Whether you’re a beginner real estate investor who has no idea where to start or an experienced investor looking to grow your portfolio by adding a real estate asset, the question “what should I base my investment decisions on?” has definitely crossed your mind. The answer to both types of investors is simple: real estate data. In this age of information technology, anyone with access to this sort of data can become an expert-level real estate investor right away. However, there are numerous real estate data providers out there, so how do you decide which one to trust? The key is how accurate and timely their data is as well as which sources they pull their data from.
For example, Mashvisor’s real estate API extracts and combines data from a number of different public sources that investors know and trust before augmenting these with proprietary AI-powered investment analytics. After getting real estate big data from dozens of sources, we analyze them based on historical and predictive analytics and organize them in an easy-to-understand format. Mashvisor also has the tools that investors need to make smarter and faster decisions, making it a data source that you can trust. If you haven’t heard of Mashvisor before, keep reading to understand why it’s one of the best real estate data sources in 2020.
What is Mashvisor?
Mashvisor is an online real estate investment software that helps new and experienced real estate investors find the best performing rental properties in any US market, quickly and efficiently. To do this, Mashvisor utilizes real estate property data that you can access through the multiple tools we offer. Using Mashvisor’s tools, you can bring down 3-months’ worth of research to 15 minutes, estimate the potential ROI of any property, and make data-based investment decisions to stay on top of the competition.
Related: Mashvisor Review: The Real Estate Investment Tools That You Need
Real Estate Data Provided by Mashvisor
Want to explore the real estate data analytics and the real estate investment tools you’ll access to when signing up to Mashvisor? Here’s all you need to know:
#1 Real Estate Market Data
Successful investors know that investing in the best locations is key for a good rate of return on rental property. This is because so much of a property’s profitability depends on trends like home prices, rental demand and inventory, rental rate, occupancy rate, and more. How favorable these trends are for investing in real estate varies from one location to another. So if you want to decide whether or not you’re in a good investment location, you must study these housing market trends. Or, in other words, conduct a real estate market analysis. While this used to take months to finish, you can efficiently run this analysis using Mashvisor’s real estate data API.
In our real estate investment blog, we created the Top Locations category specifically to help you find the best places to buy rental property according to our data. Investors interested in the best markets across the country can get their hands on this type of data for free! Furthermore, we also create and publish Market Reports for major cities in the US that include housing market data. Analysis in the report includes an overview of the market’s performance based on historical data, the best property type for real estate investing in this market, best neighborhoods, and important statistics like crime rates, affordability, property tax rates, and more. Check our Seattle real estate market report to see for yourself.
Another way to get access to housing market data is through one of our top tools: the Real Estate Heatmap. This is the first tool you’ll see when you start searching for investment properties for sale in the city, neighborhood, or zip code of your choice. On the right side, you’ll get a list of all residential real estate listings in that market along with property data for each listing. This dataset includes the listing price, the number of bedrooms and bathrooms, size in square feet, cash on cash return, and cap rate (both traditional and Airbnb). The map itself is a color-coded overview of how rental properties are performing in different parts of the area. You can choose to analyze areas based on how properties are performing in terms of:
- Listing price
- Traditional cash on cash return
- Airbnb cash on cash return
- Traditional rental income
- Airbnb rental income
- Airbnb occupancy rate
Mashvisor’s Real Estate Heatmap
As you can see, the above is a neighborhood analysis in Miami, FL that shows the performance of rental properties based on Airbnb cash on cash return. Areas highlighted in green are those where properties are performing better than those in areas highlighted in red. You can also see the filters above the map that allow you to get even more detailed results based on specific real estate data. Thus, the Real Estate Heatmap is great not only for studying housing market trends and analyzing different neighborhoods, but it helps you find the best locations in a certain market as well.
Another place where you can get even more real estate market data is the neighborhood pages on Mashvisor’s Investment Property Calculator. These pages will show you the following data for any neighborhood in the US housing market 2020:
- Median property price
- Average price per square foot
- Traditional cash on cash return
- Airbnb cash on cash return
- Traditional rental income
- Airbnb rental income
- The number of residential real estate listings
- Number of traditional rentals
- Number of Airbnb rentals
- Airbnb occupancy rate
- Optimal rental strategy
- Walk Score
- Historical rental income
- Real estate comps
- The optimal type of property
- The optimal number of bedrooms
All of these real-time real estate data will help you decide the best place to buy a rental property in 2020.
#2 Real Estate Property Data
Besides the location, the other factor that plays a role in the profitability of your real estate investment is the property itself. This is why investors spend time and effort in gathering and analyzing property data prior to making a decision. Your time and efforts, however, could be minimized when using a real estate app like Mashvisor. Say you’re conducting an investment property search on Mashvisor and found a number of homes for sale in your location of choice. For every property on the site, you’ll get the following real estate data:
- Property address
- Property type
- The property Status (for sale, pending, sold, foreclosure)
- Property size in square feet
- Property’s age
- Number of bedrooms and bathrooms
- Type of heating and cooling
- Availability and number of parking spaces
- Days on market
This data is important not only when you’re buying a home, but they’re significant for investing in rental properties as well. Getting access to this information allows investors to quickly decide if the property they’ve found fits with the profile of the most profitable investment properties in the location as well as their personal criteria. However, these are only the general property data you’ll get from the Investment Property Calculator. Thanks to Mashvisor’s real estate data API, you can request even more detailed and specific information including:
- Number of units in the property (for multifamily properties)
- Parcel number: the property APN assigned by a tax assessor
- The walkscore value of the property address
- The last knows tax amount
- Tax History: a collection of all the taxes reported for a property
- The last sale date of the property
- The last sale price of the property
- A description of the appliance
- The date and time of the open house occurring
- Property occupancy status
- The broker’s name, email, phone number, and full address
What’s more, you can get this real estate dataset for any property in the US whether found on the Mashvisor platform or whose addressed you’ve entered manually. In addition, part of the data related to the property that you’ll also get is homeowner data. You’ll get this data through another Mashvisor tool: Mashboard. This allows you to easily identify and contact owners of off market deals and then directly contact them through our integrated email system. Also, investors can look up owners in specific areas and get a homeowner’s data list which includes, but is not limited to:
- Owner’s first name and last name
- Phone number including area code
- Email address
- Street address
- Age range
- Occupation
- Gender
- Marital status
- Education
- Length of residence
- Household income
Mashboard
For more details, read: How to Find Out Who Owns a Property for Off Market Deals.
#3 Real Estate Investment Data
The most important step for making smart real estate investment decisions is conducting a rental property analysis. Here, investors analyze real estate historical data and housing market trends to predict future performance and estimate the ROI from the property. What makes Mashvisor of the best real estate data sources is that, instead of analyzing the data yourself, it provides a readily available rental property analysis. When getting access to Mashvisor’s Investment Property Calculator, you’ll get this analysis which includes all the ROI metrics and numbers pre-calculated based on accurate and reliable data. Here’s a list of all the real estate investment data analysis we provide:
- Rental income (Traditional and Airbnb rental data)
- Cash on cash return (Traditional and Airbnb)
- Cap rate (Traditional and Airbnb)
- Cash flow (Traditional and Airbnb)
- Traditional vacancy rate
- Airbnb occupancy rate data
- One-time startup cost: closing costs, repairs, inspection costs, furniture and appliances
- Monthly expenses: maintenance costs, management costs, property tax, insurance, etc.
- Total Expenses
- Down payment
- Loan type
- Interest rate
- Payment type: loan, or cash
- Max bid: sets the property listing price to its value
Mashvisor’s Investment Property Calculator
While on the Investment Property Calculator, you’ll also get access to rental comps data. This is basically home sales data of properties that are similar to the one you’re eyeing for real estate investing. Getting this type of data helps investors understand how different rental properties are performing by comparing them to one another. It’ll also give you an idea of how your competitors are performing and what you can do to stay ahead. Just like all data that Mashvisor provides, this includes both traditional and Airbnb data to show you the optimal rental strategy. You can also download real estate data and get a report of all you need.
Mashvisor’s Rental Comps
Related: Airbnb Data: What Real Estate Investors Need and Where to Get It
As you can see, Mashvisor is more than just a real estate listing database – it provides valuable and must-have data. With the help of this software, investors can assure making decisions that will lead to making money in the industry. Getting access to our data only takes a click of a button. So, whether you’re interested in traditional or short term rental data, all you have to do is start out your 7-day free trial with Mashvisor now.