If you’re like most real estate investors, you’re likely never to far from your smartphone. Checking emails, taking pictures and making calls are probably all part of your daily routine. But have you begun to start using apps to increase your speed and productivity?
Start with the Right Apps
Choosing the right apps can make a huge difference, truly allowing you to work smarter and not harder. Ideally, they’ll improve your organization and synchronization and allow you to save time. Needless to say, eliminating run around time can do wonders for your schedule.
Standards and Specialty
There are standard apps for business that are handy to have installed like Bump and Evernote. You’ll find these covered on almost any business or basic tech site, so there’s no need to be redundant here. We’ll just take a look at some of the more notable apps that are especially helpful for real estate investors.
Tweak for the Perfect Combo
The apps that become your personal favorites will vary depending on your investment style and investment goals. You don’t want to load your phone with apps that you seldom use, but choose the best apps for your needs. This can mean a little bit of trial and error before you find the right mix for your needs, but is well worth the effort of experimentation.
Don’t Get Left Behind
After you’ve gotten comfortable with your favorites, you don’t want to become too laidback about your app selection. You’ll want to keep your eyes and ears open for new developments and continue experimenting as new apps come to market.
Here are three real estate investment apps for three different investor styles:
1. Buy it, fix it, sell it investors (Flippers) – You’ll be able to quickly analyze the potential profit in a house with Property Fixer, an app that calculates profit margin and return on investment.
2. Buy & Hold Investors – Analyze one property or an entire portfolio with Property Evaluator. You’ll be able to print or email purchase analysis reports and calculate every financial metric you need to weigh decisions.
3. Landlords/Property Managers – You can dare to go paperless with the Landlord App. It puts all your business information at your fingertips, from tenant communication to posting vacancy ads, this app keeps you connected to your investments.
What are your must-have apps? If you’ve found an app that helps you increase your productivity or helps you make business decisions, we’d love to hear about it. Comment below.