COSTAR or REIS? Pros and cons?

[Carlos Casanueva]

Which one do you prefer? Or neither? Pros and cons of each? Can you pull up a list of off-market multifamily properties based on specific parameters? Or should you use another software like ProspectNow for that?

[James E.]

@Carlos Casanueva I think you can get away with not having co-star or reis accounts starting out. If you need reports or data pulled out, there are freelancers on sites like upwork.com that you can hire to pull and send for pennies on the dollar. If you're looking for multifamily owner info, I HIGHLY recommend agentpro247.com for pulling lists. The interface is clunky but it provides a lot of value for the price in terms of the lists and data you can pull. Usually the bigger multifam's will be owner by an LLC or trust. So what I do after I get the list is have another freelancer off of upwork go and check each LLC against the state's sec. of state website and pull down the LLC manager name and registered agent. Then you can skiptrace for the manager's / RA's mailing addresses and start marketing your face off.