In today’s day in age, technology is everywhere. You use it to find your way around, keep up with friends, for entertainment, for almost everything. Why do we do all of these things on our phones? Because it’s convenient and makes our lives easier!
One big aspect of real estate investing is maximizing income while minimizing time and effort. It is important to use things that can give you an upper hand in a very competitive market. Technology again is one of those things. Since real estate is a data-driven field, it is important to have technology like real estate apps at your fingertips.
Here are some of the top apps for a real estate investor in 2021:
Realtor.com has the most homes for sale nationwide than any other competing real estate app. You can remotely explore homes with virtual tours, contact agents over the phone, filter search results with different criteria, view neighborhood demographics.
The one downside is it tends to provide listings that are towards current market prices. So if you are looking to save big, you may want to look elsewhere, but if you are looking for lots of details and information, Realtor.com is for you.
DealCheck is a great app to quickly analyze and compare investment properties at a touch of a button. This application is great for beginners who aren’t too sure if a property investment is the right decision and also a great resource for experienced investors as a “gut check”.
This application will help you crunch numbers on any flip, rehab project, multi-family or commercial property in seconds. Other aspects include; helping you look up recent sales, creating detailed reports, comparing other properties, and performing reverse valuation analysis to determine your highest offer to the seller. DealCheck offers a great lens of insight you might not have thought of before.
The Personal Capital app is great because it is free and you can monitor everything in your portfolio in one place. You are able to track your investments, retirement, and finances all at once. Another great aspect of Personal Capital is you are able to keep accounts separate. If you want to keep your property investment portfolio separate from your personal investment portfolio, you can do that here.
It is also fully integrated with Zillow home price estimates. This means it will allow you to track the Zestimate (Zillow Estimate) value of your home.
Auction.com has many perks including real-time bidding for foreclosure auctions, you can see which foreclosures are cleared for sale, search properties by location, save and track properties, easily bid on bank-owned properties, and get detailed property info at your fingertips. If you like the option of buying distressed assets, then Auction.com is for you!
If you are just getting into real estate investment or wanting to know more, BiggerPockets can help you do so. BiggerPockets offers ebooks, blogs, podcasts, and guides that can help you maneuver your way through the industry. Its main mission is to help educate people in all aspects of the market and to enhance real estate knowledge, networking, dealmaking, marketing, and other activities.
Conclusion
In this digital era, it will almost always hurt you not to be up to date with new technological features. It is essential to have access to important information anywhere at any time, especially in the real estate market. Once you find a great opportunity, RPM Insight recommends you reach out to a local realtor to help guide you through the process. Need a recommendation? Just give us a call. These apps will not only save you money but will also save you time, give you more knowledge and help you become a better real estate investor overall.