Looking for some high level info on how to approach building such a database. My intention is to create debt origination opportunities. Looking at one product type (say industrial) in a single county in a state, there are over 9,000 properties on costar. So where do you go from here? Whats the best approach in reaching out to owners and what has been successful for you in getting owner info? Appreciate any help here, thank you!
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Anybody here use Reonomy as a prospecting tool? Any feedback?
bump- anybody here use Reonomy?
I've tried it. As a smaller firm can't really justify their costs plus costar, when a lot of the info is the same. I've also found a lot of inaccuracies just because of how their data is gathered, whereas costar's is verified.
Did you use it primarily for comps or as a prospecting tool and getting owner info? Were the inaccuracies in the property info?
Prospecting, the inaccuracies were in contact information, or sometimes they'd say something was a multifamily property and it'd be a single family home. One of our properties (shopping center) was listed as an apartment building and on top of that had contact info for the prior owners.
What do use now for prospecting & finding owner contact info? Just Costar? With Costar, with just one county in my market and one product type, I am looking at over 9,000 properties. I am not sure how do I start dividing and conquering it.
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