In the age of smartphones and mobile applications, real estate investing is getting more and more creative. Investing in real estate is a complex and time-consuming process, so if you want to make sure that you get the most out of your money, you need to be able to track your business and have it with you wherever you go. In this article, we will explore the best real estate apps of 2018 that will save both your time and money!
Why Should Every Investor Use Real Estate Apps?
When it comes to investing in real estate, a key to success in the business is working smart and working fast. Having the best real estate apps on your smartphone is not only a way to stay updated on the real estate world, but also helps you make prompt investing decisions. For example, a short sale appears and, thanks to your smartphone app, you get to be one of the first real estate investors to see it. The list of advantages of having the best real estate apps goes on and on, from helping investors find an investment property to performing real estate investment analysis, it is surely an added asset that every real estate investor should have.
The Best Real Estate Apps of 2018
The following list of the best real estate apps includes a variety of multi-purpose smartphone apps. Without further ado, here is a list of the best real estate apps of 2018.
#1 Mashvisor: The Ultimate Real Estate Investment Tool
Even though Mashvisor is not a mobile app at the moment, its online platform is mobile-friendly. Mashvisor provides real estate investors with all the tools needed for a successful and profitable real estate investment. By subscribing to Mashvisor’s services, you will have access to the best rental property calculator available in the US market. Choose your next rental property investment based on unique data analytics. In addition, Mashvisor’s blog section is a great educational tool that will teach you how to get started in real estate.
#2 Redfin App
The Redfin app deserves its place in the best real estate apps list thanks to its special features like the foreclosure notifier, short-sales filter, and accurate listing estimates. Having the Redfin app on your smartphone surely pays off. Redfin is originally a real estate brokerage firm that offers services with fees lower than traditional real estate agents.
#3 Real Estate by Smarter Agent App
Real Estate by Smarter Agent is another house-hunting app that every investor should check. The special features of Real Estate include its ability to narrow down listings to recently sold properties, investment properties within a geographic location, and also properties listed by third party websites. With Smarter Agent’s Real Estate app, you can also filter properties according to property type, price, the number of bedrooms and bathrooms, and interior and exterior features.
#4 Zillow App
Zillow is arguably one of the best real estate apps and the most popular of all, with over 70 million users every month. Zillow app provides users estimated home values, including what it last sold for, for virtually every property in the US. Landlords can create a personal account on Zillow to track their estimated property value over time and potential sale prices. If you are looking for an investment property, you might find that downloading Zillow’s app on your smartphone will be helpful.
#5 Placester App
Placester is an app that every real estate investor with a real estate portfolio must have. The app simply builds a website for all your investment properties. If you have more than one property to lease, Placester’s user-friendly platform allows you to build a professional website for your real estate portfolio.
#6 Matterport App
Imagine being able to view a listing without physically being present. Matterport real estate app provides this using 3D and VR technology. Landlords can use the Matterport app to make their properties more accessible and attractive than ever!
#7 The Property Fixer App
The Property Fixer app is one of the best real estate apps for real estate investors who frequently flip properties. The Property Fixer app helps you to perform real estate investment analysis. You just have to enter your fix-and-flip details and you can see an analysis that shows your profit from that flip. The Property Fixer app also helps you to track monthly expenses and add potential flipping costs.
#8 10BII Financial Calculator App
Every real estate investor is familiar with the number-based headaches you get when you get started in real estate. 10BII Financial Calculator app helps you calculate your return on investment (ROI) by factoring in monthly payments, interest rates, taxes, and more. Not just that. The app even provides cash flow diagrams, which are useful to forecast the months ahead.
#9 Magic Plan App
Magic Plan is another one of the best mobile applications for fix and flip enthusiasts. It is one of the most popular investment solutions and used by real estate companies and private users around the world. What is special about it? Magic Plan allows you to take measurements, pictures, and floor plans all with your smartphone.
#10 Airbnb
When it comes to the best real estate apps, Airbnb surely tops the list. Airbnb needs no introduction, it is the most famous vacation property booking platform in the world. Airbnb is a great way for anyone to join the real estate investment world and make money from the comfort of their homes. Looking for your next Airbnb investment? Mashvisor’s investment property calculator provides you with traditional vs Airbnb real estate metrics like cap rate, cash on cash return and occupancy rate.
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