Real Estate Investor Software

[PHILIP GIZZI]

Hello, does anyone one know of any good software programs for real estate investing. I have been looking at Profit Grabber, 360 Real Estate Investor Software, Real Estate Prospects, and React. Let me know your thoughts

[Sharon Vornholt]

Chris P.-

I think you absolutely need software to have a central place to have all of your contacts, manage your direct mail campaigns, and to have the ability to write notes that conncect to your contacts. For instance, each time I speak to a seller I will put a note in the computer. When they call me back in 6 months after turning down my offer and say to me "you offered me 60K", I can look back at my notes and say "actually it was 50k".

You can enter your contacts, merge and print your direct mail campaigns. Even if you use an outside service to do your mailings, you have to have a way to keep up with these people.

I have used a program by Act that is made by Sage since I started. It is available in office depot or online. I only use a tiny portion of what it is capable of doing. There is a stand alone version and a cloud version. If you go with the cloud version, you can put that on your own hosting. Don't pay that monthly fee they charge. You can put it on a site like Hostgator for under $10 a month.

It's not specifically for real estate but it works great. I did a several posts here on BP about using a database and this software.

http://www.biggerpockets.com/renewsblog/2012/04/30/systems-managing-direct-mail-campaigns-investors/

http://www.biggerpockets.com/renewsblog/2012/05/14/setting-up-your-database-for-your-real-estate-investing-business/

http://www.biggerpockets.com/renewsblog/2012/05/07/how-using-a-database-in-your-real-estate-business-makes-you-money/

Sharon