The short answer is that you should use Mashvisor if you are doing research in a space, it will save you a lot of time.

In fact, Mashvisor says you can turn 3 months or research into 15 minutes using their software. That’s a huge time-saving.

Here’s a closer look at the three core areas Mashvisor helps property managers/investors with:

Optimizing rental income – Firstly, as I touched on above, you’re not able to calculate the best price to rent your properties out for without good market data. Mashvisor collects all the key data points required to calculate nightly rates for your properties.

Furthermore, you can see how much you ‘could’ make per night, in a week, a month, and further afield at a glance.

Mashvisor calculates rental prices for both Airbnb and traditional listings. This data provides a useful comparison because not everyone can or wants to use Airbnb.

Understand local markets – Secondly, understanding local markets is important if you’re to understand how to price your properties and whether or not you should buy a property in a given area.

Mashvisor provides a lot of detailed data into markets. You can scroll neighborhoods via an interactive map and click into properties to see all the key stats.

You can then drill down on rental price, expenses, cashflow, cash-on-cash, payback balance, and more. Everything you need to make an informed decision on how much profit a property would make you.

Save time – Thirdly, and this is the big one, especially if you intend to grow your portfolio of properties.

Mashvisor saves you time in many areas, namely by providing;