9d (edited) • General discussion
🏠PropStream as a propety evaluator.
What is PropStream?
PropStream is a real estate data and lead-generation platform. It aggregates nationwide property data (both on-market and off-market), and gives tools for:
- Property search & filtering (160+ million properties) (PropStream)
- Comparable sales (“comps”) and market analysis tools (PropStream)
- Lead lists & lead generation (off-market leads, distressed properties, pre-foreclosure, absentee owners, etc.) (PropStream)
- Skip tracing (finding contact info for property owners) (PropStream)
- Marketing tools: postcards, emails, landing pages etc. (PropStream)
- Additional tools like rehab/ADU calculators, demographic data, etc. (PropStream)
- Lead Automator (automated monitoring of property lists, alerts, etc.) (PropStream)
Key Benefits & Value
Here’s what you get by subscribing; what makes PropStream valuable:
- Access to Huge Data Pool
- Targeted Lead Generation
- Off-Market Opportunities
- Marketing & Outreach Tools Integrated
- Efficiency / Automation
- Decision Support
- Training and Support
Limitations & Things to Watch Out For
To be fair, it’s not perfect. Depending on your use-case, some of these might matter more than others.
- CostThe subscription isn’t cheap, especially for higher-tiers or when you want large numbers of “saves/exports” or skip tracing. If you’re only doing a few deals per year, the cost may outweigh the extra deals you get. (PropStream)
- Data Accuracy Varies by MarketPublic records / MLS data can lag or be incomplete, especially in regions/counties with less digitization. Contact info may be outdated. So there’s always some risk / validation work. (Real Estate Skills)
- Learning CurveBecause it has lots of features and filters, setting it up effectively can take time. If you don’t put in the effort, you may not get full value. (Leni)
- Cost of Marketing / Outreach Still RealEven with skip tracing, postcards, etc., you’ll still invest time and money to follow up leads. PropStream gives the tools, but converting leads is another step.
- Competition / SaturationOther investors may also use the same data sources. So just having data doesn’t guarantee deals. How you act on that data matters.
- Some plans include free skip tracing; some require add-ons. (PropStream)
- Free trial (7 days) with some free leads (~50). (PropStream)
Who Should Consider It
PropStream is best suited for:
- Real estate investors who do multiple deals per year and can leverage off-market lead generation.
- Wholesalers, flippers, people who need to find sellers rather than just buyers.
- Real estate agents who want to grow their pipeline or find leads beyond standard MLS listings.
- Anyone who values data-driven decisions and is willing to use the tools fully (not just glance at them).
2
1 comment
🏠PropStream as a propety evaluator.
skool.com/california
Your insider pass to California’s real estate investing scene — connect, collaborate with a powerful network.
Leaderboard (30-day)
1
+16
2
+1
3
+1
Powered by