How Does It Work? (2023 Version)

Actual property investments like wholesaling are a good way to construct wealth and safe your monetary future. Nevertheless, discovering and managing property offers is the exhausting half. With the market consistently altering, buyers want to watch, analyze, and handle properties repeatedly.

Fortunately, we’re within the fashionable age, the place the appearance of digital instruments has considerably streamlined the cycle of property investing.

InvestorLift software program has varied instruments and options that make it easy for wholesalers, home flippers, realtors, and different actual property gamers to handle their REI ventures.

This text will dive deep into the options of InvestorLift and the way it fares towards the competitors.

InvestorLift is a software program designed to assist actual property buyers enhance their wholesale property deal circulation and investments. It incorporates a vary of instruments that enable actual property buyers to trace their earnings and bills, generate leads, analyze potential wholesale offers, and carry out different duties that simplify the funding lifecycle.

The software program was designed for wholesalers however can also be marketed to home flippers, actual property professionals, and common property buyers.

The property part on InvestorLift shows all properties a person has beneath contract. It has instruments set to simplify property advertising for its customers considerably. Customers can add their listings for advertising. As soon as a property is up, the next tabs pop up:

• Pictures: Permits InvestorLift customers to add as many footage of their funding properties as wanted to draw patrons
• Movies: Customers also can add movies of the property to supply potential patrons an much more detailed overview of the funding property
• Matterport: InvestorLift integrates with MatterPort, which means customers also can add 3D walkthroughs of their funding property to allow patrons higher visualize the type and situation of the property, thereby motivating them to purchase
• Paperwork: InvestorLift customers can publish their buy agreements, project contracts, and different paperwork pertinent to the funding property to indicate patrons that the whole lot they want for a quick closing is prepared
• Handle: Anybody within the property can request the handle beneath this tab. It additionally features a part requiring them to agree that they shall conduct all inquiries relating to the property solely via the itemizing investor, not the proprietor. This protects the itemizing agent or wholesaler’s offers from getting stolen
• Provides: Shows all provides for that individual itemizing
• Comps: Exhibits all comparables for that particular property

These options make itemizing administration seamless for buyers, notably wholesalers with a number of properties on contract since they’ll simply replace itemizing info, evaluate provides, and market their listings.

GodMode

GodMode is the title of one among InvestorLift’s most hyped-up options. It provides customers a complete view of the actual property market inside a focused space. It helps procure an inventory of patrons which have lately acquired funding property inside a person’s goal space, together with detailed details about every property, resembling the acquisition value, common sale value, and even the common maintain time.

GodMode additionally has filters like distance, sq. footage, and the variety of baths and beds a property has. This permits customers to slender their search to incorporate properties that match their funding portfolio. The end result? Any person trying to buy actual property wholesaling properties within the space can evaluate the actual property efficiency prematurely to find out whether or not or not they need to put money into that space. Ought to they resolve to go on and buy the property, particulars out there in GodMode, resembling the acquisition and common sale value, enable them to precisely decide how a lot to spend on an funding property in that space. 

In a nutshell, GodMode helps customers make knowledgeable choices about their goal funding areas, the properties and in the end allows them to maximise their returns on investments by solely investing in areas with one of the best actual property efficiency potential.

One other noteworthy function of GodMode is the record of patrons in that space. Every wholesale purchaser receives a rating primarily based on the variety of properties they’ve bought within the space, the value they paid, and the value they ended up promoting. This allows customers to search out the most certified patrons for his or her funding properties within the space.

One of the best half is that every purchaser’s itemizing contains their contact info, additional simplifying reaching out. The accuracy of every purchaser’s contact information is questionable, so proceed with warning. Customers also can export these patrons lists to CSV from GodMode and attain out at their very own tempo. Concurrently, they’ll additionally share their listings with patrons in the identical space, which accelerates closing since they’re technically advertising them to buyers round them.

Learn Additionally: 7 Finest Markets To Wholesale Actual Property

Constructed-In SMS and Emails

The built-in SMS and e-mail function on InvestorLift permits customers to ship and obtain textual content messages straight throughout the software program. This function allows customers, for example, wholesalers, to speak with patrons and sellers in real-time from contained in the software program. Consequently, this ensures they reply to stakeholders on time and creates a centralized level of reference for the longer term. However that is not all.

The person also can schedule SMS blasts, so their advertising messages are despatched out to leads after they’re more than likely to be responsive. In a nutshell, InvestorLift’s built-in SMS and e-mail advertising streamlines communications and reduces the executive burden related to SMS and e-mail advertising on separate platforms. It additionally permits wholesalers to enhance the general contact expertise.

Try this fast video beneath that talks about how one can ship e-mail and SMS blasts utilizing InvestorLift!

Learn Additionally: Wholesale Actual Property E mail Template: (ULTIMATE) Information

Skip Tracing

InvestorLift additionally features a skip tracing function. It permits customers to search out the contact info of potential leads seamlessly. This function serves a wide range of functions for wholesalers, resembling:

InvestorLift’s skip hint perform may also be built-in with different options like e-mail and SMS, enabling customers to contact potential leads shortly. They’ll additionally pair it up with mapping instruments to search out potential actual property wholesaling properties in a specific space.

Intuitive Interface

InvestorLift has an intuitive dashboard that anybody, from first-time actual property software program customers to seasoned ones, can simply navigate. As soon as logged on, you are instantly welcomed by a dashboard displaying shortcuts to all related analytics.

For example, it contains analytics resembling new actual property offers, new provides, new patrons, delivered emails and their open charges, common open home RSVP per property, accepted provides, and new leads. You may customise the dates in order that solely analytics from particular durations seem on the dashboard. The remainder of the options on InvestorLift are well-displayed on the left facet, just under the dashboard tab, for seamless entry.

Each are actual property software program for buyers to simplify property and funding administration. InvestorLift provides a spread of instruments, resembling property administration, deal evaluation, and person collaboration. PropStream, then again, is centered on knowledge analytics. It provides a wealth of market knowledge on actual property properties from varied sources, together with the MLS.

It’s primarily used for skip tracing, property analysis, and advertising. The important thing distinction between these two software program is that whereas InvestorLift is extra of an all-around actual property acquisition administration software program, PropStream focuses on offering knowledge and knowledge for lead technology and market evaluation.

Learn Additionally: PropStream Evaluate

InvestorLift vs DealMachine

DealMachine is primarily centered on serving to buyers discover and purchase new properties by driving for {dollars}, then skip tracing, utilizing junk mail and automatic follow-up. It additionally has a property analysis instrument. However in a nutshell, each software program has totally different strengths.

Whereas InvestorLift is healthier fitted to scraping leads in markets across the nation, DealMachine is extra geared towards discovering new funding alternatives at an area degree whereas driving a neighborhood. Every caters to totally different wants, relying on which facet of investing you prioritize extra.

Learn Additionally: DealMachine Evaluate: Is It Price It?

InvestorLift vs REI BlackBook

REI BlackBook is concentrated on serving to buyers handle and develop their networks of contacts. It has options resembling lead technology, automated follow-up, advertising campaigns, and a CRM to trace your community shortly.

In different phrases, whereas InvestorLift helps purchase new leads and offers for wholesaling and funding, REI BlackBook appears to have a extra sturdy system for relationship constructing and lead administration.

Learn Additionally: REI BlackBook Evaluate

InvestorLift vs REI Professional

REIPro is primarily a CRM software program centered on lead and deal administration. it’s a full-featured instrument to handle leads and monitor offers and contains options like activity administration and reporting.

In different phrases, whereas InvestorLift is concentrated on funding administration, REIPro focuses on the CRM function, enabling customers to handle, nurture leads, and monitor communication historical past. Each software program has overlapping functionalities however can complement one another if used collectively.

Learn Additionally: REIPro Evaluate

InvestorLift vs RESimpli

REISimpli is extra property evaluation software program that enables buyers to shortly analyze properties and potential offers and carry out property valuations.

As with REIPro, each software program has overlapping functionalities and may complement every other- InvestorLift will ease funding pipeline administration, whereas REISimpli provides an in-depth evaluation of potential offers.

Learn Additionally: REsimpli Evaluate

The target market of InvestorLift is primarily actual property buyers like wholesalers and rehabbers. It has options that assist them simply discover leads, resembling GodMode, permitting them to see what different buyers of their goal space are as much as. Nevertheless, in addition to buyers, the software program is useful for actual property brokers as it might assist them determine potential patrons and sellers, analyze market traits of their areas of operation and keep on prime of the actual property market.

In a nutshell, the target market of InvestorLift is especially actual property buyers in search of off-market offers and are keen to spend hundreds of {dollars} per thirty days in promoting bills. It’s not geared towards buyers who’re in search of lower-cost, much less dangerous acquisition methods, such because the MLS. 

How To Use InvestorLift?

The platform is designed to be intuitive, with clear navigation and a well-organized interface that makes it straightforward for customers to entry the instruments and options they want. As soon as a person is registered and logged on, they’re welcomed by the dashboard. It serves because the central hub of entry to the assorted options and necessary analytics such because the supply and open price of their e-mail campaigns and the variety of provides generated.

Just under the dashboard is the customers’ part, the place registered customers can add anybody they need to collaborate with. Subsequent is the leads tab, the place all lead-captured via an exterior deal web site are displayed. Under it’s GodMode, analytics, properties, property inquiries, patrons, provides, settings, group, and information base tabs.

Each tab unlocks the options customers want to simply navigate the world of lead technology and actual property property administration. Nevertheless, ought to you might have problem utilizing it, take a look at the step-by-step tutorials on their YouTube channel.

How Do I Cancel My InvestorLift subscription?

How one can cancel an InvestorLift subscription depends upon your subscription’s particular phrases and situations and the corporate’s billing and refund coverage. Nevertheless, customers trying to cancel usually go surfing to their accounts>settings>subscription/billing sections, the place they will comply with the prompts to unsubscribe efficiently.

It is also price noting that one might have to succeed in out to the InvestorLift buyer help workforce to cancel if the steps above do not work.

Try our brand-new free coaching on how one can leverage the MLS to acquire a stream of funding property leads with out spending a greenback on advertising. We’ll cowl the finest supply of offers that may complement any CRM or mission administration software program. See you there!