It is no secret that real estate investors lead busy lives. Between sourcing new properties, overseeing renovations, or trying to locate financing, investors wear many hats. When investors can’t be in front of their computers, having some convenient apps at their fingertips can make all the difference. Here are the best apps for real estate investors to stay organized and keep on top of what’s happening in the market while on the go.
1. The Trio of Home Search Apps
When searching for your next property, you can’t go wrong with Zillow, Trulia, or Realtor.com. These three powerhouses in MLS provide you with the most current listings on the market and the most details for each listing. Find out past sales prices on homes, view beautiful photos of the properties, get in depth features of the home, view what’s nearby such as restaurants and stores, see what the school districts rank for in that area, and so much more. These apps will really be a necessity for investors who are trying to find the best properties with the best potential in the best locations.
Looking for a little inspiration when it comes to redesigning your fix and flip property? Houzz is a great app for interior design ideas for any part of your home. Scroll through millions of photos and check out the latest trends in kitchen remodels or the most popular bathroom upgrades. Use the View in My Room feature to see what an item will actually look like in your home’s space. Connect and network with hundreds of contractors, architects, and decorators, for an easier and more productive way to redesign your fix and flip project.
DealCheck- Real Estate Investing Calculator
For investors unsure whether that next fix and flip deal or rental property is the right way to go, DealCheck-Real Estate Investing Calculator has got you covered. This all-in-one app makes analyzing, projecting, and comparing investment deals so much easier. Investors can enter information about the deal, and the app provides a thorough analysis of the property such as closing costs, cash flow, ROI, and total profit. Even better, DealCheck has a lender directory, so investors can search for private money, hard money, and conventional financing at the push of a button.
For investors who want facts about a property instantly, Homesnap is a perfect solution. This handy app allows you to take a picture of the home and find out the home’s value, see photos of the interior, tax information, school ratings, and more. You can search for properties by school districts, find open houses in your area, and even chat with real estate agents.
There are a lot of contracts, paperwork, and documents that come with being a real estate investor, so having an easy and secure way to sign something while on-the-go will be very helpful. Docusign lets you fill out and sign documents, send them to others, and safely manage and store them so you can have convenient access to them anywhere. This app uses the most recent encryption technology so you know that your documents are safe and legally binding.
Scanner Pro- PDF Document Scanner with OCR
What do you do when you are not in your office, but you just signed that document and want a fast and easy way to scan and save it for later? The Scanner Pro- PDF Document Scanner with OCR app will do just the trick. Turn your phone into a portable scanner, and in seconds, you can have that signed contract uploaded to your email, photos, or online file services such as Dropbox, Google Drive, or iCloud. It really is that simple.
CurbAppeal- HDR Real Estate Camera for MLS
A picture is worth a thousand words, and as an investor, you’ll want your properties to shine when it comes to listing photos. CurbAppeal is a unique app that takes the guess work out of creating the most eye-catching pictures to attract more potential buyers or tenants. This app features multi-exposure fusion technology so a room looks more lit, the ability to crop and straighten adjustments, and the functionality to resize photos to fit the correct MLS specs.
You can’t go wrong with one of the biggest real estate social networking platforms right in your pocket. BiggerPockets is great for both newbies and seasoned investors. Get the same great info from their website on your phone. Flip through countless articles about different areas of real estate investing, chat with others in the forums, learn expert insight, and discover new connections to further build your business.
Property Fixer and Property Evaluator by iMLS LLC
iMLS LLC brings investors two great apps that will be very useful. Property Fixer lets you analyze a potential property prior to the purchase and see what your possible ROI will be by typing in your sale price, what you purchased it for, estimated improvement costs, and any other fees associated with it.
Property Evaluator is built for investors interested in the buy and hold side of investing. You can run detailed analysis of whether the property is worth the long-term investment by really crunching the numbers and seeing what your costs vs. profit will be.
Construction Cost Estimator
For fix and flippers, figuring out the costs of the rehab is essential. With the Construction Cost Estimator app, you can create on-site estimates with your contractors of all work that needs to be done. Put down that pencil and paper and input the numbers and this app will break costs down into Material, Labor, Other, and Subcontract totals. Save and send to yourself for later and keep even more organized with your contracting team.
Apps for real estate investors will really help to streamline their daily business activities. LendingOne is dedicated to making the lending process for fix-n-flip and rental loans equally as efficient. Apply today and learn more about how LendingOne can help you with your investment deals.