Many people still think of Birmingham as the first industry and manufacturing city in the world. Today, the UK’s second city has been converted into a place of culture, green and open spaces and is greeting companies from the UK and worldwide.
Nowadays, Birmingham is known for being one of the youthful cities in all of Europe, with nearly 40% of the population under the age of 25. This is likely due partly to the 75,000 students spread over 5 universities in the city.
If you’re looking for properties in Birmingham we suggest you try with the help of property deal sourcing software or also known as PropTech Software.
But what is PropTech Software and how does it work?
In the first place, PropTech, it’s a blanket term for new technologies adapted in the property market which are impulsing the biggest digital development of the real estate sector.
This type of software searches for great property deals, either for you or to sell to another investor for a price. One of the most crucial things you need to know that any successful property investor knows is how to find good property deals. So before anything else, you need to know what makes a valuable property deal. A proptech software will do that work for you.
Top 3 Property Sourcing Software For High Yield Properties in Birmingham
Puts the power of automation in your hands. Search over 200,000+ Below Market Value deals (Buy-To-Let, HMO and BRRR) with ROIs above 15% with the click of a button. The key feature of this platform is to find High Yield properties. They calculate an annual ROI of each property they listed, it’s a no brainer to have DealSourcing.co if I am looking to buy-to-let deals.
The software also calculates the return on investment for every property on Rightmove and locates below market value properties for sale, saving investors hours of time spent on research.
Deal Sourcr scrapes sites like Rightmove and Zoopla to find the best property deals in different areas of the country. It identifies potential HMOs (houses in multiple occupancy), negative equity leads for lease option agreements, buy, refurbish, refinance, rent (BRRR) opportunities and motivated sellers.
CREmodel helps investors analyze multifamily properties and apartment buildings, retail space, office space, industrial properties, or mixed-use property investing projects.
It excels at generating quick-but-professional reports for prospective lenders and investors. It also serves as an excellent real estate deal analyzer and real estate flipping software with particular cost accounting and profitability analysis features.
For us, DealSourcing.co will be our primary suggestion to start
The Top 3 More Useful Use Cases of DealSourcing.co:
- BTL & HMO Deal Analyser
Say goodbye to all your property spreadsheets. For each deal, they calculate the cash flow, without the need for a spreadsheet or a calculator. Work out your maximum offer, including any costs, Stamp Duty, profits, or even if you have to leave money in the deal.
- Find High Yield properties by location
They’ve analyzed the data of nearly 500,000 properties across England, Scotland and Wales. Their primary mission is to find the highest buy-to-let yield for each postcode.
- Find negative equity properties by location
Property is in negative equity if it’s worth less than the mortgage secured on it. They help you find those deals by geographic location.