FAQs
Why are you called Coffee Clozers?
It's from the film Glengarry Glen Ross - you should watch it, it's a good film, very dialogue heavy. All about selling real estate!
Why don't you use crime data in your maps?
In order to reliably use the data in our maps across the whole country we need to ensure that the crime data is collected at the Tract level (about 1/4 the size of a ZIP code), so that it matches our other data sources. The unfortunate truth about crime data is that everyone records it in a slightly different way - some areas at the neighbourhood level, some at the ZIP code level, and some at the city level. We've experimented with crime data, but we always felt it made our map worse rather than better because of the irregularities in its reporting.
A lot of other sites that show "granular" crime data are actually making guesses on how much crime there is for all the spots where they don't have reliable data. We felt this was bad practice and instead chose to prioritise factors that are strongly correlated with crime, but which are recorded at a much more granular level. This primarily includes Location Data (amenities, employers, new construction), and Macroeconomic Data (income growth, population growth, employment + education stats etc.).
Who is Coffee Clozers most suited to?
Our platform is suited for those looking to invest locally or out-of-state, trying to gain an edge by leveraging data, and open to a variety of strategies (i.e., creative financing, traditional long-term rentals, BRRRRing, househacking, or lease option). If you're a real estate investor in the early phases of your journey and looking to become a more sophisticated investor, we built Coffee Clozers for you. Or, if you have just completed a course in creative finance and want to move faster at finding deals, we are the solution for you!
Do you also have access to off-market deals?
You can search for any off-market property on the platform to get an instant report. However, we do not support browsing of off-market properties at this time.
Can you help me find Short Term Rentals/Airbnbs?
We do not have data for short term rentals (STR), but you can use our calculator for STR, as long as you have an income estimate. You can easily estimate short term rental income with AirDNA's free Rentalizer.
Our data is best suited for long term rentals, BRRRRing, househacking, or lease option. We can help you find properties suitable for both creative financing and traditional financing.
Can I upload a list of off-market leads?
We are working on bringing you a solution for this in the near future! Please send us an email if you are interested in this. We will follow up once it's ready!