Last Updated on June 16, 2023 by Rental Recon
Click Button to Apply Your Mashvisor Promo Code:
So what’s the Mashvisor promo code? You will get 20% off your first subscription to any of Mashvisor’s plans, including Lite, Standard, and Expert! Just use the link below to access this discount. In addition to the promo code, you’ll still get a free trial for signing up.
What is Mashvisor?
Mashvisor is a tool that helps investors search for properties that would be profitable as short-term vacation rentals. They scour data from all over the US to find rental hotspots with favorable real estate markets. Mashvisor offers 4 tiers of plans, starting with their most affordable Lite plan all the way up to the pricey but powerful Professional plan. Each tier offers a few more features than the last, and there is one for everyone’s budget and needs.
Mashvisor is not a channel manager, but it works great in conjunction with one such as Smartbnb. It is more focused on the real estate purchasing side of vacation rentals and less on the operations side of things.
The company was established in 2014 with the goal of helping investors find short-term rentals and optimize their performance with real estate data. Mashvisor is focused on delivering informative analytics to empower investors to make decisions that are best for their investment. They have developed an interactive system that provides neighborhood and property insights.
What Does Mashvisor Do?
Mashvisor is an online data analytics company that compiles reports designed to help people decide where the best place to buy their next investment property is located.
They focus specifically on properties being purchased with the intent of turning them into short-term rentals. Mashvisor offers its users to search a national database of properties for sale and compile information on short-term rentals in the area of each property.
The plans on Mashvisor.com also come with a varying number of Smart Property Recommender cities so users can refine their searches even further. Users can refine their search on Mashvisor.com using filters like Cash on Cash (CoC) Return, cap rate, budget, as well as minimum beds and baths, year built, square footage, and total rental income.
The other data types shown on Mashvisor.com include occupancy rates and income (crucial for determining whether or not a property will be a successful vacation rental) and historical market performance so you can see if a property or area is trending well on the site.
This information is essential for investors searching for properties on sale. For their pricier plans (Standard and Professional) Mashvisor offers comp data export features with Excel so users can share property information with others in a secure and concise way. These exports do come with additional fees of their own on Mashvisor, some quite expensive (up to $500 a month extra!), but not everyone will need to use them.
Be sure to check out more about how Mashvisor works!
How Much Does Mashvisor Cost (Without Promo Code) And What are Their Plans?
Mashvisor has four different plans that come in at significantly differing price points. While each of their functions and capabilities does differ a bit, the Standard plan is the best Mashvisor plan, in my opinion, because it offers the best value.
Lite Plan
The Lite Plan comes in at $17.99 per month and builds on the functions of the Starter plan while adding data heatmaps as well as sales and tax history for the property.
Standard Plan
The Standard Plan is $49.99 per month and most notably adds the capability to have customized email alerts sent to you.
Professional Plan
The Professional Plan is most expensive, coming in at $79.99 per month with unlimited Smart Property Recommenders.
In any case, you’ll get 20% off your subscription price by using the promo code at the top of the post!
Check Out Our Other Articles on Rental Recon:
- Airbnb EV Charging Stations: A Good Idea for Hosts?
- Airbnb Vending Machines: Good Idea for Hosts?
- The Best Streaming Services for Airbnb (2023): Top Entertainment for Your Guests
How Would I Know Which is the Best Mashvisor Subscription for Me?
The best Mashvisor plan for you depends entirely on your own background, needs, and knowledge of investments. On Mashvisor.com, they provide a detailed list of tools and features that each subscription offers and you can match up your needs with each Mashvisor subscription before choosing your subscription. However, Mashvisor makes it easy to change your subscription straight from your account. So, if the first one you chose after using your Mashvisor discount code is not a fit, the site makes it easy for you to find one that does.
Below are some differences that sets Mashvisor apart from other similar companies.
Mashvisor has several very affordable plans. You do save a little money if you choose annual billing versus monthly, but monthly carries very little risk as you can cancel anytime. Speaking of plan options, there are many to choose from and there is sure to be at least one that fits your needs. You can go low-cost just to try it out, or all in with the Professional plan if you’re ready to get serious about your investment strategy. Mashvisor has data offerings that are pretty comprehensive. Either way, with the verified promo code at the top of the post, you will save some money with the 20% off discount code off on any of the subscription plans with Mashvisor.com.
All of the plans with Mashvisor include a nationwide property search feature, so you’re not limited to just one or two markets of data. Finally, Mashvisor.com has pretty stellar customer service and can be reached by email, social media, and even phone, which is very uncommon amongst online companies these days. Unfortunately, Mashvisor lacks a few key features you might be looking for in a short-term rental data company.
Mashvisor does not offer dynamic pricing suggestions or any pricing suggestions at all. This is in contrast to related companies like AirDNA which help rental owners decide how to price in a way that suits their market area. Mashvisor is only focused on the real estate purchasing side of rental properties, not the operations or day-to-day aspects. Some won’t mind this, but others might want more of an all-in-one product. Be sure to get your promo code before you sign up with the Mashvisor site. This verified promo code is only available to Rental Recon readers.
Mashvisor Pros and Cons
Mashvisor Pros:
Mashvisor has several very affordable plans. You do save a little money if you choose annual billing versus monthly, but monthly carries very little risk as you can cancel anytime.
Speaking of plan options, there are many to choose from and there is sure to be at least one that fits your needs. You can go low-cost just to try it out, or all in with the Professional plan if you’re ready to get serious about your investment strategy.
Mashvisor’s data offerings are pretty comprehensive. All their plans include a nationwide property search feature, so you’re not limited to just one or two markets of data. Finally, they have pretty stellar customer service and can be reached by email, social media, and even phone, which is very uncommon amongst online companies these days.
Cons of the Mashvisor Platform:
Unfortunately, Mashvisor lacks a few key features you might be looking for in a short-term rental data company. They do not offer dynamic pricing suggestions or any pricing suggestions at all. This is in contrast to companies like AirDNA which help rental owners decide how to price in a way that suits their market area.
Mashvisor is only focused on the real estate purchasing side of rental properties, not the operations or day-to-day aspects. Some won’t mind this, but others might want more of an all-in-one product.
Be sure to get your Mashvisor promo code before signing up. This is only available to Rental Recon readers:
Applying Your Mashvisor Promo / Coupon Code Online: What Happens Afterwards?
Once you apply your verified Mashvisor discount code onto the website, you will receive 20% off afterward on any of the subscriptions Mashvisor offers on their site. This includes their Lite, Standard and Professional plans.
In addition, when you sign up with Mashvisor with the promo code, you will also receive a 7 day free trial with any plan you choose, that way you can make sure that the subscription you chose matches up with your investment needs and budget.
Users will also have access to the collection of articles on Mashvisor.com, all of which aim to highlight the tools and features that the site offers. Mashvisor users will also have access to a great customer service team to help with any issues you may have with your subscriptions.
How Should I Price My Vacation Rental / Airbnb?
If only we knew, right? Well, actually, we kind of do. There are some general guidelines in place to help people decide what to charge, especially during peak seasons like the summer, and of course, there’s always good old trial and error. The name of the game is flexibility and finding out what works for you. The biggest issue I see is when people don’t account for the work that they themselves perform as hosts. Your nightly rate is your wage for X amount of hours that you put in to maintain, clean, and market your rental property. Are you even making minimum wage? If not, time to rethink your strategy.
Some people feel they need to pay themselves very little, especially when they’re just starting out and trying to stay competitive. However, this could not be further from the truth! You’re not worthless just because you’re new to the game.
If you were a cleaner, would you work for the wages you’re paying yourself as a host? What about a laundry service? Landscaper? If you’re not pricing in a way that’s fair to yourself, you aren’t doing it right!
This is not to say that pricing competitively is a bad idea. Don’t sell yourself short, but don’t lose out on bookings because the guy next door is always a few dollars cheaper a night. Be sure to emphasize what you offer your guests in your listing description. Any extra amenities (especially uncommon ones like allowing pets or children) should be front and center so guests know they’re getting a deal.
Changing your prices around and seeing what works is a great way to get to know your market as quickly as possible. People might be willing to pay more on weekends or during a peak season, like the summer. They might also be more inclined to choose you if you offer some last-minute deals to keep your occupancy up.
