Apps come in handy for just about everything these days. Whether it’s finding a recipe, balancing your bank account, or practicing meditation, there’s an app for it! Apps have evolved so much that many people use them to advance their careers. For example, if you work in the real estate industry, investing apps can help you make confident investment decisions that align with success.
Below are a few of our favorite real estate investing apps that we recommend downloading on your phone. Enjoy!
Isn’t it nice to have some reassurance about which properties to invest in? The Real Estate Investing Analyst app is a great partner! Use it to evaluate residential and commercial investments, structure mortgage financing and set pricing. Included with the app is a built-in mortgage calculator and the option to add property pictures. Best of all, it’s free.
Another favorite of ours, Deal Check lets you compare investment properties for free. It’s great for both beginners and veterans because all you need is to input the information and an analysis will be generated for you. You can create detailed reports, compare properties, and itemize rehab costs, closing costs, operating expenses, and holding costs.
Property Fixer – Real Estate Investing Calculator
This free calculator lets you crunch all the numbers so that you can go after properties that will result in a profit. The app’s built-in calculator has complete payment schedules and the ability to run reports to be shared with others. Pro versions with extra features are available for an added cost.
Redfin is described as being “the only real estate app you’ll need.” You can easily browse all nearby properties or create a custom search. The app even allows you to book custom tours! Redfin is updated regularly, giving you the most up-to-date selection of real estate.
Zillow is another top-rated real estate app that has millions of listings. One of the coolest features is the Zestimate, which gives you an idea of what the house is actually worth. Zillow also allows FREE access to foreclosures, pre-foreclosures, and bank-owned properties.
Trulia is similar to Zillow and Redfin. Where it shines is its ability to paint an entire picture of a house – the schools, the neighborhoods, the shopping, the restaurants, etc. This information helps investors make smart decisions. Use the Boards feature to organize your favorite properties and share them with others.
Apps are a great way to crunch numbers, keep track of your properties, and make financially sound decisions. The best part is, you can use them on the go! There’s no need to go back to the office to review numbers or create spreadsheets. Everything can be done directly on your phone or tablet, allowing you to be most competitive in your industry.
