REIPro ReviewDec 16, 2021
Our Review of REIPro
Investing in real estate can be a challenging and time-consuming venture. It involves hard work, a strategic mindset, and relentless effort to succeed in this industry. Even seasoned real estate investors know that the whole process, from generating potential leads, cultivating relationships with motivated sellers to securing hot deals, is not something you can achieve without any outside help.
If you have been searching for reliable and functional real estate software to help you optimize your investing business, then you may have heard of REIPro.
- What Is REIPro?
- REIPro Software Features and Benefits
- How Does It Compare Against Competitors?
- REIPro Software FAQ
- Is REIPro Worth It?
What Is REIPro?
REIPro is a built-in platform specifically designed to help real estate investors with their lead generation and marketing endeavors. The software has recently been receiving a lot of attention from both real estate professionals and industry critics. It also became a game-changer for several real estate investors. REIPro was created by software engineering expert Bo Manry and real estate authority, Chris Goff.
With REIPro, you can search for different types of properties, including vacant properties, bank-owned, pre-foreclosures, and lots of absentee owners. You can utilize this platform to create direct mailing campaigns as it offers 90 free postcard templates and 20 free letter templates for you to choose from.
In addition, REIPro can also help you scrutinize your transactions with its deal analyzer feature, enabling you to make more informed business decisions. It is certainly a one-stop shop lead-generating and CRM platform dedicated to setting you up for success.
REIPro Software Features and Benefits
Listed above are some of the main features of this dynamic software. If you are interested in learning about everything that REIPRo has to offer, let’s take a closer look at each of its features.
Since you have access to several listings and their respective prices, you can run a financial analysis that will help you during your negotiations. With REIPro, you can estimate the essential repair costs of a particular property and derive its resulting value with the help of various calculation tools.
The system also offers you several inspection forms to help you examine a potential deal. By analyzing several scenarios, you will be able to make an informed investment decision, increasing your chances of getting maximum profit from a possible sale.
REIPro also helps you consolidate all of your real estate investment transactions in one place. You can organize and manage your files anywhere and anytime, making you more productive in the process.
Property Lookup and Information
With this feature, you can search for properties that meet your investment criteria. Some of the categories you can choose from include:
- Bank-owned properties
- Vacant properties
- Lots with absentee owners
- Free and clear properties
- Cash buyers
- High and low equity properties
- Properties with trusts owners
With REIPro, you can connect with investors in other parts of the country, enabling you to widen your network and establish fruitful relationships with other industry professionals.
If you are new to real estate investing, this feature can help you execute the essential tasks expected from an investor. The software has a 10-step workflow system that will guide you throughout the entire investment process. Every real estate lead has its own workflow, so you don’t need to guess what you need to do next.
In addition, using the workflow system feature, you can get the vital contact information of potential sellers and buyers, including their names, email addresses, phone numbers, landline numbers, and ages. You can also access the mortgage amounts and tax information of other listings from all 50 states.
Regardless of how many real estate leads you’ve generated if your marketing strategy is ineffective, then all your efforts are futile. With REIPro, you can craft tailored marketing campaigns and efficiently send them to potential investors through an integrated mail system.
It also allows you to keep track of your marketing campaigns which you can later review and analyze. This will help you adjust your marketing strategy and make it more appealing to your potential leads.
Aside from generating leads, REIPro also enables you to manage all your prospects in one secure platform. You don’t have to go through the hassle of using several tools just to find motivated sellers.
With the help of REIPRo, you can effectively find the leads that match your needs and process all of your real estate transactions without switching from platform to platform. Finding and managing leads certainly became easier with REIPro.
Marketing plays a big part in the overall success of your real estate business. You need an effective marketing strategy to gain the attention of motivated sellers. Another appealing feature of REIPro is its marketing library, where you can access more than 90 professional, attention-grabbing postcard designs, letter templates, emails, flyers, checklists, budget sheets, special reports, and other essential marketing tools.
These materials can help you stay ahead of your competitors. Moreover, you can also upload your own materials into the platform without paying an additional charge.
With this feature, you can effectively reach your leads and build tailored-fit campaigns. You can craft multiple marketing campaigns based on your needs and preferences. What’s great with this software is that it doesn't restrict you on what you can do and how you want to do it.
You can add leads to your campaign anytime you want to, print letters at your own convenience, monitor all of your mailed postcards, export your lists, efficiently send postcards with their in-house printing service, follow up a campaign, and even take note of those campaigns you no longer want to pursue.
REIPro also has a service called LISTMaid that can tidy up your lists, reducing the chance of your emails being returned due to the wrong contact information.
Real Estate CRM
Every real estate investor knows the importance of good customer relationship management software or CRM when it comes to managing their transactions. REIPro is a real estate CRM platform that enables you to manage your leads, properties, buyers, marketing campaigns, and other data in one centralized software.
MLS Comparable Sales
Using REIPro’s MLS Comparable Sales feature, you can get crucial data from MLS sales data, the county recorded sales and MLS sales prices in all 50 states. They are updated daily, and you can view up to 10 years’ worth of tax history information and mortgage amounts.
With your investing team, you can efficiently streamline your real estate investment process and filter out which deals will reap the most benefit.
Another appealing feature of REIPro is its search functionality. You can quickly find properties depending on your investment needs. Aside from the basic data, you can also access the potential equity of the property as well as its estimated value.
You can filter your search based on the property type, potential equity, price, property attributes, owner types, bedrooms, comps, transaction history, and many more. This information can help you with your marketing campaigns so you can make them more unique and interesting to your prospects.
Premium Phone Search
With their premium phone search feature, you can easily locate property owners using their email addresses, landline, and phone numbers.
In real estate investing, skip tracing is regarded as one of the fastest ways to get in touch with your prospects. If you want your real estate investing business to thrive, you need an effective and reliable way to get in touch with your prospects.
With REIPro’s skip tracing feature, you can locate the owner's contact information from either multiple leads in bulk or from a single lead. There is no maximum limit on your searches, and you can get up to three landline numbers, three mobile numbers, and all your prospective lead email addresses.
Some of the integrations available include Google Suite, Trello, Podio, HubSpot CRM, Squarespace, WordPress, Microsoft 365, Slack, and ClickSend.
By connecting your other applications with REIPro, you can be more efficient and productive with your real estate investment endeavor.
How Does It Compare Against Competitors?
To keep this review as balanced as possible, let’s take a closer look at REIPro’s alternatives or competitors. While some of them may offer similar features, they are still different in most aspects.
REIPro vs Realeflow
Like REIPRo, Realeflow allows real estate investors to generate leads and analyze profitable deals. Realflow includes a lead manager, a personalizable, and a complete CRM.
Their pricing plan starts at $75 a month, which is good for one user, while their team package is priced at $175 monthly. While most of the reviews for this software are positive, some critics noted that the direct mailing feature is not as fast compared to other software.
REIPro vs Podio
Podio is another CRM tool used by several brokers, realtors, and agents. With Podio, you can automate your workflows, arrange your meetings and viewings, ensure that you won’t miss any of your appointments, record all your contact details, manage your property listings and link them to prospective buyers.
REIPro vs REI BlackBook
REI BlackBook CRM’s solution is configured to work alongside your sales and marketing tools so you can transform your potential leads into profitable deals.
Some of REI Blackbook’s features include easy lead generation, analytics tracking, property finder portal, one-click marketing, property analysis tool, and social media ads integration.
REIPro vs ListSource
ListSource can be the ideal tool for investors who strongly rely on direct marketing lead lists. With ListSource, you can discover homeowners, search properties, target prospects, and generate seller leads. You can also build a target mail-list based on your focused audience.
REIPro vs PropStream
PropsStream is another real estate software designed to help investors, agents, and brokers on their investing ventures. Some of the software’s features include MLS Data, Nationwide Reach, Target Marketing, Real Estate Comps, Skip Tracing, Deal Analyzer, Cash Buyers, and Rehab Estimator.
With these features, industry professionals can efficiently streamline their processes and focus more on essential tasks.
REIPro Software FAQ
If you are still undecided if REIPro is the right real estate software for you, here are some commonly asked questions about this product.
How much does REIPro Cost?
REIPro offers its potential users a 14-day free trial period. After that, you can choose from three pricing plans; standard plan, standard plus, and team plan. You also have the option to be charged monthly, quarterly, or yearly.
The standard plan, suitable for a single user, costs $97 per month, while the standard plus costs $129 and can be used by five users. The team plan is good for up to 10 users and costs $197 every month.
How often is REIPro updated and where do they get their data from?
REIPro updates their data every morning from Monday to Friday, so you can be assured that the information you’ll get is accurate and reliable.
They also get their information from county tax assessors and courthouse records.
How do you use REIPro?
With REIPro’s workflow system, you don’t need to worry about what you need to do next. Even first-time real estate investors can efficiently execute their tasks without any professional help as the software will guide you step-by-step.
REIPRo helps you keep track of your leads so you can secure more deals. Additionally, there are also educational videos you can watch in every section that can help you become more proficient and knowledgeable as a real estate investor.
How do I cancel my REIPro subscription?
Should you decide to cancel your subscription, you just need to go to your account settings, then click on the Billing Tab. Afterward, go to the close account link under the subscription area and follow the steps indicated. You also have the option to reactivate your account after closing it.
How can I reach out to REIPro customer service?
If you need to reach their customer service, you can call 800-639-1918 from Mondays to Friday EST. Their friendly customer service agents are always ready to assist you with your concerns.
Is REIPro Worth It?
When done right, real estate investing can be a lucrative business endeavor. REIPro was created to make almost everything easier for real estate industry professionals.
From generating leads, connecting with motivated sellers, managing potential transactions, sending out curated marketing campaigns, scrutinizing contracts, and closing deals, REIPro can significantly help you save valuable time and resources so you can concentrate on the more important aspects of your real estate investing business.
*Disclosure: Real Estate Skills is not responsible for the information provided by REIPro or on its respective website. REIPro is an independent company which provides real estate services to investors. Real Estate Skills trains on using REIPro and the benefits of using the service but is not responsible for the content it provides.