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Updated 2 months ago on . Most recent reply

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Matthew Brown
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32
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Propstream worth it for client outreach?

Matthew Brown
Posted

I run a small STR property management business. I have about 10 doors (started with 2 a couple months ago), I have been trying the farm technique with Realestate brokers in my areas but I want another route. I have thought about reaching out to cash buyers who have a decent sized portfolio about possibly managing their STR/MTR homes. For anyone who has experience with this, 1) is this a good route to take? 2) would propstream be the best tool for this?

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Andrew Steffens
Pro Member
#3 Short-Term & Vacation Rental Discussions Contributor
  • Tampa, FL
1,842
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Andrew Steffens
Pro Member
#3 Short-Term & Vacation Rental Discussions Contributor
  • Tampa, FL
Replied

I have not used Propstream but have used BlueTent and Vintory etc and I did not yield good results - based on ROI - for anything. The best way IMO is organic, I average about 2-5 contacts per month. A lot of that is referral based or people find my site online, organically. Going to networking events to network with Realtors, Mortgage, Title etc all helps. It is a lot of work and I understand you want to "pour some gas on the fire" but likely you will just be setting cash on fire.

  • Andrew Steffens
  • [email protected]
  • 813-563-0877
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