Are you a real estate investor looking to take your business to the next level? Then you won't want to miss this guide to PropStream's hidden lists and filters.
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In this blog post, we'll share insider tips and tricks for uncovering PropStream's hidden features and using them to find the best properties for your investments.
Whether you're a seasoned pro or just starting out, these techniques are sure to help you maximize your use of PropStream and boost your success in the real estate market. Let's get started!Back to top
Why are New or Secret lists and Filters Advantageous
PropStream's hidden lists and filters can give you a significant advantage over other investors by providing access to specialized or targeted opportunities that may not be known. These lists and filters can help you find properties that are not widely known about or that may have been overlooked by other investors.
By using these lists and filters, you can uncover properties that have the potential to provide higher returns on your investments or that fit your specific investment criteria.
Knowing how to find some of these less common lists and settings can help train you to think of other ways to use Propstream more effectively. Learning just a few ways to stack lists can help you find sellers or houses with multiple points of motivation.
This will lead you to better deals with possibly less competition. Or at a minimum, give you better data so that you know the best places to focus your efforts when trying to get in front of the sellers.Back to top
Propstreams Hidden Features
Propstream is a very popular product with really robust help area on their website. With that being said there are still a lot of unknown or hidden features that go under the radar. Knowing a few of these features will greatly increase your chances of finding deals at lower costs.
Propstream List Stacking
One of the most popular subjects when it comes to building lists these days is list stacking. It's essentially a way to take several lists, compile them together and see which owners are on multiple lists. In general, the more lists a seller or property is on the more motivated they will be. The nice part about Propstream is that you don't have to export your lists to a separate spreadsheet or stacking software. It does this for you already a couple of different ways. Most people aren't aware of this.
Multiple Filters Simultaneously
The first way to find out who is on multiple lists you might have is to simply utilize multiple filters at the same time. Grab an equity list then add some custom filters. For example, add tax delinquencies then add bankruptcy. Each time you add a filter it narrows the list down even further. Meaning the property must be on multiple lists to be shown. Save the list and name it in a manner that helps you know the list is a combination of multiple motivations.
Create Several Broad Lists with only one filter
One of the nicest things Propstream does is allow you to pull the same property data multiple times without counting it against your total limit for the month. This means if you pull an entire zip code for say just equity then pull another filtered list within that zip code the houses that are already in the first list will end up in your second list but it won't eat your credits. Use this to create several lists within an area.
Start with a specific area (for this we will call it area 1) and add one filter criterion such as equity. Then you will add one motivation filter (such as absentee owner) to that current list. Save the list as area1-absentee. Now remove the absentee owner filter keeping all the others. Add a second motivation filter (maybe liens). Save this list as area1-liens. Continue doing this with as many as you like.
Once you have several lists you can click into anyone of your lists and choose a property. Once that row is selected you will be able to see how many other lists that same property is on. The more lists a property is on the more likely they will have motivation.Back to top
Propstreams Hidden Lists
Just as there are many features that fly under the radar. The same can be said for lists. Propstream has so many filters and methods to create lists that some of the most tried and true lists get missed, simply because there are so many ready-made lists available. Utilize a little outside-the-box thinking and you will have yourself some hidden lists that very few are using.
How to Find Failed or Expired Listings on Propstream
Faile listings are listings that did not sell to a new owner that was recently listed and are no longer listed. Propstream keeps this data in the failed listings quick list. This will include expired listings as well as canceled or properties no longer listed for whatever reason other than being sold.
Propstream Zombie Properties List
This list is also now a quick filter. Zombie properties are generally considered properties that are in pre-foreclosure and also vacant. Before the quick list you could use both the vacant houses list and then add a pre-foreclosure filter. Now you can simply click the zombie properties quick list filter and this list will auto-populate for the area you target.Back to top
Propstreams Lesser Known Filters
As Propstream grows, they are constantly adding new features and better data. This makes new features often go unnoticed. The following filters are some of the better filters that seem to still fly under the radar.
Water and Utility Shutoff Lists
This is filter is under the Lien/bankruptcy section and then under the specific lien dropdown. Look for Utility Lien. This filter will include anyone that has a lien for utilities such as power and water.
Once the lien goes on the record its likely that it's outstanding and that the utilities are off.
Propstream Tax Delinquent or delinquency Filter
Tax Delinquent is a filter under the quick list filters. Very simple to use and you can add other criteria to the filter once you choose the quick list.
Propstream Probate Properties
The Probate list within Propstream is technically a pre-probate filter. It's somewhat newer so not used or known that well. Look under the quick list area it's near the bottom. These lists are generally before the probate gets filed, so it's very early in the probate process.
Tired Landlords is now a quick list feature. It's a great filter to use for looking for properties to Brrrr. These properties are non-owner occupied landlords for more than 15 years.Back to top
PropStream's hidden lists and filters can be a valuable resource for real estate investors looking to find the best properties and maximize their investments. By using these secret features, you can gain access to specialized opportunities and advanced filtering options that may not be available to the general public.
Whether you're a wholesaler, flipper, agent, or buy and hold investor, these hidden features can help you save time and effort in your property search and find the perfect investments for your portfolio. By using PropStream's hidden lists and filters, you can gain a competitive edge and improve your chances of success in the real estate market.
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