Real estate investing is one of the most fruitful paths you can probably choose. It can be if you know the websites to find investment property.
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You can find out what the best ones are; this article will explore the best eight websites to search for your next investment property.
Being an investor is commonly associated with great success and wealth, but people don’t usually think about what’s hidden beneath the surface. Before investing, whether it’s the first one or not, you need to take into account a lot of details. Most investors puzzle over finding an investment property that meets all their requirements.
While the housing market is still unstable amid the current pandemic, making a real estate deal that will be profitable on all levels becomes harder. How can you thoroughly prepare for your investment without wasting time on research?
The easiest way is to find a trustworthy real estate platform that will provide all the tools you may need in just one website. We’ve gathered some of the most reliable websites to find an investment property below.
What Is the Best Investment Website for Real Estate Investors?
Nowadays, Mashvisor is considered one of the leading platforms for real estate investment property search. It is getting more and more positive reviews from investors who managed to find their dream property on Mashvisor.
What makes Mashvisor such a highly sought-after platform among investors? The main reason is that the website contains a diverse range of modern property search tools that will come in handy regardless of the investment you plan to make.
Moreover, Mashvisor offers plenty of educational and informational sources, such as tutorial videos, blog posts with advice for investors, current news and updates on the market, and even a real estate podcast available on all platforms.
The platform will certainly be of great use to everyone who wants to become a reputable and trustworthy real estate investor. But before that, you need to make your first step and find a profitable investment property and make the most out of your deal.
Let’s dive deeper and find out the main advantages of Mashvisor for investment property search and how they can be useful for you.
Property Finder
Naturally, every real estate platform must include a built-in finder tool to facilitate rental property search. On Mashvisor, it is designed in the most convenient way possible.
Your journey on the website starts exactly from the Property Finder page, where you can find and look at the best options just in several clicks.
In the search section, you can set up filters such as city, budget, rental strategy, type of property, number of bathrooms and bathrooms, and more. The page is designed in such a way that it’s easy and fast to navigate, even for first-time users.
Related: How Is Mashvisor’s Property Finder Helping Real Estate Investors?
Property Marketplace
Mashvisor not only allows you to access MLS listings but also provides a database of off-market properties. It includes foreclosures, short sales, auctioned homes, bank-owned properties, and tenant-occupied rentals. Off-market properties can become profitable and, above it, very quick deals as soon as you use a reliable tool to find them.
On Mashvisor, you can use various filters to narrow the scope of your search and thus significantly hasten the process. Moreover, it allows you to analyze the investment potential of each off-market quality using a fast and convenient Investment Property Calculator.
There’s more to it. You can make sure that the offer is legitimate by contacting the property owner directly on Mashvisor’s website. Every property owner maintains a verified account with a phone number and an email address that you can use to negotiate and make the most out of your deals.
Investment Property Calculator
After you’ve found the most alluring properties to invest in, you also need to estimate your expenses and profit. The Mashvisor’s Investment Property Calculator simplifies the task by automatically comparing and analyzing different properties.
With the tool, you can calculate all the important metrics, such as property price, startup costs, recurring monthly expenses, cap rate, rental income, cash on cash return, occupancy rate, and cash flow, among others. The Investment Property Calculator provides estimates on every available listing on the platform, so you can see the profitability of each property the moment you find it on the site.
Real Estate Heatmap
The Real Estate Heatmap is another convenient tool presented on Mashvisor. With its help, you can look for the most lucrative areas to invest in real estate. It’s not a secret that location is one of the keys to a successful investment.
The heatmap tool makes things easier than ever for real estate investors. In a matter of seconds, it analyzes different areas of the city based on the listing prices, cash on cash return, rental income, and occupancy rate. The heatmap’s main advantage is that you can see the visual representation of the results on the digital map right away.
Mashvisor’s Real Estate Heatmpa allows real estate investors to analyze different neighborhoods based on the listing prices, cash on cash return, rental income, and occupancy rate.
7 Other Investment Websites to Find an Investment Property
Certainly, demand creates supply. That is why there are plenty of other platforms you can consider while looking for your perfect investment property search website. Each one of them comes with its own pros and cons. Check out our review in order to understand which website suits your needs the best.
1. PropertyRadar
PropertyRadar is known to be a good client-oriented website for investment property searches. It’s proven by its TrustPilot page, achieving a decent rating. It analyzes listings in multiple locations by mixing up more than 250 criteria.
As a result, it creates custom lists for every investor, including their main requirements for an investment property. With PropertyRadar, you can create your own personalized lists with the properties you consider investing in.
However, the platform still lacks some tools that often become crucial in investment property search. With such a vast library of available listings, it would do no harm to also develop an expense calculator or a digital map with the hottest areas for investments.
Nevertheless, many users favor PropertyRadar due to its client-oriented approach and diverse investment property lists.
2. Roofstock
Another option worth considering, Roofstock allows you to choose among the certified rental properties and make your first investment based on the verified data. The platform offers potential investors a thorough and reliable analysis of the rental properties in the most profitable real estate markets.
However, Roofstock may not be for everyone, as it focuses primarily on single-family homes. Such a type of property is especially popular regardless of the real estate market. Prospective investors and homebuyers often prefer single-family homes for their comparatively low purchase price, manageable size, and thus a moderate level of expenses.
That being said, Roofstock is best suited for investors who are looking for single-family properties exclusively. Also, some users wish that it offers more convenient tools that will facilitate their search.
Related: Is Roofstock Legit? An In-Depth Review for Real Estate Investors
3. PropertyShark
Among the websites to find investment properties, PropertyShark stands out due to its accurate property records. The records contain all the information that might be useful in comparing several properties.
On PropertyShark, you can get such info as the owner’s name and address and the approximate expenses and taxes. You can also know the history of the property’s price and how it fluctuated over time.
In addition, PropertyShark offers some innovative assessment tools, such as the current state of the market you’re interested in, local demographics, and even the height of the nearest buildings. You can also find out whether the property that you’ve targeted is assigned for any of the current auctions.
PropertyShark mainly bases its research on New York City, where the local real estate market is constantly changing. With its unique and precise tools of analytics, the website facilitates the search for commercial and residential properties in NYC.
However, according to some users, PropertyShark sometimes includes outdated information on the presented listings. For instance, an already sold property may still be listed as available for purchase. For this reason, it’s better to double-check the data displayed on the website before signing up for your deal.
4. Fundrise
Fundrise is a website that can help you not only with finding the most profitable investment properties but also with creating your own portfolio. As soon as you’ve signed up, you get access to the investor’s dashboard. The dashboard includes key information, such as your returns, recent updates on your deals, and even a feature called auto-invest.
As an investor-oriented platform, Fundrise offers three investment packages with different sums of minimum investment. It means that you can still find a suitable property and become an investor even if your budget is limited.
Given its wide range of services, Fundrise targets different types of real estate investors who wish to expand their portfolios. Also, it comes with a convenient and smooth mobile app that constantly updates you on all your current deals no matter where you go.
Among the cons of Fundrise is its somewhat poor customer support. Many users find the lack of a phone number or a live chat option inconvenient. Nevertheless, you can always check the list of FAQs or contact Fundrise via email. However, in such a case, you’ll need to wait up to 24 hours for a reply.
5. CrowdStreet
CrowdStreet is another reputable website for finding an investment property. It provides users with a comprehensive overview of the displayed properties, including all important documents and attached expenses. The platform serves as a diverse marketplace of properties you can search by name, city, deal terms, eligibility, and more.
As soon as you make an investment, you get immediate access to your personalized dashboard. It gives you regularly updated info on your current deals, expenses, taxes, and sponsor details. In addition, CrowdStreet offers plenty of educational resources. They include informative articles and advice concerning different investment strategies, tactics, and more.
Notice that CrowdStreet requires a relatively high minimum investment. It means that the website may not be suitable for fledgling investors with a limited budget.
6. Rentometer
Being a new website for finding investment properties, Rentometer mostly focuses on the comparison of different listings within the market. It allows professional investors to analyze the current rent of their property to understand if they charge too little.
Rentometer compares your rent with other local investment properties and accurately estimates the market rate. Among the website’s advantages are its reliable and regularly updated information and the variety of aspects on which it bases its rent analytics.
The platform is extremely easy to use, even for inexperienced investors. Still, the range of tools provided by Rentometer is comparatively few. Also, interested users can find most of the information presented on the website online for free. However, it will take a lot more time and effort to do so.
Related: How Accurate is Rentometer? The Complete 2022 Review
7. Redfin
Redfin is a real estate property search tool that is known for inventing map-based market analytics. The innovation marked the start of the most advanced and latter-day instruments for an online property search.
The scope of tools provided by Redfin includes such innovative options as 3D walkthroughs of the presented listings. Due to this feature, you can conduct a realistic house tour of your desired property using only your laptop or mobile device.
A 3D walkthrough helps you with getting a rounded first experience with investment properties before checking them out in person. It’s impossible to disagree that the option saves an investor plenty of time.
However, there are some drawbacks that you need to consider. Innovative as it is, 3D walkthroughs still may not give you all the details you require to decide on your investment.
Also, Redfin lacks some of the universal tools for investment property analysis. So, if you need to calculate possible expenses or compare different real estate markets, you need to do some additional research.
Conclusion
Given the abundance of options, it may be difficult to search for websites to find investment property that will satisfy all your needs. Still, many real estate platforms are able to prove their usability, gaining the trust of investors over time. If you want to facilitate your search on all levels and save a lot of time, you can use the latest search tools offered by Mashvisor.
Modern, fast, and result-oriented, Mashvisor bases all its search results on the latest changes and updates within the real estate market. Due to its comprehensive analytics, it provides you with the most profitable listings in the areas of your choice.
Additionally, it offers such innovative features as the Investment Property Calculator and Heatmap, which automatically estimate additional expenses and risks that may occur during your deal.
In such a way, Mashvisor functions as a perfect fail-safe with multiple tools that can bring you closer to a profitable real estate investment.
To start using Mashvisor’s real estate investment tools now, sign up for a free 7-day trial, followed by 15% off for life.