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Why Propwire is the #1 Alternative to Propstream for Beginner & Experienced Real Estate Investors

Jerry Norton

Aug 8, 2024

Your success as a real estate investor comes down to your ability to obtain real estate leads — how fast you can acquire them, how accurate the leads are — and doing all of this without spending too much money, time or energy. 

Sure, there are many proven ways to get real estate leads, but if you’re looking for a quick and efficient way — a way you can do from the comfort of your own home or office — the solution is real estate software. 

That being said, there’s so many real estate software platforms that can help you get leads today — Propwire and Propstream being two of them. 

If you’re a beginner investor, how can you choose the right one? 

Or, if you’re an experienced investor or real estate agent already using Propwire or Propstream, how do you know that you’re currently taking the best, most accurate, and most affordable approach? 

That’s what we’re here to do: break down Propwire vs Propstream, and explain why Propwire is the best alternative to Propstream (here’s a hint: you can get your first or next real estate deal using Propwire without spending a penny!).

If you’re ready to start or optimize your real estate business, keep reading! 

Propstream's Advantages & Disadvantages

An industry leading real estate platform, Propstream helps you identify leads, research properties, and market your leads, while offering several tools, like calculators, for real estate investors and real estate agents. 

It works like this: using their website or app, once you’ve found a property you’re interested in using their MLS dashboard, you can get more property details, such as:

  • property characteristics 
  • value 
  • mortgage & debt
  • location information 
  • and more

At first glance, Propstream’s tool provides tremendous detail — but so much detail that it’s overwhelming, especially if you’re a new real estate investor. 

You’ve probably heard the phrase “paralysis by analysis”, and that comes into play here. 

With so much information staring at you, it can be easy to get lost in the details of the property or even know where to begin — certainly a drawback of using their platform.

Once you have a list of leads that you’d like to download, the Propstream membership allows you to do so at a rate of 10,000 per month.

If you have another lead (even if it’s 10,001) that you’d like to export, you’re out of luck … (keep reading to learn more about Propwire’s unlimited downloads for free!).

So, how much do these Propstream tools cost?

After a 7-day free trial, you’ll be charged $99 per month. If you want to add another member of your real estate business to the software, it will come in at $20 a month per person. 

Propstream also offers add ons, such as their List Automator, which provides daily list monitoring, for $27 a month. 

If you find a property on the Propstream dashboard that you’d like to skip trace, doing so will cost 12 cents per skip trace — unless you have the List Automator add on. If you do, it brings the cost down to 10 cents. 

Whether you’re a new or experienced real estate investor, wouldn’t it be great to get similar tools to Propstream’s … but simplified? 

Wouldn’t it be great to get them for cheaper … or even free?

That’s where Propwire comes in. 

Propwire's Advantages & Disadvantages

With Propwire, you can search 157+ million MLS & off market properties — 100% free. 

That’s right — no strings attached. 

You can analyze any property in the U.S., get property & homeowner information, mortgage and transaction history, comparable sales and more for less than a penny. Propwire lets you search for 21 lead types, including:

Compared to Propstream, the Propwire dashboard is a perfect balance between informative and simple, providing you with the information you need to know to make an informed decision but not overloading you with too much data. 

Here’s how it works: if you find a property and you want to contact the owner to begin negotiation, you can skip trace for just 10 cents — cheaper than Propstream’s skip trace feature without its List Automator add on. 

Remember Propstream’s cap of 10,000 lead exports per month? 

Well, with Propwire, you don’t have that cap. 

That’s right: with Propwire, users get free & unlimited downloads! 

If you’re interested in more data & resources from Propwire, you can join the Propwire Gold Membership. 

It includes:

  • Propwire Data & Analytics
  • 2,500 free skip traces a month, which would otherwise cost you $250 without upgrading to Propwire Gold
  • Live small group coaching where you can join a zoom call hosted by a Propwire coach personally vetted by me. The coaches, who are individuals with extensive wholesaling experience and a substantial rental property portfolio, discuss deal analysis, creative financing, passive cashflow, finding buyers and more. They always leave time at the end of each class for Q&A’s, too! 
  • Investor resource library, which includes 20 years of documents from my personal education and experiences. These documents include option agreements, assignment contracts, SMS scripts, how to guides, an instant cash offer calculator and more. 

Propwire Gold is worth over $2,000, but you’ll pay just a fraction of that — $97 for your first month. This is $3.23 a day, and let’s be honest: you spend more on your morning Starbucks habit and that certainly doesn’t create financial freedom like this will!

That’s right — you can get loads of bonus real estate features, including coaching and resources, along with accurate and up to date lead data, for cheaper than Propstream’s features with Propwire.  

Get started with Propwire Gold. 

The Bottom Line: Propwire is the Best Alternative to Propstream

Whether you’re a beginner experienced real estate investor, you have many options today to get real estate leads. 

At the end of the day, you want to choose an option that is easy, accurate and affordable. From cost to the ability for unlimited lead downloads and much more, Propwire checks all of those boxes over Propstream. 

If you want to find your next real estate deal (without spending a penny!), get started with Propwire today. 

If you're curious how Propwire compares to other lead generation software, check out our Propwire vs PropertyRadar Guide and our Propwire vs BatchLeads Guide.