03.17.2025 PropStream
| Disclaimer: PropStream does not guarantee profitability or financial gain. Individual results will vary and are influenced by numerous factors, including, but not limited to, personal experience, market conditions, marketing strategies, and the quality of leads pursued. While PropStream provides tools and data to support lead generation and outreach, the effectiveness of these tools depends on how they are utilized. |
Between the promises of financial freedom and the allure of ditching your 9-5, it’s no secret that real estate is a sought-after industry for those determined to remove their earning limitations, build generational wealth, and generate passive income. However, because the real estate industry offers so many opportunities and avenues to explore, competition is stiff, making the right tools crucial for success.
Whether you're an investor, agent, property manager, or somewhere in between, being able to find the right properties, analyze deals quickly, and market effectively is vital. That’s why in this post, we’ll walk you through seven real-world ways real estate professionals are using PropStream to reach their goals—and how you can do the same.
Let’s jump right in.
Use Case #1: Finding Off-Market Properties Before the Competition
One of the biggest challenges for real estate investors is finding deals before they hit the MLS and all of their competitors become aware of them. With PropStream, you can do just that.
You simply:
- Choose a target city or zip code.
- Filter for distressed properties like pre-foreclosures, tax liens, or vacant homes
- Pull the owner's contact information
- Create a cold-calling or direct mail list.
This method helps you connect with motivated sellers before the public even knows the property is available, helping you find below-market inventory and significantly reduce your competition.
Use Case #2: Evaluating Deals & Running Comparables (Comps) Efficiently
Making smart offers starts with knowing a property's true market value. PropStream’s built-in real estate comps tool makes it easy to use MLS and public record data to uncover a property’s estimated value in seconds.
To run comps in PropStream, you can:
- Select a property
- Click on "Comps & Nearby Listings."
- Adjust your filters (like distance, sale date, or property type)
- Generate a professional CMA report.
With this data at your fingertips, you can accurately estimate ARVs (After Repair Values) and submit competitive, confident offers.
Related: What Is ARV in Real Estate? + How to Calculate It
Use Case #3: Finding Absentee Owners Interested in a Quick Sale
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Absentee owners—landlords who don't live in their properties—are often open to selling, especially if they've been managing long-distance or strenuous tenants.
PropStream lets you:
- Filter for absentee owners
- Focus on those with high equity (over 50%)
- Pull direct contact information for outreach.
This strategy is an excellent way to find off-market deals that others might miss.
Related: How to Find Absentee Owners with PropStream
Use Case #4: Identifying Pre-foreclosures and Other Financial Selling Motivations
When owners fall behind on their mortgages, they often need a quick solution, or they may face foreclosure and take a significant hit to their credit. This scenario makes pre-foreclosure properties one of the highest-motivation lead sources.
With PropStream, you can:
- Search for pre-foreclosures easily using the designated Lead List
- Review mortgage balances and liens
- Reach out before the property officially goes to auction.
This lets you offer win-win solutions that help homeowners avoid foreclosure—and help you secure a great deal. In addition to pre-foreclosure leads, you can use PropStream to find properties with liens, homeowners facing bankruptcy, and tax-delinquent property owners.
Related: What Is the Difference Between Pre-foreclosure and Foreclosure
Use Case #5: Automating Follow-Ups & Lead Nurturing
Finding leads is only the first step in acquiring a new client or deal. Following up consistently is what converts those leads.
PropStream makes it simple to:
- Save leads with the "Favorites" tool
- Set reminders for follow-ups using the built-in CRM
- Launch automated direct mail campaigns to stay in touch.
With automation, you’ll stay top of mind with homeowners without spending hours manually managing your pipeline.
Use Case #6: Helping Contractors & Investors Estimate Rehab Costs Accurately
Knowing your rehab costs upfront is critical, especially when flipping properties.
PropStream helps you eliminate guesswork, making it easy to:
- Pull detailed property information (year built, size, condition)
- Use the Rehab Estimator Tool to calculate potential renovation expenses
- Compare similar flipped properties to understand local expectations.
This ensures you budget accurately and protect your margins before you even make an offer.
Related: PropStream Feature Spotlight: Rehab Calculator
Use Case #7: Helping Lenders & Investors Analyze a Property’s Financial Viability
If you’re borrowing from private lenders or working with partners, you’ll need solid numbers to back up your deal.
With PropStream, you can:
- Review mortgage and lien histories
- Run a full comparative market analysis
- Export polished property reports to share with lenders.
This makes it easier to get financing approvals and move your deals forward faster.
