The acquisition, ownership, management, rental, and sale of real estate for profit are what real estate investment entails. There are various tools to follow the real estate investing process and also to facilitate the process.
Having the right real estate investment tools at your disposal can make all the difference. Real estate investment apps can provide you with a lot of helpful and vital information. Buyers may get a good indication of current market trends using real estate apps, while sellers can see how popular their property is. Some real estate mobile app features, such as a mortgage calculator, maps, bid updates, and other push alerts, can help users engage more in the app.
Here are the top real estate investment apps that you need to discover and start using. They can help you buy, sell, or rent your properties.
1. Groundfloor
2. EquityMultiple
3. RealtyMogul
4. AcreTrader
5. CrowdStreet
6. Arrived Homes
7. ArborCrowd
8. Auction.com
9. DealCheck
10. DocuSign
1. Groundfloor
One of the largest and most popular real estate apps is Groundfloor, which has been around since 2014. This app provides users with access to a high volume of commercial loans through select partners. Users can also invest in professionally managed investment funds. It allows people to earn interest on their loans or investments.
Groundfloor doesn’t require fees from investors. Instead, it charges borrowers a principal loan fee of 2% to 4.5%, an application fee of $495, and closing fee costs of $1,250.
Groundfloor offers a variety of funding options, including hard money lending and crowdfunding real estate investing. Users can get to know the ground rules for each option before starting.
2. EquityMultiple
EquityMultipleapp offers investors interested in high-yield commercial properties an ideal platform on which they can find success. You can invest for as low as $5,000, but usually, people invest around $10,000.
High-yield commercial properties are a popular choice for real estate investors who have an extensive portfolio of high net worth. The advantage of this app is it provides users with the opportunity to manage their entire portfolios from a single platform. This app allows people to buy and sell properties and search MLS listings and track their investments. Users can also learn about real estate industry trends through the app’s blog.
Some of its disadvantages are it requires a high investment minimum and it’s only available to accredited investors.
3. RealtyMogul
RealtyMogul offers some of the best real estate investment apps for people who want to buy, sell, or rent properties. It also provides excellent opportunities for investors interested in creating their funds through the app’s matchmaking portal. You need at least $5,000 to invest in RealtyMogul.
One of the main advantages of RealtyMogul is that it provides users with various services and tools, including listings, property search tools, and more. Users can also access tenant screening reports and lease comparables. However, some of its disadvantages include a relatively short track record. Also, it has complicated fee structures that differ by investment.
4. AcreTrader
AcreTrader is one of the most popular real estate apps for investors who are interested in commercial properties. It provides people with access to commercial leases, purchase opportunities, market data, and other resources. You can start investing in a US farmland with at least $10,000.
AcreTrader has developed a fast-growing directory of international landowners and buyers. Its advantages include a particular return of 7% to 9%. The platform also helps you invest with self-directed IRAs (SDIRAs). Some of its downsides are it offers small new offerings and it only has limited investment options.
5. CrowdStreet
CrowdStreet is one of the best real estate apps to use if you are looking for opportunities to invest in high-end properties. The investment fee may differ depending on the offer, but usually, you need a minimum of $25,000.
The advantage of this platform is it lets people invest in high-quality commercial properties that may not be available through other platforms or brokers. The crowdfunding service also seeks out deals that may have been previously overlooked by others and those with complicated legal issues such as tax liens and foreclosures.
However, the platform has its disadvantages as well. CrowdStreet is only available to accredited investors and has a steep minimum investment.
6. Arrived Homes
Another popular real estate investment app is Arrived Homes, which you can use on Android and iOS devices. Its features give homeowners a simple way to find rentals through a built-in rental listings manager. Arrived Homes offers flexible investment amounts from $100 to $20,000.
It also allows users to manage their income and expenses by accessing a budgeting tool. This app makes it easier for people to improve their finances while living abroad or travelling for work or pleasure. However, one of its disadvantages is illiquid investments. Also, they offer limited property selections for now.
7. ArborCrowd
People interested in high-yield commercial properties may benefit from using ArborCrowd, which is considered one of the best apps for investors of this type. The platform gives users access to investment opportunities that they may have been unable to find elsewhere, including hard money loans throughout the United States. You need a minimum of $25,000 to get access to institutional-quality commercial real estate opportunities.
This app provides investors with access to high-yield commercial assets, including properties that may have required them to seek out private or foreign partnerships in the past. That said, having access to ArborCrowd means getting better investment opportunities than many other investors can secure. However, investing here does not include liquidity which means once the property closes, your investment continues until the property is sold.
8. Auction.com
Auction.com is a free app that offers real estate investors a platform to buy and sell properties for an affordable price. The company is currently one of the top commercial real estate auction companies in the United States. It provides users with access to more than 100,000 properties every year and has sold $30 billion worth of assets since its inception. Auction.com also provides investment opportunities in emerging markets such as China and India.
9. DealCheck
If you want a real estate investment app that provides transparent opportunities, consider using DealCheck. This app makes it easier to find both commercial and residential properties in the United States. It’s free to sign up for the DealCheck Starter plan but if you want to enjoy more features, you can sign up for the Pro plan for $9 per month.
DealCheck is an excellent choice for people who are looking for new opportunities instead of simply continuing to use the same type of property over and over again. People can also use the company’s rating system to decide whether or not they want to invest in a specific property based on its rating from other investors.
One of the disadvantages of this app is lender option is only available for US investors. You can only use essential criteria like cash on cash or cap rate if you sign up for the pro plan.
10. DocuSign
DocuSign is an innovative app that lets users sign documents electronically. You can sign up on this app with the Personal plan for $10 per month, the Standard plan for $25 per month, or the Business Pro plan for $40 per month.
DocuSign offers many advantages. This app can help people save money since they no longer have to print, fax, or snail-mail paperwork. The company also provides users with the ability to sign transactions remotely using their mobile devices. As such, DocuSign is one of the best real estate apps for individuals looking to improve their overall efficiency. However, there are also a few disadvantages like DocuSign was hard to integrate with other software. Also, the app is a little bit more pricey than other similar apps.
So, those are some of the best real estate investment apps that any investor should know. These apps will help make your search more accessible and more efficient.
Are Transactions Real-Time in Real Estate Investment Applications?
Yes. Real estate investment apps are set up in real-time so that users have complete access to the latest data at all times. This access can help people make investment decisions in real-time instead of waiting for information at a later date.
Real-time data can help you make better decisions about your real estate investments. It means that you’ll have access to the latest tax information and sales trends without having to wait for it or request it from a third party.
If you want to know the latest pricing trends in the area where you’re looking for real estate investment properties, an app can give you this information quickly instead of making you wait days or weeks for it.
Is It Possible to Earn Profit Using Real Estate Investment Applications?
Yes. Real estate investment apps let people invest in a range of properties, from single-family homes to apartment buildings and commercial real estate. That said, these applications can help you earn a profit with your investments regardless of what kind of property you’re looking for.
How real estate investment apps help you invest and gain profit depends on what kind of property you want to invest in. For example, suppose you’re interested in finding cheap properties that may have the potential to become great investments.
In that case, an app can also help you find these opportunities quickly and easily without having to spend hours searching through ads posted by individuals who may not be legitimate property owners in the area.
What is the Capital Required to Use Real Estate Investment Applications?
Most real estate investment apps require very little money to get started. But some real estate investment apps can help users find high-return opportunities that begin with $5,000 or less in the capital. It means that these applications can help allow beginners to invest without having to spend thousands of dollars right away just for suitable investments.
Property costs will vary depending on the type of investment you’re looking for. For example, people might need to spend $5,000 or less to start a small apartment building. However, they may need to pay upwards of $25,000 to invest in commercial real estate through an app.
Even for inexperienced investors, raising financing for real estate isn’t as difficult as it may appear. There are many ways to raise capital for Real Estate Investments. If you’re interested in investing in property and gaining profit from your investments, one or more real estate apps can help you do this no matter what kind of investment opportunity you have your eye on.
Can You Follow Real Estate Updates Constantly by Using Real Estate Investment Applications?
Yes, real estate investment apps can help you follow real estate updates constantly through real-time data reports. These applications also provide users with valuable insights on how they can become successful property investors without spending hours researching all of this information on their own.
The frequency of changes in prices and trends can change depending on the area you are looking at. In some places, there may not be a lot of changes from month to month, and you could see much difference in a short period. You should look at how frequently prices and trends change when considering the type of real estate investment apps you want to use.