Relying on a real estate investing app can have a significant impact on your decision-making process and help you generate higher profits.
Before we get into discussing the features of any investing app, it’s vital to note that they are not just meant for investors with a successful career behind them.
They are also an essential tool for those who are just stepping into the real estate investing business by providing them with a larger-scale picture of the current situation on the market.
Mashvisor’s real estate app is a renowned data analysis platform aimed at helping investors navigate the real estate market more easily and make a smart—and profitable—investment.
If you’d like to know more about the app, go over some of its compelling features, and check out some predictions based on Mashvisor’s collected data, don’t hesitate to scroll down.
We’re sure that, as you learn more about our tool, there will be features that you’ll find useful for your strategy planning—and you’ll see what makes our app the best soon enough.
Table of Contents
- What is Mashvisor?
- Mashvisor’s Features: How Can They Help You?
- BRRRR Strategy: Essential for Investors
- Pros and Cons of Using Real Estate Investing Apps
- Top 10 Cities for Investing According to Mashvisor
- When Is Mashvisor Best Used?
- Final Thoughts
What Is Mashvisor?
The main question is:
What is Mashvisor—and how does it help its users?
Mashvisor is a data analytics platform developed with the aim of helping real estate investors gain a more accurate, up-to-date insight into the real estate market and learn how to identify and invest in the most profitable locations.
A clear goal of this platform and its real estate investing app is to get users on the right track, show them how to invest in real estate, and indicate where they can expect the highest cash flow and return on their investment.
Who Can Use Mashvisor?
Mashvisor’s features are aimed at:
- Real estate investors
- Real estate agents and brokers
- Property managers
Real estate investors can take advantage of various features by using this app for investing in real estate.
For starters, beginner investors can learn a lot about the business and what is expected from them. Next, they can use data analytics features to examine the performance of the potential neighborhoods and analyze their return on investment.
Real estate agents and brokers may benefit from Mashvisor, too:
Our investment tool can assist agents in digital real estate marketing, getting qualified leads, and matching them with properties.
Last but not least, property managers can take advantage of Mashvisor’s features as well.
In short, Mashvisor’s app can help anyone find new opportunities for investing and help them expand their investment portfolio in no time.
Mashvisor’s Features: How Can They Help You?
Mashvisor’s real estate investing app boasts a wide range of features that make establishing a rental strategy and attaining profits from it much more manageable.
Let’s go through this app’s most powerful tools and features:
From the moment you enter Mashvisor’s main page, you’ll have the opportunity to research the real estate property you’re interested in purchasing.
After you’ve put in the information, the Investment Property Search will show you a couple of crucial statistics regarding the location as well as the following:
- The address
- Current listing price
- Traditional cash on cash return
- Airbnb cash on cash return
Mashvisor’s Heatmap is one of the most commonly used features. It helps users locate the most lucrative environment in which they can profit the most.
A color-coded overlay of properties gives you insight into Monthly Traditional Rental Income, Occupancy Rate, and the like and shows properties that meet your desired criteria.
Property Finder Tool
Locating properties has become a far more streamlined process with Mashvisor’s Property Finder. The tool is designed to help beginners and professionals locate profitable properties in more than one market.
It employs specially designed algorithms to identify major revenue and expense categories, and calculate net income and return rates, suggesting properties that match your interests and needs.
The Property Marketplace
Experienced real estate agents know that there is a high chance for attractive offers found off-market.
That’s where Mashvisor’s Property Marketplace tool comes in: It helps investors locate these properties and assess their profitability.
You have the opportunity to research through countless MLS properties, foreclosures, short sale properties, etc.
Mashboard acts as a secret tool of this investment platform. It helps agents identify qualified leads, locate (or list) off-market investment opportunities, get in touch with clients, or perform thorough research, among other things. And the best part?
You get to do it in one place, straight from Mashvisor’s dashboard.
Having access to all of that—and in one place, no less— means investors actually have the chance to make a well-calculated decision without wasting their time.
Real Estate Agent Directory
Buying—or selling—a real estate property requires knowledge, not just of the market but also of the property in question. Again, this could be a tough, time-consuming task for investors who are not yet familiar with the market they’re operating in.
Mashvisor can help in such situations. How?
By offering you access to our Real Estate Agent Directory—a database that helps investors connect with real estate agents all over the US.
Finding the experts for the job is made even easier with filters such as personal website, experience, areas serviced, etc.
BRRRR Strategy: Essential for Investors
BRRRR stands for Buy, Rehab, Rent, Refinance, Repeat.
The BRRRR strategy is widely used among investors in the US, and it has proven its effectiveness in generating passive income without requiring you to set aside significant amounts of cash for a down payment.
As you could’ve guessed, this strategy consists of several steps—or stages—that investors should be familiar with in detail before they decide to use them in practice.
Mashvisor has a say in this, as well.
Suppose you’re an investor looking for an affordable on- or off-market property that you’d like to incorporate into your strategy. In that case, you should allow Mashvisor’s calculator to do the math for you—and tell you whether that’s a fruitful idea or not.
For more information on how the BRRRR strategy works, check out our in-depth guide.
Pros and Cons of Using Real Estate Investing Apps
There are two sides to using any real estate investing app—meaning that, besides the pretty obvious benefits, there could also be things that the app just cannot help you with, no matter how good it is otherwise.
So, to give future users a realistic picture of using such investment tools, here’s an overview of what you may expect in terms of pros and cons.
By choosing to rely on an investing app instead of going with the traditional way of doing the necessary researching, you are also choosing time efficiency and accuracy.
A few years back, acquiring information about the real estate market was a time-consuming process. The reliability was questionable, as well, given the constant changes happening in the market—and most investors’ inability to keep up with them in real-time.
By using Mashvisor as your chosen real estate investing app, you won’t have to worry about dealing with inaccurate or out-of-date information.
All you wish to know about your investment strategy is just one click away.
If you’re looking to do some further reading, take a minute to scroll through our guide, Airbnb Rental Property Investment Strategy 101.
One common misconception regarding using an app for investing in real estate is the cost of these tools. A shared belief is that the commission may not fit everyone’s budget plan, which is often a concern among beginners.
To be fair, this depends on the app you decide to use.
With Mashvisor, the pricing is kept at a reasonable level, making it suitable for those who are just exploring the market, as well as experienced investors looking to expand their portfolios and make a sure and high return on investment.
Besides, you get to choose between Mashvisor’s Lite, Standard, and Professional Plan. For more information on pricing details, click here.
Minimal Personal Financial Advice
This aspect is most often treated as an obstacle that affects beginner investors.
Although real estate investing apps provide you with accurate information and can calculate your potential profit, you do not have the option of a face-to-face consultation with a financial advisor.
However, even if you are not able to have a real-life consultation with an expert, these apps can still provide some recommendations regarding the best ways to finance your investment strategy—which you can later check and discuss with an actual financial institution.
Although a financial advisor might not be within hands’ reach, you can refer back to our Real Estate Agent Directory, which is just as valuable.
Top 10 Cities for Investing According to Mashvisor
There’s no better way to put your assumptions in real estate investing to the test and prove them right (or wrong) than by using actual numbers.
One of the most significant advantages of using a real estate investing app—or Mashvisor in particular—is that in a short timeframe, real estate investors can come up with a selection of the most lucrative locations that correlate with their strategy.
While there’s a long list of factors that go into this equation, the cap rate is generally one of the most crucial indicators of whether a specific investment will turn out to be profitable for the investor.
With that in mind, let’s go over the ten most profitable locations for buying an investment property—be it a traditional rental or an Airbnb—in the near future, according to Mashvisor’s latest data.
Top 5 Locations for Traditional Rentals
As for traditional investing, i.e., investing in long-term rentals, these five US cities provide the highest returns, based on the data collected from our app for real estate investing.
- Traditional Cap Rate: 10.18%
- Traditional Cash on Cash Return: 9.25%
- Monthly Traditional Rental Income: $985
- Median Property Price: $307,690
- Price to Rent Ratio: 26
Spruce Pine, NC
- Traditional Cap Rate: 9.98%
- Traditional Cash on Cash Return: 9.78%
- Monthly Traditional Rental Income: $4,451
- Median Property Price: $448,018
- Price to Rent Ratio: 8
- Traditional Cap Rate: 9.97%
- Traditional Cash on Cash Return: 9.32%
- Monthly Traditional Rental Income: $1,373
- Median Property Price: $350,938
- Price to Rent Ratio: 21
- Traditional Cap Rate: 9.79%
- Traditional Cash on Cash Return: 9.20%
- Monthly Traditional Rental Income: $1,365
- Median Property Price: $240,000
- Price to Rent Ratio: 15
- Traditional Cap Rate: 9.67%
- Traditional Cash on Cash Return: 8.55%
- Monthly Traditional Rental Income: $720
- Median Property Price: $62,344
- Price to Rent Ratio: 7
Top 5 Locations for Airbnb Rentals
On the other hand, Mashvisor’s best app for real estate investing can also come in handy if you’re primarily focused on establishing—or even expanding—your Airbnb business by purchasing another property.
If you’re keen on the idea, here are the five cities with the highest Airbnb cap rates you should be looking up:
- Airbnb Cap Rate: 9.95%
- Airbnb Cash on Cash Return: 9.62%
- Monthly Airbnb Rental Income: $3,363
- Airbnb Daily Rate: $80
- Airbnb Occupancy Rate: 55%
- Median Property Price: $255,081
- Airbnb Cap Rate: 9.74%
- Airbnb Cash on Cash Return: 9.28%
- Monthly Airbnb Rental Income: $2,404
- Airbnb Daily Rate: $162
- Airbnb Occupancy Rate: 65%
- Median Property Price: $197,300
- Airbnb Cap Rate: 9.55%
- Airbnb Cash on Cash Return: 9.39%
- Monthly Airbnb Rental Income: $6,408
- Airbnb Daily Rate: $235
- Airbnb Occupancy Rate: 64%
- Median Property Price: $468,138
Wolverine Lake, MI
- Airbnb Cap Rate: 9.12%
- Airbnb Cash on Cash Return: 8.89%
- Monthly Airbnb Rental Income: $4,142
- Airbnb Daily Rate: $122
- Airbnb Occupancy Rate: 65%
- Median Property Price: $581,367
- Airbnb Cap Rate: 9.11%
- Airbnb Cash on Cash Return: 8.94%
- Monthly Airbnb Rental Income: $5,981
- Airbnb Daily Rate: $879
- Airbnb Occupancy Rate: 63%
- Median Property Price: $382,632
If you wish to learn more about cities that sparked your interest, make sure to use our Rental Property Calculator for accurate, efficient, and risk-free market research.
When Is Mashvisor Best Used?
Now that you have all the information in front of you, when is the best time for real estate investors to consider using Mashvisor’s tools?
And to answer that, we’d like to point out—once again—that Mashvisor can help you:
- Learn more about real estate investing
- Perform investment potential analysis at the neighborhood level
- Discover profitable investment properties
- Evaluate your potential return on investment
- Decide on the best rental strategy for a property
And even if you’re not 100% sure what kind of investment strategy you want to pursue, you can use our blog to scroll through informative guides on investing and market trends.
Add the fact that you can schedule a demo and get a complete overview of our investment app—along with some concrete tips for improving your investment strategy.
The point is:
It doesn’t matter at what point of your real estate investment journey you are at the moment. Mashvisor’s app can still provide crucial insight and offer valuable assistance in the process.
After doing a brief introduction of our platform, discussing the good and bad sides, and going over the features in detail, we’ve finally come to the end of analyzing Mashvisor’s real estate investing app.
Let’s go over our final thoughts on this matter.
First of all, it’s essential to note that the investing business has become less time-consuming and energy-draining now that you have apps that do the math and analyze data for you. And that’s true for any investing app, not just Mashvisor.
With that said, Mashvisor’s tools are a good fit for real estate investors, agents, and property managers looking for the best place to buy rental property and expand their portfolios.
Some of its compelling features like the Mashboard, Property Finder, and Rental Calculator, contribute significantly to the potential success of your future investments. We’re sure many of our current users can attest to that.
Mashvisor’s pricing is affordable—and the plans vary according to your personal preference, too.
Whenever you spot a profitable real estate property, Mashvisor will do the math and analyze the potential success; the data we’ve already collected and presented here speaks for itself.
There’s not much to add regarding this real estate investing app except:
Sign up for a 7-day free trial of Mashvisor, and begin your investment journey with us.