Samuel Leeds is a prominent property investor, a worldwide speaker, and a two-time best-selling book. Samuel is now the CEO of six profitable businesses and the owner of over £1 million in property across the United Kingdom. Thousands of individuals all around the world have been motivated by him to invest wisely and live better lives. He utilizes different Proptech Software to locate the greatest deals.
Proptech is gaining popularity worldwide, and the real estate sector isn’t far behind. By 2021, however, the UK will be the clear winner in the Proptech competition.
Property sourcing may be quite profitable, but it, like any other project, necessitates the use of capable tools, notably software that allows you to search bargains all over the Internet. You can locate, source, evaluate, and contact sellers from Rightmove, Zoopla, OntheMarket, Gumtree, and other sites from a single platform.
What Are Proptech Software And How Does It Work?
To begin, Proptech is a blanket term for new technologies that have been embraced in the real estate business and are driving the sector’s most major digital revolution.
This tool hunts for great real estate deals for you or to sell to another investor for a profit. Knowing how to recognize good property offers is one of the most critical skills each successful property investor has. So, before you do anything else, you should learn what constitutes a good real estate investment. A proptech system will take care of that for you.
Finally, a property sourcing agency collects property deals and then sells them to investors. The role of a property sourcer is to act as a go-between for the buyer and the seller.
Top 3 Property Sourcing Software Reviewed By Samuel Leeds
They provide you control over the automation’s power. You can search over 200,000+ Below Market Value options (Buy-To-Let, HMO, and BRRR) with ROIs of over 15% with the click of a button. The capacity to discover high-yield properties is the platform’s key feature. If you’re looking for buy-to-let discounts, DealSourcing.co is a no-brainer because they compute a yearly ROI for each property they list.
The technology also calculates the return on investment for each home on Rightmove and identifies homes for sale that are cheap, saving investors hours of research time.
Deal Sourcr browses websites like Rightmove and Zoopla for the greatest property offers around the country. It finds prospective HMOs (properties in multiple occupancy), lease option leads with negative equity, BRRR (buy, renovate, refinance, rent) options, and motivated sellers.
CREmodel assists investors in analyzing multifamily and apartment complexes, retail, office, industrial, and mixed-use property investment projects.
It specializes in producing quick-to-market reports for potential lenders and investors. It also works well as a real estate transaction analyst and flipping tool, with capabilities such as cost accounting and profitability analysis.
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. They estimate the cash flow for each contract without using a spreadsheet or calculator. Calculate your maximum offer, taking into account any fees, Stamp Duty, profits, or even the possibility of having to leave money on the table.
- Find High Yield properties by location
They looked at data from over 500,000 homes in England, Scotland, and Wales. Their major goal is to determine which postcodes have the highest buy-to-let yield.
- Find negative equity properties by location
If the value of a property is less than the mortgage secured on it, it is said to be in negative equity. They assist you in locating those offers based on your location.