Key Takeaways
- Comprehensive Tools: Utilize apps like FlippBidd and Privy for property analysis and market insights.
- Enhanced Networking: Connect with professionals through platforms such as DealMachine and BatchLeads.
- Informed Decisions: Access real-time data and comprehensive property information with PropStream and DealCheck.
Welcome to the World of Real Estate Investing Apps
As a beginner, diving into this field can feel overwhelming, but the right tools can make all the difference.
In today’s tech-driven age, real estate investing apps are your best friends, offering everything from property analysis to market trends at your fingertips.
In this quick guide, we’ll introduce you to top-rated apps like FlippBidd, Deal Machine, Privy, and many more. Each app has unique features tailored to help you succeed.
By the end of this article, you’ll have a solid understanding of which apps can best support your investment journey.
Let’s get started!
FlippBidd
Overview
FlippBidd is a revolutionary real estate investing platform designed to transform your investment experience.
Founded by visionary Ken D. Singh, FlippBidd connects you with a nationwide network of verified investors and provides you with essential property data at your fingertips.
Key Features
- Nationwide Networking: Seamlessly connect with investors, wholesalers, brokers, and specialists across the country.
- Real-Time Notifications: Get instant alerts for off-market deals that match your criteria.
- Virtual Tours: Explore properties from the comfort of your home with immersive virtual tours.
- Comprehensive Property Data: Access ARV, comps, foreclosure info, and MLS data on the go.
- In-App Communication: Make calls, send emails, and schedule appointments directly through the app.
Why You Should Use This App
FlippBidd is more than just a tool; it’s your gateway to a thriving real estate investing community.
By using FlippBidd, you can simplify your search for off-market properties, enhance your networking capabilities, and make well-informed investment decisions quickly and efficiently.
The platform’s innovative features streamline your entire investing process, saving you time and effort while maximizing your potential for profitable deals.
Pricing
FlippBidd offers various subscription options to cater to your needs.
Whether you’re a beginner or an experienced investor, you can choose a plan that fits your budget and investment goals.
The app also offers a 30-day Pro License trial, giving you a risk-free opportunity to experience all its premium features.
Privy
Overview
Privy is a cutting-edge real estate investing platform designed to simplify and enhance the process of finding profitable investment properties. Leveraging extensive market data and advanced algorithms, Privy provides real-time insights and analysis, allowing you to make informed investment decisions quickly and confidently.
Key Features
- Auto Deal Finder: Uses machine learning to identify and present the best available deals based on your specific criteria, saving you time and effort.
- Direct MLS Access: Provides access to live MLS data, enabling you to see the latest listings and market activities.
- Live Comparative Market Analysis (CMA): Compares potential deals with historical data, offering precise analysis and boosting your confidence in the numbers.
- Comprehensive Property Data: Includes ARV, comps, foreclosure info, and rental data, covering 97% of the U.S. market.
- Real-Time Notifications: Alerts you immediately when a new property that fits your criteria is listed, ensuring you never miss a lucrative deal.
Why You Should Use This App
Privy is ideal for both novice and seasoned investors. It simplifies the complex and time-consuming aspects of real estate investing by offering tools that streamline the deal-finding process. With Privy, you can:
- Save Time: The Auto Deal Finder and real-time notifications drastically reduce the time spent on manual searches and market analysis.
- Make Informed Decisions: Access to comprehensive, real-time data helps you evaluate properties quickly and accurately, minimizing risks.
- Enhance Networking: Connect with experienced investors, agents, and wholesalers through Privy’s integrated platform, fostering a strong community and collaboration.
Pricing
Privy offers flexible subscription plans to cater to different needs:
- Basic Plan: Starting at $15 per month, this plan includes essential features like targeted banners, pop-ups, and conversion tracking.
- Pro Plan: For $149 per month, this plan offers advanced features, including SMS marketing, unlimited segmentation, and detailed analytics, making it suitable for larger teams and more serious investors.
DealMachine
Overview
DealMachine is an all-in-one real estate investing platform designed to streamline the process of finding and acquiring properties.
It offers a suite of tools to help investors generate leads, automate marketing, and manage their investments efficiently.
For newbies or seasoned investors, DealMachine simplifies many aspects of real estate investing.
Key Features
- Driving for Dollars: Use the app to find off-market deals by driving around neighborhoods. You can add properties directly from your phone and get owner details instantly.
- List Builder: Automate lead generation by creating smart lists based on property data. This feature includes over 700 data points and 70+ filters to help you target the best opportunities.
- AI-Powered Dialer: Call property owners with confidence using AI assistance, which helps streamline communication and follow-ups.
- Marketing Automation: Send customized direct mail to property owners with automated follow-ups. You can even include photos of the property to increase engagement.
- Comprehensive Property Data: Access ARV, comps, foreclosure info, and MLS data to make well-informed investment decisions.
Why You Should Use This App
DealMachine stands out due to its comprehensive approach to real estate investing.
It not only helps you find potential deals but also provides tools to contact property owners, analyze properties, and automate your marketing efforts.
The app is particularly useful for those looking to scale their operations, as it supports team collaboration and offers extensive data for informed decision-making.
The ability to send personalized mailers with property photos significantly enhances your chances of getting a response from property owners.
Pricing
DealMachine offers several pricing plans to fit different needs:
- Starter Plan: $49/month, which includes basic features and a set number of leads.
- Professional Plan: $99/month, offering additional benefits like more leads and team member access.
- Enterprise Plan: $3,990/year, designed for larger teams with up to 30 members and includes a custom landing page and training portal.
Each plan also includes a free 7-day trial, allowing you to explore the features before committing.
By integrating DealMachine into your real estate investing strategy, you can effectively streamline your operations, save time, and increase your chances of closing profitable deals.
PropStream
Overview
PropStream is a robust real estate investment software that provides comprehensive data and tools for investors, agents, and real estate professionals.
It offers access to over 155 million residential and commercial properties nationwide, updating daily to ensure the most accurate information is available.
The platform is designed to help you find, analyze, and market properties efficiently, making it an invaluable resource for your real estate investing needs.
Key Features
PropStream comes packed with a wide array of features that cater to different aspects of real estate investing:
- Nationwide Data Access: Access a comprehensive database that includes property characteristics, ownership information, mortgage details, and situational data such as pre-foreclosure and bankruptcy information.
- In-Depth Property Information: Search for any property address to unlock detailed information and view property characteristics, ownership details, and mortgage status.
- Detailed Comparables: Build comparables (comps) on the go using data from public records and MLS sales to help determine a property’s current and potential value.
- Opportunity Assessments: Evaluate a property owner’s current situation to determine the most profitable investment strategy.
- Skip Tracing & Marketing: Quickly access owner contact information and send customizable postcards to encourage owners to contact you.
- Mobile App: Utilize the PropStream mobile app for address search, geo-location, drive features, Google Maps integration, session recording, homeowner skip tracing, and built-in marketing tools
Why You Should Use This App
PropStream is ideal for real estate investors looking for a comprehensive and user-friendly tool to streamline their operations.
The app’s extensive database and powerful features make it easier to find and analyze potential investments, saving you time and effort.
With real-time notifications, virtual tours, and robust marketing tools, PropStream enables you to stay ahead in the competitive real estate market and make well-informed decisions quickly.
Pricing
PropStream offers a straightforward pricing model at $99 per month, which includes access to both the online and mobile platforms.
This subscription provides nationwide property data, over 120 lead filters, county records, MLS comps, and the ability to download up to 10,000 properties per month.
Additionally, PropStream offers a 7-day free trial so you can explore its features before committing to a subscription
Zillow
Overview
Zillow is a comprehensive platform designed to simplify the real estate process for investors, buyers, and sellers. It offers a vast array of services, including home search, market analysis, and real estate listings.
Key Features
- Property Search: Access extensive listings across the U.S., including homes for sale, rentals, and recently sold properties.
- Zestimate: Provides estimated property values using proprietary algorithms.
- Market Trends: Up-to-date information on local market conditions and price trends.
- Agent Finder: Connects you with local real estate professionals.
Why You Should Use This App
Zillow streamlines the property search process, offering detailed data and insights. Its Zestimate feature helps you gauge property values, while the platform’s market trends and agent finder tools ensure you make informed decisions.
Whether you are a seasoned investor or just starting, Zillow provides the necessary tools to succeed in real estate investing.
Pricing
Zillow offers many of its features for free, with premium services available for real estate professionals through Zillow Premier Agent.
Redfin
Overview
Redfin is a well-known real estate brokerage app that combines technology with human expertise to provide a seamless home buying and selling experience.
With its user-friendly interface, Redfin makes it easy for you to browse listings, connect with agents, and access up-to-date market data.
Key Features
- Real-Time Listings: Redfin updates MLS listings every two minutes, ensuring you get the latest information on homes for sale.
- Comprehensive Data: Access detailed property data, including sold home prices, school ratings, and neighborhood insights.
- Virtual Tours: Take 3D virtual tours of properties from the comfort of your home.
- In-App Communication: Communicate directly with Redfin agents through the app for quick responses and personalized service.
- Redfin Concierge and Premier Services: For a higher fee, these services offer home improvement recommendations and marketing for luxury properties
Why You Should Use This App
Redfin stands out for its efficiency and cost-saving features.
The app’s real-time updates and comprehensive data make it a powerful tool for making informed decisions.
Additionally, Redfin agents often charge lower commissions compared to traditional realtors, helping you save money on transactions.
The app’s virtual tours and direct communication features also streamline the home-buying process, making it more convenient and user-friendly.
Pricing
The Redfin app is free to download and use. However, if you choose to list your home with Redfin, the standard listing fee is 1.5%, which can be reduced to 1% if you also buy a home with Redfin within a year.
Additional services like Redfin Concierge and Redfin Premier come with higher fees, which are deducted from the sale proceeds of your home.
Realtor.com
Overview
Realtor.com is a comprehensive real estate platform offering a wealth of information for both buyers and sellers. It provides detailed property listings, market trends, and tools designed to help you make informed decisions in your real estate investments.
Key Features
- Extensive Listings: Access to millions of property listings nationwide.
- Market Insights: Current market trends and forecasts to guide your investment decisions.
- Property Data: Detailed information including ARV, comps, foreclosure info, and MLS data.
- Tools: Mortgage calculators, affordability tools, and rent vs. buy calculators.
Why You Should Use This App
Realtor.com simplifies the real estate process by providing essential data and tools in one platform.
The Realtor.com app’s comprehensive resources help you navigate the market efficiently, making well-informed investment choices.
Pricing
Realtor.com is free to use, but some features may require registration or additional fees depending on the services you choose to utilize.
Realtor.com remains a top choice for real estate investors due to its vast resources and user-friendly interface.
LoopNet
Overview
LoopNet is a premier commercial real estate app that helps investors and tenants find the ideal property or space for their next investment or business venture.
With coverage across North America, it provides access to a wide range of property types including office, multi-family, retail, industrial, and land.
Key Features
- Extensive Property Listings: LoopNet offers a vast database of commercial real estate properties and spaces for sale or lease. Users can explore detailed information about properties, including prices, high-definition photos, property and neighborhood videos, financials, space availability, satellite images, and street views.
- Advanced Search Filters: The app allows you to filter searches based on specific criteria such as price, property use, building size, and more, ensuring you find properties that meet your exact needs.
- Instant Listing Alerts: Stay ahead of the competition with instant notifications for new listings and updates on properties you’re interested in.
- Direct Broker Communication: Easily request additional information or a tour by contacting property brokers directly through the app.
Why You Should Use This App
LoopNet stands out as a comprehensive tool for commercial real estate investors.
It simplifies the search process with its user-friendly interface and advanced filtering options, making it easier to find properties that match your investment criteria.
The instant listing alerts and the ability to communicate directly with brokers streamline the investment process, saving you time and effort.
Pricing
LoopNet is available for free on both iOS and Android devices.
However, it offers premium listing services that provide enhanced visibility and additional features for those who require more extensive property information and marketing options.
By integrating robust search capabilities, detailed property information, and efficient communication tools, LoopNet is an essential app for anyone looking to invest in commercial real estate
Roofstock
Overview
Roofstock is an innovative platform designed to simplify the process of investing in single-family rental properties (SFRs).
Founded in 2015, Roofstock has facilitated over $5 billion in transactions across more than 70 real estate markets.
The platform offers a comprehensive marketplace where you can browse, analyze, and purchase rental properties, making it a one-stop solution for real estate investors.
Key Features
Roofstock’s main features include:
- Pre-Vetted Properties: Each property listed on Roofstock undergoes a thorough vetting process, including independent inspections, valuation estimates, and detailed lease reviews.
- Detailed Financials: Access extensive financial reports that include net cash flow projections, repair cost estimates, and neighborhood ratings.
- Property Management: Optional property management services vetted by Roofstock, ideal for investors seeking a passive income stream.
- 1031 Exchange and Self-Directed IRA: Tools to help you defer taxes and include your properties in a retirement account.
- Roofstock One: A crowdfunding option for accredited investors, allowing you to purchase shares of rental properties for diversified investment.
Why You Should Use This App
Roofstock stands out because it offers a streamlined and efficient way to invest in rental properties remotely.
Its platform provides detailed property information, making due diligence simpler.
The ability to work with pre-vetted property managers ensures that even novice investors can manage properties effectively.
Additionally, the low fees and fast closing process make it a cost-effective and time-saving option for building your real estate portfolio.
Pricing
Roofstock charges a marketplace fee of 0.5% or $500, whichever is higher, when purchasing a property. Sellers pay a 3% fee or $2,500, whichever is greater.
The platform does not require any monthly account fees or a deposit to open an account, but the minimum investment typically starts at $5,000.
For those using Roofstock One, a minimum investment of $5,000 is required, available only to accredited investors.
Roofstock provides a robust and user-friendly platform for investing in single-family rental properties, making it a valuable tool for both new and seasoned real estate investors.
Fundrise
Overview
Fundrise is a prominent real estate investment platform that democratizes access to private real estate deals.
Founded in 2012, Fundrise allows both accredited and non-accredited investors to participate in real estate investments with a minimum investment of just $10.
This low barrier to entry makes it an excellent choice for beginners looking to diversify their portfolios without requiring significant capital.
Key Features
- eREITs and eFunds: Fundrise offers a variety of investment options through eREITs (real estate investment trusts) and eFunds, which focus on income generation and capital appreciation.
- User-Friendly Dashboard: The platform provides a comprehensive and easy-to-use dashboard where you can view and manage your investments.
- Automated Investing: Fundrise offers automated investing plans that help you align your investments with your financial goals, such as income, growth, or a balanced approach.
- Quarterly Liquidity: While real estate investments are generally illiquid, Fundrise offers quarterly windows for investors to cash out, providing some level of liquidity.
Why You Should Use This App
Fundrise stands out for several reasons:
- Low Minimum Investment: With just $10, you can start investing, making it accessible for new investors.
- Diversification: The platform allows you to diversify your investments across various real estate projects, reducing risk.
- Strong Performance: Fundrise has consistently delivered positive returns, with an average annualized return of 11.58% net of fees.
- Customized Portfolios: Based on your financial goals, Fundrise provides tailored portfolio recommendations, enhancing your investment strategy.
Pricing
Fundrise has a straightforward fee structure:
- Management Fee: 0.85% annual fee.
- Advisory Fee: 0.15% annual fee.
- Pro Membership: For $10/month or $99/year, you can access advanced features, including exclusive funds and market research.
By offering a low-cost entry point and a robust platform, Fundrise is an excellent choice for beginners and seasoned investors looking to tap into the lucrative world of real estate investing.
BatchLeads
Overview
BatchLeads is a comprehensive real estate software platform designed to assist investors, wholesalers, and agents in generating leads, managing lists, and engaging with property owners.
It provides a robust set of tools to streamline the process of finding and analyzing properties, both on-market and off-market.
Key Features
- Advanced Property Search: BatchLeads offers a detailed property search feature that includes filters for pre-foreclosures, undervalued properties, and more.
- Skip Tracing: Efficiently find contact information for property owners, which is crucial for reaching out to potential sellers.
- List Management: Create, manage, and export lead lists easily, with options to stack and deduplicate lists for better organization.
- Direct Mail and SMS Campaigns: Send direct mail and SMS to leads directly from the platform, enhancing your marketing efforts.
- Comparables and Comp Calculator: Access MLS data and other sources to generate comparable property reports.
- Driving for Dollars: Identify distressed properties while driving, using the mobile app to add them to your lead list instantly.
- Integration: BatchLeads integrates with over 4,000 apps through Zapier, ensuring seamless workflow with your existing tools.
Why You Should Use This App
BatchLeads is designed to save you time and increase efficiency in your real estate investment activities.
The platform’s ability to quickly generate accurate and updated property data, combined with powerful lead generation and marketing tools, makes it a valuable asset for any real estate professional.
Its user-friendly interface and comprehensive features enable you to scale your business effectively by focusing on high-quality leads and informed decision-making.
Pricing
BatchLeads offers several pricing plans to cater to different needs:
- Personal Basic: $69/month, including 10,000 leads, advanced property search, and basic skip tracing features.
- Personal Plus: $179/month, offering 25,000 leads, enhanced skip tracing, and additional marketing tools.
- Team Basic: $599/month, designed for teams, including 75,000 leads and more extensive list management and export capabilities.
- Team Plus: $899/month, for larger teams, offering 150,000 leads, advanced analytics, and comprehensive support services.
BatchLeads’ competitive pricing and extensive feature set make it a strong contender for those serious about growing their real estate investment business.
DealCheck
Overview
DealCheck is a powerful real estate investing app designed to help you analyze and compare investment properties quickly and accurately.
Whether you’re evaluating a rental, BRRRR, flip, or multi-family property, DealCheck provides all the tools you need to make informed investment decisions.
It’s widely trusted by over 350,000 real estate investors and agents and has been featured by reputable sources such as Forbes, BiggerPockets, and MSN.
Key Features
- Accurate Property Analysis: Calculate crucial metrics like cash flow, cap rate, ROI, and IRR in seconds.
- Comprehensive Property Data: Import data from public records, including past sales history, current ownership, and tax assessments.
- Sales and Rental Comps: Access recent sales comps, rental listings, and market statistics to estimate ARVs and potential rents.
- Customizable Reports: Generate and share professional reports with custom branding.
- Creative Financing Scenarios: Analyze various financing and loan structures.
- Rehab Budget Worksheet: Estimate rehab costs with detailed breakdowns.
- Cloud Sync: Access your data across multiple devices seamlessly.
- Property Owner Lookup: Find current property owners’ names and contact information for direct mail or lead generation campaigns.
Why You Should Use This App
DealCheck simplifies the process of property analysis, saving you time and reducing the complexity involved in real estate investing.
Its user-friendly interface and robust feature set make it suitable for both new and experienced investors.
With tools that allow you to screen properties according to your criteria, generate comprehensive investment reports, and instantly compare properties, DealCheck is an indispensable tool for making smarter, data-driven investment decisions.
Pricing
DealCheck offers three pricing tiers:
- Starter Plan: Free, allows saving up to 15 properties, and includes basic features.
- Plus Plan: $10 per month, includes all Starter features plus increased limits on saved properties, photos, comps, and templates.
- Pro Plan: $20 per month, offers unlimited access to all features, including advanced property analysis tools and comprehensive reporting capabilities. Both Plus and Pro plans come with a 14-day free trial.
Using DealCheck, you can streamline your property analysis, making it easier to identify profitable deals and optimize your investment strategy.
REIPro
Overview
REIPro is a comprehensive real estate investing software designed to streamline and enhance your investment processes.
It provides a full suite of tools to manage your properties, generate leads, analyze deals, and integrate seamlessly with financial software.
Whether you are a seasoned investor or just starting, REIPro offers functionalities tailored to various investment strategies, including wholesaling, rehabbing, buy-and-hold, lease options, seller financing, and pre-foreclosure investing.
Key Features
- Lead Generation: Access a wide array of lead types including vacant properties, absentee owners, pre-foreclosures, and high equity leads.
- Deal Analysis: Utilize advanced tools like DEALPro to evaluate potential deals from every angle, providing you with the critical information needed to make informed investment decisions.
- Marketing Automation: Features such as direct mail and skip tracing help in reaching out to potential sellers and buyers effectively.
- Workflow System: A structured 10-step workflow guides you through every stage of the investing process, ensuring you don’t miss any critical steps.
- Mobile Accessibility: The REIPro mobile app brings the full power of the platform to your fingertips, allowing you to manage your business on the go.
Why You Should Use This App
REIPro is built by real estate investors, for real estate investors.
This insider perspective ensures that the software addresses the unique challenges and needs of the industry.
Its comprehensive features save you time, reduce risks, and help maximize returns.
With real-time notifications, detailed property data, and robust communication tools, REIPro provides everything you need to succeed in a highly competitive market.
Pricing
REIPro offers several pricing plans to cater to different needs:
- Single User Plan: Starts at $57 per month, offering essential features for individual investors.
- Standard PLUS Plan: Priced at $89 per month, supports up to 5 users and includes additional features like 10,000 monthly exports and 100 premium phone credits.
- Team PLUS Plan: Costs $157 per month, accommodates up to 10 users, and offers extended features such as 20,000 monthly exports, team administration, and more.
By leveraging REIPro, you can streamline your real estate investing operations and enhance your ability to make profitable investment decisions, whether you are at your desk or on the go.
Your Next Steps in Real Estate Investing
In the fast-evolving world of real estate investing, utilizing the right tools can make a significant difference in your success.
The top-rated real estate investing apps highlighted in this guide—FlippBidd, Privy, DealMachine, PropStream, Zillow, Redfin, Realtor.com, LoopNet, Roofstock, Fundrise, BatchLeads, DealCheck, and REIPro—each offer unique features tailored to help beginners navigate the complexities of the market with ease.
By integrating these apps into your investment strategy, you can streamline your operations, access comprehensive property data, connect with industry professionals, and make informed decisions efficiently.
Whether you’re looking for off-market deals, comprehensive property analysis, or innovative marketing solutions, these apps provide the tools necessary to enhance your real estate investment journey.
As a beginner, leveraging technology can bridge the gap between inexperience and success, empowering you to build a profitable portfolio with confidence.
Remember, the key to success in real estate investing lies in staying informed (United States Real Estate Investor® content is a great place to start), being adaptable, and utilizing the best resources available.
Here’s to your successful investing!
