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Updated about 2 years ago on . Most recent reply

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Cory Ray
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Options on Investment software

Cory Ray
Posted

Hey everyone,

Ive been currently looking at investment softwares for trying to find leads. There's so many of them. I'm starting to get a little overwhelmed on which to go with. I'm leaning more towards propstream but would just like opinions. Please let me hear your feed back. Thanks 

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Ariel Herrera
  • Rental Property Investor
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Ariel Herrera
  • Rental Property Investor
Replied

Deciding which software to go with depends on the type of leads you are looking for as well as data quality. Softwares can have differing "freshness" of data based on locations they support.

For example, one software may update their pre-foreclosure list for Akron, Ohio 1x a week and another 1x a month. The more up-to-date or "fresh" data the better. More up-to-date data can allow you to be one of the first individuals to reach out to a lead. Thus, a higher conversion rate. By trialing these softwares for a given region before committing to one you can make a direct comparison on data quality.

If you are just starting out, then I'd recommend to go free first and extract leads directly from public and/or county websites. This can also help familiarize yourself on the manual process before deciding what the best automated / scaled process is.

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