Propelio Review 2024
With the help of our in-house editorial team, our platform’s members and external subject matter experts, this comprehensive review of Propelio real estate software became possible and available for free to those considering this solution!
In this review we evaluated Propelio’s features, plans, pricing and other important aspects to help our readers make a more educated purchase decision.
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What Is Propelio?
Propelio is a cloud-based real estate investor software that helps entrepreneurs find potential on- and off-market properties across the U.S.
As a predominantly lead generation platform, Propelio is equipped with several tools that help users find and buy more properties, including driving for dollars and purchasable leads lists.
In addition to lead generation, the platform also offers property analysis (MLS comps), marketing services such as direct mailing and website building, and skip tracing services.
What Is Propelio Used For?
Propelio offers a range of services helping you with lead generation, marketing, and lead management. The following are some of the ways investors can use this platform.
- Driving for dollars — Thanks to the Propelio mobile app, users can drive around neighborhoods locating distressed properties and homes likely owned by motivated sellers. Users can add the properties to their account in real-time, accompanied by the property’s images and notes.
- Route tracking — The driving for dollars module tracks and logs the routes you’ve taken while trying to find properties to wholesale or buy. It helps you avoid driving through the same streets.
- Lead lists — Besides driving for dollars, users can generate leads by searching directly on Propelio. Users can search and filter the results by property type, county or zip code, and owner types.
- MLS comparable sales — This real estate investment analysis tool provides investors with real-time data on properties that have recently been sold. The investor can then use the data to evaluate their property of interest.
- Skip tracing — Users can find the contact information (phone number and email address) of a property owner with a click of a button.
- Website building and design — By using Propelio, you can build a marketing website to capture leads online. The site features a unique domain name, customizable forms, and a mobile-optimized interface.
- Direct mailing — The platform enables users to send personalized real estate wholesaling postcards to contacts on your leads lists. You can add a photo of the property and a custom message.
- Lead management — This service keeps all your property and deals information in a single centralized hub. Investors can add and track leads, attach relevant docs, and view completed deals.
- CRM integration — Although Propelio lacks a proprietary CRM for real estate wholesalers and investors, the platform lets users integrate their data into one tool by using third-party integration (Woolpert API).
Propelio Users Breakdown by Specialty
Is Propelio Legit?
Yes. Propelio is one of the well-known and legitimate apps for real estate wholesalers and investors.
The company that has been in service since 2014, with physical headquarters in Arlington, Texas.
Since then, the platform has grown popular, receiving high ratings across Google and iOS app stores and thousands of downloads.
Propelio also has a strong social media presence, particularly on Facebook, Instagram, and YouTube, where users are updated on new features and taught how to use the platform.
In terms of security, Propelio is safe as all data is encrypted and all user accounts are protected. Propelio also doesn’t sell your information to any third parties.
Propelio Customer Reviews
Propelio Pricing
Propelio is not free; the platform offers a flexible monthly subscription model that is suitable for solo investors as well as teams.
There are currently three subscription options that have been based on the number of features you get.
Driving For Dollars
This is Propelio’s most basic plan, and it costs $29/month.
As the name suggests, this plan only provides users with a driving for dollars software which includes:
- Route tracking
- Real-time property photo upload and note taking
- Skip tracing
- Real estate investor direct mail marketing (via postcards)
This subscription plan is suitable for novice entrepreneurs and part-time real estate investors.
Marketing
To use this plan, you have to pay a monthly subscription fee of $49.
By paying the fee, you will be able to access the services in the driving for dollars plan as well as the following additional features:
- unlimited marketing websites
- domain and hosting
- built-in web reports
- pre-built customizable lead-capture forms
- built-in SEO tools
- website training (digital marketing, PPC advertising, Google SEO, and more)
Pro Plan
In the most advanced plan, users can enjoy all the features offered in lower plans and the following additional services:
- instant MLS comps
- daily leads (5000 per day)
- lists of hard money lenders
- cash buyer leads
- property leads
- lead management
To subscribe to the Pro plan, users have to pay $98/month.
Propelio Coupon & Promo Codes
Propelio Features
Lead Lists
Propelio contains a massive online property database that is constantly updated from the county and national records.
In the database, users can find homes to flip or wholesale that suit their business model thanks to advanced filtering and property categorization.
You can narrow your search to specific counties and zip codes. Users can also filter searches by different owner types, including:
- absentee and out-of-state owners
- bank-owned
- trust-owned
- owner-occupied
The platform also lets users filter property by equity (high, low, free and clear, and upside down) and types of property.
Investors can also use this feature to find hard money lenders who’ll help scale the business. You can find lenders in your target region and sort them by the number of deals completed.
If you need to find real estate investors online to wholesale a property to, the Leads List tool lets you search for cash buyers and filter them by the number of deals they’ve completed.
MLS Comps
Analyzing properties within an area is a key aspect of investment and wholesale real estate lead generation.
With Propelio’s MLS comparable sales tool, users can access MLS comps reports instantly with a click of a button.
To use this feature, simply find a property you want to evaluate and click on the Comparative Sales tab.
The platform will then generate comparative marketing analyses of similar properties in the area highlighting the following key property details:
- Google Maps integrated street and satellite view
- size (sq. feet) and year of build
- tax information
- most recent deed information
- number of days in the market
- integrated rental information for lease comps
- property images
- pending sales
Since its launch, Propelio has been used to generate nearly 800,000 comparable sales reports.
Driving For Dollars
Propelio lets you generate motivated seller leads through driving for dollars (D4D) without leaving your car.
With the platform’s mobile app, you can drive around ‘hot’ neighborhoods while tracking the entire journey on your phone.
Besides tracking all the routes you took, Propelio also tracks the distance covered, the time consumed, and the history of your D4D trips.
The D4D tool also comes with a real estate skip tracing module to help users find a property owner’s phone number and ring them while still on the trip.
Like with similar real estate platforms, Propelio’s skip tracing software for real estate investors works on a per-result basis. This means you’ll have to pay for successfully skip-traced results at the following rates:
- Driving plan: $0.30/successful result
- Marketing plan: $0.27/successful result
- Pro plan: $0.15/successful result
Direct Mailing
When skip tracing potential leads, you won’t always find the owner’s phone. But you may still have their address.
With the direct mailing feature, you can create beautiful postcards and send them to the owner. The postcard should be personalized and contain all essential information, including:
- An image of the property
- Your name and phone number
- A short message
Like the skip tracing function, sending postcards also requires separate fees based on your subscription plan:
- Driving plan: $0.80/postcard
- Marketing plan: $0.72/postcard
- Pro plan: $0.40/postcard
Website Builder
Propelio lets users build marketing websites to capture motivated seller leads online.
A website is an excellent tool for investors as it acts as a central hub where leads can find out about their offers and how to reach them.
Propelio’s web builder features a unique domain name and lets you view traffic and form reports. It offers mobile-responsive design and hosting services.
There is also free web training across several web-related topics such as:
- real estate email marketing software
- digital marketing fundamentals
- first-page content
- social media marketing
- Google SEO
- pay-per-click advertising
To build your website, you’ll first have to fill out a quick questionnaire. After that, you’ll be presented with customizable site templates based on the type of property you’re buying/selling.
The templates contain lead capture tools that are automatically integrated when you launch the website.
Lead Management
Propelio lets you add lists manually or from your daily Propelio lead lists into a real estate investor CRM. But it doesn’t end there.
Users can move leads forward in the property acquisition process, track progress, add and manage team members, add notes and links, and attach relevant documents — all in one place.
If you have a team, the lead management tool acts as a one-stop shop for resources for all members. The tool also lets you assign tasks and track members’ progress.
Propelio Academy
The platform offers online learning resources including training videos from renowned real estate investors and YouTube tutorials from company reps.
Dozens of courses are also available, with Propelio releasing a new course every month.
Propelio Pros and Cons
Pros
- Propelio is affordable and offers good value for the money for both new and established investors.
- The website builder is intuitive and easy to use even for users with no experience in building and designing websites.
- Propelio is easy to use and has a slight learning curve for first-time users.
- MLS comps are accurate as records are updated after every 15 minutes.
- The platform has a mobile app which helps users easily find motivated sellers by driving for dollars.
- There are numerous software demos on the platform to help users navigate this tool for real estate investors.
Cons
- Virtual driving for dollars is not supported, meaning, you have to physically drive around neighborhoods.
- The MLS comps feature is only available for nine states and even within these states, not every city and county is covered.
- The website builder only has three design templates and they’re quite basic.
- According to users, the driving for dollars app can get glitchy while driving around.
Propelio Integrations
- Woolpert
- Google Maps
- Google Workspaces
- Print Genie (for postcard printing)
- Skip Genie (for skip tracing)
- HubSpot
- Google, iCal, and Outlook calendar
Propelio Alternatives
Propelio Achievements
Awards & Recognition
Best CRM for Real Estate Wholesalers (Awarded by Real Estate Bees)
Press & Media
Propelio FAQs
Does Propelio have a free trial?
Yes. There’s a 14-day free trial period where you can test out the platform and decide whether it’s suitable for you.
Note that users are required to add their credit card to enjoy the free trial.
How many clients does Propelio serve?
There is no information on the number of customers Propelio has.
Still, the platform has been downloaded more than ten thousand times and has received thousands of reviews across Google and iOS stores, indicating a huge user base.
Who founded Propelio?
Propelio was founded in 2014 by two business partners: Daniel Moore and Nate Worcester.
Daniel, who has a strong background in real estate investing, currently runs the company as Managing Director.
Meanwhile, Nate is the technical brain behind the platform, thanks to a background in computer science.
Nate doesn’t have any managerial roles within the company but is recognized as a co-founder.
What is Propelio’s customer service number?
We couldn’t find information on Propelio’s customer service number. However, the company provides a support email where users can reach them: [email protected].
What is the Propelio cancellation and refund policy?
Propelio offers refunds when you cancel your subscription within the first 30 days. You can reach out via the company’s email and request a refund for the month.
There are no refunds when you cancel any other time.
Instead, if you cancel after the first month, you’ll be able to access the platform’s services until the next billing date when access will be revoked.
What awards and recognitions has Propelio received?
We couldn’t find information on awards or recognitions the platform may have received.
Propelio Tutorials & Training
Is Propelio Worth It?
Well, that depends. The driving for dollars subscription plan may be worth it for those predominantly interested in D4D as a form of lead generation for real estate investors.
For the advanced subscription packages, the platform may not be worth it since the website building tool is quite expensive compared to self-hosting on WordPress.
The website builder for real estate investors and wholesalers also comes with only three templates. These are too few and may limit the type of marketing sites you can build.
Overall, the platform can work well for new investors, but for companies and experienced investors Propelio may fall short in a few business management aspects.
Propelio Contacts
- Website: Official website
- Phone: N/A
- Email: [email protected]
- Address: 1224 W Arkansas Ln Ste B, Arlington, Texas, 76013, US
- Socials: Facebook, Twitter, Instagram, YouTube
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About the Author:
With over 20+ years of experience in real estate investment and renovation, Brian Robbins brings extensive knowledge and innovative solutions to the HouseCashin team. Over the years Brian has been involved in over 300 transactions of income producing properties across the US. Along with his passion for real estate, Brian brings with him a deep understanding of real estate risks and financing.