Thursday, May 4, 2023
HomeReal Estate WholesalingHow Does It Work? (2023 Version)

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.


What Is InvestorLift?

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.


What Does InvestorLift Do?

InvestorLift review what does it do

InvestorLift claims to simplify property acquisition for wholesalers, rehabbers, and property buyers. It does that via a set of instruments and options resembling:

The Property Part

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.


investorlift review god mode

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.


How Does InvestorLift Work?

InvestorLift is a cloud-based actual property software program designed to assist actual property buyers like wholesalers handle their properties and investments via automation. The software program gives a spread of instruments that enable customers to trace their provides and inquiries, analyze potential offers and carry out different duties associated to managing and increasing an actual property portfolio. This platform’s key options embrace property administration, deal evaluation, monetary monitoring, and investor collaboration.

As soon as customers are logged on, they’ll start to ease the journey towards closing profitable offers by importing their offers and importing their purchaser’s lists. The property part on InvestorLift permits them to add primary itemizing information and incorporate as many footage, movies, and 3D property walkthroughs as they should make their listings stand out within the sea of patrons out there on InvestorLift. Alternatively, the deal evaluation function permits wholesalers and different buyers to make use of the platform to investigate potential actual property offers, together with the potential return on funding and the potential dangers.

There is a person part on the dashboard too, the place registered customers can add and collaborate with their digital assistants, property managers, and different actual property professionals related to their every day work. InvestorLift additionally boasts a leads part you may combine along with your deal’s web site. Consequently, all leads captured via lead seize types and different lead technology strategies on an built-in web site are robotically added to InvestorLift with out the person having to do it manually.

The built-in SMS and e-mail options simplify lead outreach. GodMode places buyers on prime of their recreation by permitting them to evaluate different buyers of their goal space, the properties they’re promoting, how a lot they’re promoting them at, and even how lengthy they have been available on the market. There’s additionally the analytics part that permits buyers to simply monitor their provides, earnings, and the way advertising campaigns are performing.

InvestorLift works by easing each step of lead and deal technology, from discovering patrons to guiding them down the gross sales funnel. Want extra clarification? Their workforce has been featured on podcasts resembling Actual Property Disruptors, explaining the way it works. Loads of tutorials present how one can carry out varied actions on InvestorLift’s YouTube channel.


InvestorLift vs Opponents

investorlift review competitors

Here is how InvestorLift fares towards the competitors:

InvestorLift vs PropStream

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


InvestorLift FAQ

What Is The InvestorLift Pricing Mannequin?

investorlift review pricing

The billing info on is kind of restricted. From the essential info out there on their Purchase Now Web page, the platform provides an annual subscription at $5,748. customers can embrace further skip hint and SMS credit at $250, $500, or $1000.

What Is The Major Goal Of InvestorLift?

In response to their web site, the first goal of InvestorLift is to assist actual property buyers resembling wholesalers, rehabbers, and others to purchase, promote, and fund their funding properties quicker and extra effectively. It achieves this by offering customers with complete, user-friendly software program to streamline the acquisition course of for off-market properties. The important thing options of InvestorLift work collectively to realize this goal.

What Is The Goal Viewers Of InvestorLift?

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.


Is InvestorLift Price It?

investorlift review is it worth it

InvestorLift is a complete software program with options to assist wholesalers and actual property buyers flip extra contracts and purchase extra offers. It connects customers with patrons primarily based on scores and provides the whole lot they want for profitable lead technology, together with deal-tracking instruments, outreach instruments like built-in SMS, and excellent itemizing options.

Nevertheless, there are more practical and worthwhile methods to ramp up your funding enterprise, particularly with a price ticket of over $5,000 yearly. Understand that this doesn’t embrace the recurring value of promoting that shall be required to be able to proceed to generate leads with the platform. However whether or not or not it’s price it depends upon your particular wants and targets and the way you propose to make use of it. 

Until you might have loads of extra cash to spend on varied software program and a strong advertising price range, we first suggest tapping into the one and solely free software program you want to create an limitless circulation of actual property offers, which is the native a number of itemizing service (MLS).

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!

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