What tools can't you live without in your investing

What tools can't you live without in your investing

Miami, FL · Member since 2016 · 9 posts · 0 votes
Hello everyone. What are the most important tools, programs, apps etc that are a must in your investment business?
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Developer · Hobart, IN · Member since 2014 · 773 posts · 225 votes
9y

@Carlos Cardenas We use Google Drive every single day non stop. We use spreadsheets for our proformas, running the numbers quickly, tracking offers... It is a huge tool that we use every day. 

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  • Developer · Hobart, IN · Member since 2014 · 773 posts · 225 votes
    9y

    @Carlos Cardenas We use Google Drive every single day non stop. We use spreadsheets for our proformas, running the numbers quickly, tracking offers... It is a huge tool that we use every day. 

  • Real Estate Investor · Encinitas, CA · Member since 2016 · 3k+ posts · 3k+ votes
    9y
    Carlos Cardenas I'll throw in another vote for Google Drive. It's where I keep my pro-forma templates and I can access it anywhere (even the mobile phone). I'm also a fan of Alerts on Trulia to track new properties hitting the market and price reductions. This runs afoul of any off-market strategies but the Alerts let me at least ask for a T12 easily and timely. Last but not least I like AppFolio. It lets me get my monthly statements and look at historical expenses in one spot.
  • Kuba F.Pro Member
    Real Estate Investor · Los Angeles, CA · Member since 2013 · 2k+ posts · 694 votes
    9y
    Carlos Cardenas FaceTime or Skype along with call recorder for remote walkthroughs.
  • Vancouver, WA · Member since 2010 · 78 posts · 15 votes
    9y

    Can you give me a quick run down on Google Drive?

  • Investor · Saratoga, CA · Member since 2016 · 22 posts · 12 votes
    9y

    Dropbox, Airtable (see my post on BiggerPockets), Wunderlist, Cozy, Google Voice

  • Flipper/Rehabber · Warren, MI · Member since 2015 · 24 posts · 15 votes
    9y

    as far as apps:

    Tydlig. It's a calculator that shows you everything on one page and if you change just one number in the equation, it recalculates everything just like that. For example, if you change .70 to .80, everything recalculates. It also stays on the screen for when you open the app next. Every investor should use it. 

    Podio is amazing. Everything I have in the pipeline is in there. The website is best but the app is nice to just update, like after speaking to a seller again, etc. Easy update w/o having to go into the site. 

    IFTTT: have not used it yet,  but this app basically makes the Internet work for you. 

  • Flipper/Rehabber · Allentown, PA · Member since 2011 · 1k+ posts · 701 votes
    9y

    @Carlos Cardenas

    I'll throw another vote in for Google Drive and Docs. Hard to think how business even worked before these things existed. On the fly changes within our small group and the ability to access from our phones, it's invaluable. 

  • Miami, FL · Member since 2016 · 9 posts · 0 votes
    9y
    Kuba F. You use Skype and or FaceTime with a call recorder? Is the call recorder feature separate, or does it integrate with Skype and/or FaceTime ?
  • Rental Property Investor · Gulf Breeze, FL · Member since 2014 · 1k+ posts · 733 votes
    9y
    All things Google: Drive, Voice, Blog, Gmail, Circles.
  • Investor · Philadelphia, PA · Member since 2015 · 3k+ posts · 3k+ votes
    9y
    Don't forget a good wet saw!
  • Kuba F.Pro Member
    Real Estate Investor · Los Angeles, CA · Member since 2013 · 2k+ posts · 694 votes
    9y

    @Carlos Cardenas I use the Ecamm call recorder, it's a separate app on my Mac.  It automatically starts on my computer whenever someone calls in with facetime or skype.  This way after a walkthrough of a property I have a video to go back to it when I want to estimate rehab costs and figure out what to offer.

  • Miami, FL · Member since 2016 · 9 posts · 0 votes
    9y
    Kuba F. Thank you. I'll look into that.
  • Rental Property Investor · Sacramento, CA · Member since 2016 · 267 posts · 214 votes
    9y

    @Carlos Cardenas Carlos, the one tool you need is a good ol' fashioned telephone. Most real estate transactions are done in person, and you get to meet those people by picking up the phone and calling them. Sure, all the other tools are important to organize your business, but there wouldn't be a business without the phone. 

    As for organization, Google Drive is the best in my opinion, hands down.

    @Lynda Duke Lynda, Google Drive is a hub of many different tools in which you can share your activity with others, and edit documents/spreadsheets/etc. simultaneously. It's critical so that documents don't have to be constantly changing hands. 

  • Vancouver, WA · Member since 2010 · 78 posts · 15 votes
    9y

    Wow, I like that idea, thanks for the quick reply

  • Real Estate Investor · Milford, NE · Member since 2011 · 201 posts · 140 votes
    9y

    my phone......my truck

  • Real Estate Entrepreneur / Investor · Chicago, IL · Member since 2016 · 688 posts · 367 votes
    9y
    BP Gmail Crag list My car Internet and Phone
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