Lender · Los Angeles, CA · Member since 2018 · 2k+ posts · 1k+ votes
Every article you read about real estate investing trends makes some mention to emerging technology and its potential impact for REI. So my question for the BP community is this.
If there was ONE app every real estate investor absolutely HAS to have, what would it be?
Or which app has made the biggest difference for you as an RE investor this year?
Google tools have been really useful for us. Sheets for keeping track of finances, Docs for creating documents, Drive for storing documents, and Photos for keeping track of photos. They do the job pretty well for being free but I'd really like to have something more unified and that has better organizing capabilities. I almost have a system that's good enough to replace them all.
Hi @Billy Lynn - I just wondered what you meant by “I almost have a system that's good enough to replace them all.“ What is your replacement system? Are you working on a mobile app of your own, by chance? If so, can you share details? Thanks!
Centriq - it keeps all my appliances information (make/model), manuals, paint colors (if different than the standard), fixtures, etc. it also is connected with amazon, so i can order appliance part without looking what model i have.
How about Free and FREE? I use FREE Facebook Marketplace ads for my rentals (more than 1000 free views in one week time) and Craigslist FREE app too every 3 hours new ad goes up to the top.
Did I say FREE!!
Swanny
However, another one of my favorites is Appfolio. Since I do not manage my portfolio my property manager uses appfolio to manage everything. He creates an owner portal with a login and password for me and I can go in and see EVERYTHING that is going on with each property. You can run reports by property, date range, whatever you want and see Every work order, income, expense, rent roll, fee, past due, lease, lease expirations, any activity you can think of is tracked on there and at your fingertips. This is the first and only management software I have used so I do not know how it compares to others (maybe someone else can chime in) but I have been very pleased with it.
I also find it very helpful to bookmark on safari your county property lookup website.
Omnifocus for apple products.
The best and most expensive Reminders/note-taking app that seamlessly syncs between Mac, iPhone and iPad.
Highly recommend anyone who’s serious about getting things done/GTD method of goal achieving.
First post, this thread sucked me in since I'm in the IT industry!
I just switch to Cozy.co for property management, so far its been excellent and free! I was doing manual rent collection but after my recent purchase it just felt like like its time to start automating the things I was already familiar with.
I also would like to say Audible and Castbox. I know it isn't RE focused but being able to listen to RE books /podcasts on the go has been a great help.
Curious what you're using Wechat for since this is mainly used in China. You have a lot of clients in China or you have business, or both? Just wondering!
I'm in Shanghai and probably couldn't live comfortably without it.
@Brian S. I get almost all of my promotional materials - signs, banners, tents, flags, printing, etc - from China. I noticed working through Alibaba, I'd get the highest price via their messenger, lower via email, and lowest after connecting and chatting on Wechat. I get a much better response as well by including my wechat id in solicitations. The money I've saved this past year has been tremendous.
I've never used it to communicate with clients, but I really like the interface and wish it would catch on here.
@Alex Bekeza Tiny Scanner is a great app for taking photos of documents and turning into a pdf that's lightened up a bunch. I have to check out Evernote Scannable because that one sounds good too.
Excel is definitly something to understand, its like a coder learning Java or c#. Either way, I have a few APPS that can help guide you through your every day life.
LoopNet - i know is probably old news, but I like the commerically oriented filter features to search for multi-unit criteria anywhere across the country. Would love to hear if someone has found something better.
Wunderlist - decent for keeping track of lists and syncing with others
Wechat- essential for all forms of communciation in China.
Richblockspoorblocks - useful data on demographics at various scales across the country.
Redfin, Trulia and Zillow - the easy 3 but good for quick cross reference. Zillow also has a feee Rental Manager app. Limited, but free.
i'm surprised they're not mentioned more but my vote goes to Everlance and Cozy. I haven't tried MileQ but Evelance performed better on my phone and i have never needed support. Cozy has been awesome and they have expnded their capabilities in the short time i've been using it.
@Alex Bekeza For a scanning app, I recently found iScanner which is super easy and user friendly. Converts everything directly into a pdf and good quality.
MileIQ is a great app for tracking your mileage.
Castbox for listening to great podcasts, like the Biggerpockets Podcast.
Dropbox and MS Office have been my workhorses for many years. My new favorite is Cozy for rent collection. No more payment excuses regarding US Mail and going to the bank to make deposits.
@Marcus T. Seems pretty sweet. Looks like you basically get access to the MLS without needing a license. The reports are pretty easy on the eyes as well and $7 a month ain't to bad. Thanks!