marketing strategies to get property management clients. However, top property managers ensure that they have a lead generation strategy that ensures that money and time are not wasted attracting the wrong audience. Instead, they focus on finding potential clients that are likely to be interested in the services offered. This is the first thing that Mashvisor does for managers through a tool called the Mashboard.
This tool allows you to get access to homeowner data in any US real estate market. Simply, enter some basic information (like state, city, zip code, property type, etc.) and you’ll get a list of all property owners in the selected area. You’ll also get their contact information like their name, email address, and phone number. The data will also show you whether or not the owner is a real estate investor. You can then contact owners to ask about the current property management status of their rental properties and offer your services.
The best thing about using Mashboard to generate property management leads is that it’ll quickly and accurately qualify leads for you. All you have to do is enter basic client information and our system automatically gathers and conveniently displays the data needed to qualify. Mashvisor’s lead likelihood algorithm will let you know if your property management client is ready to buy another investment property. In turn, property managers don’t need to ask questions to qualify leads and, therefore, eliminate time wasted on unqualified leads.
Visit Mashboard today to see the other features it has to offer!
#2 Help Clients Find More Properties
The second thing Mashvisor does for top property managers is to help them help their current clients find new investment properties. While this may not be in your property manager job description, it’s something that will definitely attract more investors to hire you. Many investors are actively buying properties but may not have the time to search for new investment opportunities. Hence, by offering this service, you’ll stand out from other property management companies and attract more investor clients. This will definitely boost your property management career in 2020.
As a rental property manager, you can use Mashvisor’s real estate tools to find rental properties for sale that match your clients’ needs and requirements. Finding the best investment opportunity will push your client to make a move quickly. And you can do that without spending hours on research thanks to Mashvisor’s Property Recommender. This tool is backed by a massive supply of listings from the MLS as well as off-market properties. Our algorithm will match your client to the right property with 90% accuracy. With this Mashvisor tool, property managers can grow their rental property management portfolio without needing to generate new leads or spend more time and money on marketing.
Related: 7 Ways to Give Your Property Management Career a Boost
#3 Share Property Analysis Reports
As mentioned, you might have property management clients who are interested in buying more properties and want your help to find them. This applies whether you’re a traditional or an Airbnb property manager. However, investor clients won’t settle for just any property – it has to promise them a return on investment. To further present yourself as a professional property manager, you need to conduct the necessary investment property analysis. This way, you’ll get the property data and numbers that investors look for when making an investment decision. When using Mashvisor, you don’t have to run this analysis manually or by using spreadsheets.
One of the main benefits of Mashboard for property managers is that it saves time when analyzing or evaluating properties. The software pulls in data from sources like Zillow and Redfin and then organizes it in an easy-to-understand format. Then, it provides a rental property analysis including all the data like listing price, property type, property status (foreclosure, pending or sold), number of bedrooms and bathrooms, cap rate, cash on cash return, rental income, optimal rental strategy (Airbnb vs traditional), rental comps, and more! The complete property analysis comes in a pdf report that you can share directly with clients through Mashboard. This explains why Mashvisor is one of the best property management websites in 2020.
To learn more about how Mashboard will help you find profitable properties for your clients, schedule a demo.
#4 Stay Updated on the Property Management Industry
Top property managers in any market are those who are up-to-date with trends going on in the property management industry. With the property management industry growing every year, and new competitors entering the market, it’s important to keep yourself updated. This helps figure out what real estate clients are looking for in a rental property manager and how to deliver the best services. While there are many ways to stay updated (like attending conferences or networking through online forums), one of the best ways is to read property management blogs like the one you’re reading right now.
In the Real Estate Careers category of the Mashvisor blog, we offer a wide selection of articles with updated information on the residential property management industry. Our blogs range from property management marketing, lead generation strategies, to property management tips that help you grow your business and impress clients (and everything in between). If you’re not a manager but thinking about becoming one, our blogs also got you covered. You can read about everything from how to become a property manager, what do property managers do, what skills you need to succeed, how much you can expect to make in the industry, and more.
Related: How Much Do Property Managers Make?
#5 Start Investing in Real Estate Yourself
If you’re thinking of venturing into the real estate investing world, Mashvisor is more than useful. While the professional property management industry is profitable, owning real estate is still the best career path anyone can choose. A lot of property managers actually start investing in rental properties once they realize the many benefits of being an investor. Still, the process of switching from real estate property management to real estate investing can be tough if you don’t know where to start. The first thing you need is a reliable source of information like the Mashvisor blog. There, you’ll learn everything you need like how to find real estate deals, rental property financing, how to run a housing market analysis, and the latest news and trends of the industry.
Furthermore, because Mashvisor was designed to help investors, it provides you with the tools to make smart decisions even as just a beginner. This includes the Real Estate Heatmap that displays the best places to invest in real estate within a city, the Property Finder that helps you identify the top-performing rental properties for sale that match your criteria, and the Investment Property Calculator that’ll provide an analysis of any property you’re thinking to invest in. With the knowledge you’ll gain by reading the blog and the help of these tools, property managers can start investing and managing rental properties at the same time. To learn more about our investor tools, click here.
Sign up for an Expert Plan to start using Mashvisor, the best property management software in 2020!