This week I spoke with Josh S. who’s been using Propelio for five months. Josh has completed numerous deals, with the help of Propelio, and has kindly agreed to tell us more about how he’s used Propelio to help his real estate investing business.
I’m a real estate investor and have been investing for about six years now. My investment strategy is typically flipping, and working on wholesale deals, depending on where I’m at with my other jobs. I’m always busy, and this strategy fits with my lifestyle. Propelio has been instrumental in helping me to complete 22 flip deals. I’ve also completed numerous wholesales deals, so many I can’t even begin to guess a number.
Ease of use, and speed is crucial to me, and one of the reasons I like using Propelio is that I much prefer its interface, and property filtering system compared to the MLS portal that I used before I discovered Propelio. What used to take me fifteen minutes now takes me a few seconds. What used to take me hours, now takes minutes. It’s awesome, and saves me a lot of time which I can use to focus on other areas of my business. I like the fact that I’m in complete control of the full deal process too. I don’t have to rely on a third party to get me comps, and I don’t have to wonder if the comps were accurate. I can see with my own eyes comparable sales, and select only the ones I think are appropriate to a deal I’m working on.
In total, I spend about an hour a day using Propelio. Typically, I like to split my time between getting comparable sales data, and finding deals on undervalued properties. The Propelio interface makes it much quicker and easier to find deals and comps compared to other systems I’ve used in the past.
One of my most successful deals to date was found thanks to Propelio. I made about $40k in just 2 weeks. I found a property using Deal Alerts, and wholesaled it a couple of months back for a massive ROI.
I’m often putting in offers on properties for flips and wholesaling, but I plan to open another branch of my business soon with owner financing. I’ll be continuing to use Propelio and think it’s a great resource!
Case studies, and examples are exceptional results, may not reflect the typical Propelio users experience, don’t apply to the average person and are not intended to represent or guarantee that anyone will achieve the same or similar results. The Company is not responsible for any errors or omissions in case studies information provided to it by reputable third parties using the software.