Whether you’re a seasoned investor or a beginner, there are plenty of apps that you can download to help you manage your real estate investments better. While some are less effective than others, a few apps stand out in terms of their services. Here are a few apps that can benefit anyone interested in real estate investing.
Almost any type of real estate investment can be found on this app. As it continues to gain experienced real estate developers’ interest, even more projects will be available. Crowdfunding, REITs, and many other types of investing are available. Additionally, their low $500 minimum ensures anyone can get started.
Here is an app designed to help property owners determine the most competitive rental rates to charge in their area. The app is simple to use, making it popular even among less tech-savvy real estate investors. Enter the address and number of bedrooms for your rental property, and the app will provide you with a list of rental rates for similar properties in the area.
If you’re interested in flipping houses, Property Fixer is the ideal app for you. The risk of flipping a house determines whether or not you can make back all of the money you put into renovating the property. You’ll still want to earn a profit, so you’ll want to spend as little as possible. This app calculates the costs of making repairs and renovations, comparing those costs to an estimated sales price.
One problem many real estate investors face is finding great deals that will help them earn a good profit. The Auction.com app or website provides listings for pre-foreclosures and properties that are bank-owned. Additionally, you can buy any listed property right on the app, which helps you jump on a good deal before another investor beats you to it.
These are just a few of the apps you can use to pursue real estate investments more efficiently. You can use them to find promising projects sooner and manage them through every phase of the investment. Today, technology is making it easier for new and seasoned investors to achieve higher levels of success.