As an investor agent, or as a buyer agent working with investors, finding investment properties can be a difficult task. Remine can help you identify off-market properties that can be worthwhile investment opportunities, whether they're suitable rental properties, Airbnb rentals, or flipping opportunities.
Below are the layers on the Discover map that will be most useful for you as an agent who invests, or has investor clients, in finding the best leads. When you layer these layers, you'll have a highly targeted list of results that you can track to keep an eye on important data changes. If you're ready to reach out right away, you can purchase owner contact information, focus your messaging, print mailing labels, and start investing!
See the What are the available layers? article to read about all the available layers in Remine.
The Absentee filter indicates if the owner doesn't occupy the property. A property with an absentee owner is likely rented out or sitting empty. Absentee status is determined by cross-referencing the property address and the owner's mailing address. If the two addresses differ, we display that the owner is absentee. The Absentee filter also identifies those absentee owners who live in state vs. out of state.
The benefits of this filter are twofold. First, you can target owners with campaigns to sell their homes. You can even tailor your messaging for in-state or out-of-state absentee owners. Renting out your home is particularly inconvenient when you live out of state, so you as an agent can speak to the owner's specific pain points when it comes to dealing with tenants and maintenance from hundreds or thousands of miles away. Second, you can target renters who may be ready to buy by door knocking or sending mailers.
Foreclosure status can be difficult to track down, unless you are paying for a specific service that specializes exclusively in distressed properties. Remine's Distressed Deals filter identifies the following states of foreclosure:
Note: The Distressed Deals filter is included with our Success and Pro plans.
Remine can help you find potential tear-down opportunities in just a few seconds, by using the Year Built, Property Value, and Home Equity layers. In this example, we target an area where homes commonly exceed $1m in value.
Apply the Year Built filter. A good parameter for potential tear-down opportunities is properties that were built before 1980.
Apply the Property Value filter. In an area where homes commonly exceed $1m in value, you'll want to identify properties that are worth less than $600k.
For more information about property values, see the How do we calculate property value? articles.
Apply the Home Equity filter. To find people that may be more motivated to sell, you can find property owners who have at least $500k equity.
By applying these layers, just in this visible section of the map, you've knocked down your list of opportunities from 517 (all properties) to 16 (properties that meet your criteria). Now that you have a clearly defined list of opportunities, you can contact those property owners, let them know that you have interested buyers, and encourage them to sell.
Track the properties. In the upper right corner, click Track All and then create a label. The following are some suggested next steps: