Lisa Atkinson and Maureen McGarry are co-owners of Investors Realty MN, a real estate brokerage in the Twin Cities that specializes in residential investment property. With over 35 years of combined experience in real estate investing, rehabbing, property management and more, they work with investors to buy, sell, rehab, rent and hold everything from condos to small apartment buildings. Their company offers a ‘one-stop-shop’ for investors to grow their portfolio. They also offer property management – a critical piece in the success of investment property.
Like investors everywhere, they used a customized spreadsheet, where they inserted -by hand- expenses, rental rates, financing data and more to determine if the property was profitable as a buy and hold or fix and flip. They easily spent 15-20 minutes per property gathering data from different sources and working through the spreadsheet only to find that the property did not perform well. Finding a solution that automatically located opportunities and offered robust analytics meant they would be able to give their clients more options for purchase – and faster! It also would free up their time to serve more clients.
So, they created BlueStream Analytics a software system designed to quickly and easily find residential investment properties that are or have the potential to be profitable.
With BlueStream Analytics they can now create a unique search for each client that reflects their individual financial goals. BlueStream Analytics identifies properties that perform up to, or better than, the investor’s financial benchmarks. Whether the investor plans to buy and hold or fix and flip BlueStream Analytics quickly and instantly pinpoints available properties for an investor using their method of financing and desired financial outcomes. BlueStream Analytics gives investors and Realtors a competitive edge in the marketplace and the confidence that the properties they pursue are in line with the investor’s success criteria.