Real estate investing has never been easier with the help of Mashvisor’s online real estate analytics platform. It is no secret that real estate investing is one of the best methods that people use to accumulate wealth. However, while the thought of investing in real estate comes up in the minds of most people at least once in their lifetime, most of these people quickly give up on their quest of real estate investing shortly after due to the several challenges that real estate investors must face and overcome.
While the concept of real estate investing is very simple – you purchase a real estate property and you rent it out or sell it for profits – in practice, the process is much more complicated and requires a lot of knowledge, research, analysis, and other steps that can be extremely time-consuming and daunting for most.
However, with the technologies that are available today, it comes as no surprise that some companies would make use of these technologies to provide real estate investors with tools and platforms that can make the process much faster and easier. This, in turn, makes real estate investing available to more people who can more easily fulfill their dreams of making successful and profitable investments in real estate.
Related: 8 Must-Have Real Estate Investment Tools
In this article, I will go over the major challenges of investing in real estate, and how Mashvisor provides solutions for these challenges through its online real estate analytics platform.
What Are the Challenges of Real Estate Investing?
There are several challenges that most real estate investors face, especially at the start of their career or when they are beginner investors.
These challenges often lead people to shy away from investing in real estate as they believe the process is so complicated and time-consuming that it isn’t even worth the risk.
The main challenges that people face are:
- Real estate investing requires a lot of knowledge to get into.
- It is very time-consuming.
- A good deal requires market intelligence and insights.
- It’s difficult to know which metrics to use for the calculations.
- It’s difficult to make sense of these calculations.
- It’s difficult to tell a good deal from a bad one.
While these are not all the challenges that you would face at the start of your real estate investing career, they do make up the majority of the reasons why most people quit before even getting started.
What are the challenges that you’re facing/you’ve faced? Let us know in a comment and we will write a blog about it!
Whether it is the stage of searching for investment properties to purchase, or analyzing them, or comparing them, there are always challenges that stand in the way of any real estate investor before they can make a successful real estate investment.
Related: Overcome the Challenges of Owning a Rental Property
For this very reason, Mashvisor was created to find solutions for these challenges and provide the user with an easy-to-use platform that simplifies the entire process and handles most of these stages for them.
Mashvisor: A Solution for the Challenges of Investing in Real Estate
Mashvisor is an online real estate analytics platform that helps real estate investors find, analyze, and compare investment properties to find the one that is most suitable for them and that matches their investment goals and strategy.
With a heavy focus on rental properties in particular (as the best real estate investment strategy for beginner investors), Mashvisor provides its user with all the data and calculations they need to make wise investment decisions and plan their investment strategy to meet their goals.
To start out your 7-day free trial with Mashvisor, click here.
When it comes to the challenges that real estate investors face when investing in real estate, this is how Mashvisor provides its solutions:
Real estate investing requires a lot of knowledge to get into
If you’re reading this blog, then you’re probably aware of Mashvisor’s massive blog section that, at the time of writing this blog, includes around 3000 articles that are all related to the basics and more advanced aspects of real estate investing.
Whether you want to learn about the best investment strategies, creative investing, how to do the calculations, what metrics to use, or any other question that you might have, Mashvisor will probably have an article written about it.
If you have a question that you can’t find an answer to, let us know with a comment and we’ll write about it!
It is very time-consuming
While the process of investing in real estate can be very time-consuming, especially during the stage of searching for investment properties and gathering their info to compare them, the process was made much easier and drastically faster with Mashvisor.
In fact, Mashvisor’s motto is “We turn 3 months’ worth of research into 15 minutes”, which is very true. By using Mashvisor, you gain access to hundreds of thousands of investment property listings nationwide. With the use of unique and customizable filters, you can narrow down your search to quickly find the most relevant properties in any market of your choice, which also comes with a full set of analytics and data for you to base your investment decisions on.
Additionally, one of the tools that Mashvisor provides allows you to search for properties in a market or up to 5 markets at once by only entering the names of these markets as well as your available budget and type of property that you’re interested in. This tool utilizes AI technologies to then suggest the best investment property matches for you based on your criteria as well as the historical data of other real estate investors like you. The results will also be sorted out from best to worst, and it will only include properties that are guaranteed to be profitable for your investment.
A good deal requires market intelligence and insights
Mashvisor does not only provide you with data and calculations for individual properties, but you can also learn more about the markets on the city and the neighborhood level by looking at their average stats and historical performance.
This includes the use of ROI metrics such as the cap rate and the cash on cash return, allowing you to see what the average return on investment is in each and every market before you start inspecting the properties in it. This way, you can easily tell whether a property is projected to perform above or below the market’s average, or if that market is suitable for your investment goals altogether!
Related: Is It a Buyer’s Market or a Seller’s Market?
It’s difficult to know which metrics to use for the calculations
While there are tens of metrics that can be used to analyze an investment opportunity and determine its return on investment, most of these metrics are redundant or irrelevant for what you’re trying to achieve.
Mashvisor simplifies the process by focusing on the most universally acceptable and useful metrics to use when analyzing a real estate investment. These metrics include:
These metrics are very easy to understand and will be automatically calculated for you so that you can know what return on investment to expect from investing in each property or neighborhood.
Related: Cap Rate vs. Cash on Cash Return
It’s difficult to make sense of these calculations
The metrics that are used by Mashvisor are very simple and easy to understand. However, if you want to make sense of these calculations in the long run, then Mashvisor also has you covered.
By going to each property’s page, the user will be able to see what the investment payback period and balance will look like for up to 10 years in the future.
This allows you to easily know how much money your investment property will have generated each year, and at which point it will have paid for itself and will start generating pure profits for you.
Of course, you can always rely on the blog section to learn more about each metric, how it was calculated, and what it means for your investment.
Related: Investment Property Calculator for Analyzing Real Estate Investments
It’s difficult to tell a good deal from a bad one
Finally, one of the many features that Mashvisor provides is the rental comps feature.
This feature allows you to easily and quickly compare a large number of rental properties in an area to see how they’re performing against the area’s averages.
When comparing the properties, the tool will automatically select properties that are similar to the one you’re looking at based on their distance, number of rooms, and size. This means that the tool will only compare properties that compete with the property you’re looking at, and it will also include properties that are currently being rented out so that you can see how this type of property is currently performing in this market.
Related: How to Easily Find Real Estate Comps
To learn more about how we will help you make faster and smarter real estate investment decisions, click here.
Bottom Line
While these challenges are not the only ones that people face when getting started in real estate investing, Mashvisor’s solutions are also not limited to the ones mentioned above.
In other words, Mashvisor is an all-purpose workbench that can help real estate investors with all aspects related to their investment, allowing them to easily find the best investment property to meet their goals, even connecting them with a real estate agent to help them negotiate and close the deal if they want.
If you’re a real estate investor, or looking to become one, then Mashvisor is the perfect place for you to start your real estate investing journey to increase your chances of success and to make the process much faster and easier than ever before.