19 Best Real Estate Investing Apps We Couldn’t Live Without

Ashley:
That is Actual Property Rookie, episode 194. My title is Ashley Kehr, and I’m right here with my co-host, Tony Robinson.

Tony:
And welcome to the Actual Property Rookie Podcast, the place each week, twice per week, we deliver you the inspiration, info and schooling it is advisable to kickstart your actual property investing profession. So Ashley Kehr, what’s going on as we speak. I see you don’t have your typical hip hop T-shirt on. You bought some nation on as we speak. Felt like switching it up, I see.

Ashley:
Yeah. You recognize what? I really feel like all people is aware of my gangster aspect, so I bought to point out my countryside a bit bit right here.

Tony:
Bought to characterize either side.

Ashley:
Bought my Kenny Chesney, she thinks my tractor’s horny, T-shirt on. Yeah, so I truly discovered the opposite day, this bin in our basement and it’s all my husband’s previous T-shirts from when… I imply, he’s a, don’t need to brag, and I’m so much youthful than him, so he has all these ’90s T-shirts from concert events he went to. So I used to be going by means of all of them, I’m like, “Geez, a few of these are cool, classic, nation T-shirts,” so I’d start-

Tony:
There you go.

Ashley:
… throwing them out right here on the podcast.

Tony:
You bought your individual thrift store. Yeah, you bought your individual thrift store in your basement.

Ashley:
Yeah.

Tony:
I like that. Effectively, what else is new Ash? What’s occurring?

Ashley:
So my enterprise companion, Joe, who’s truly been on the podcast earlier than, he’s been fairly stagnant, shall I say, in his actual property investing up to now, most likely, yr and a half. He constructed his personal home. He had a child, so he’s been tremendous busy. Effectively, he has been speaking to me a bit bit extra about getting one other deal, engaged on a mission and as we speak, I used to be so proud. He despatched me a property and he mentioned, “I arrange the displaying and we’re going at 5:30 as we speak.” I mentioned, “I’m so happy with you for locating the deal, getting us to displaying. Now, how are you going to pay for it?” He’s like, “Effectively, I’m poor, so you bought to pay that out.” However, I used to be tremendous completely satisfied for him that he’s able to get again into investing and taking some initiative after taking a while off. He has a full time landscaping enterprise that he runs, so it’s nonetheless his aspect hustle that he does, however yeah. Excited for him to get again into it.

Tony:
That’s superior. What sort of property is it? Is it a single household or duplex?

Ashley:
Yeah, it’s a single household and it’s truly proper close to his home the place we’ve additionally bought a property earlier than. This space, there’s truly a waste administration dump web site. I don’t even know, a landfill, I suppose that’s what it’s referred to as, and in that city… So he lives on the far finish of the city and the landfill is on the opposite aspect of the city, so we buy properties close to his aspect as a result of the landfill, they really pay the vast majority of the property taxes.

Tony:
That’s superior.

Ashley:
It’s one thing to do with, oh, due to the odor of the rubbish. Effectively, you may’t odor it in any respect if you’re on the opposite aspect of the city. So the property taxes, I imply, are ridiculously low-cost, particularly in New York State, so we discover that very engaging to buy on this space.

Tony:
Tip for brand new buyers, at all times search for the landfills. That’s the place you’ll discover one of the best offers going ahead. No, cool. I’m excited for you guys. Hold us posted on how that deal seems and I’m glad to see Joe again within the recreation.

Ashley:
Yeah. I don’t know. Joe was on one episode. We did a partnership. It was with Sarah too. We had her on speaking about partnerships, so that you guys must return and discover that within the considered one of our previous episodes and take a pay attention.

Tony:
Yeah. Cool. Effectively, glad issues are transferring alongside. I imply, we’re busy, busy, busy, proper now, however one of many issues we did most not too long ago that has been tremendously useful is we employed some people onto our groups. So now we have 4 those that we added to our operations staff.

Ashley:
Wow.

Tony:
So we’ve been ramping them up over the past couple of weeks, and it has been like a life altering expertise to have another individuals to handle all of the completely different items of the operational side. We’ve bought some digital assistants that we employed for the entrance finish visitor communication, then we employed an operation’s supervisor that manages these VAs and offers with the larger, extra strategic points that pop up. So me, Sarah and Omid are slowly getting a few of our time again, in order that means we’re not a lot within the weeds and we will proceed to give attention to rising the enterprise. Busy coaching individuals, but additionally, we will see the sunshine on the finish of the tunnel that it’s going to be probably the greatest choices we’ve ever made.

Ashley:
Yeah. I keep in mind Sarah did this Instagram reel the place you guys went to Disneyland, I believe. It was like, a day within the lifetime of an investor at Disneyland, and it’s like, “Oh, bought to maintain this name. Bought to shoot this interview message.”

Tony:
Completely. All that was so actual. Individuals had been asking, it’s like, “Oh, is that staged, the place you guys…” And I’d be like, “Actually that’s the life that we reside.”

Ashley:
I’ve been with them locations, and I do know it’s actual.

Tony:
Yeah, so excited to begin constructing the staff out so we will develop this into an precise enterprise and never only a job for ourselves.

Ashley:
Superior. Effectively, as we speak we need to speak about, truly, some apps as we speak that assist handle what you are promoting simpler, too. We each created an inventory of various apps that we use daily for various issues in our enterprise, and we thought possibly these would aid you guys, be an curiosity of you. As actual property buyers, we’re normally at all times on the go and we don’t at all times have time to sit down down, at a pc, and pull up software program or to go onto our computer systems and take a look at various things out, so with apps, you do the whole lot out of your telephone.

Ashley:
A number of the apps that I take advantage of when I’m in search of offers, the primary one, fairly apparent, is Zillow or realtor.com. These apps simply to scroll listings. The following is LandGlide, so that is an app that exhibits you parcel info, so you may enter an handle, or you may search, possibly in the event you’re driving round and also you see a home, you may pull it up on the map, see who the proprietor is, the mailing handle. PropStream is one other one that’s much like that, after which there’s additionally onX Hunt. That is my favourite one. It’s truly a looking app, so you may pull up details about the property too, however it additionally tells you, and LandGlide does this too, as to how a lot of the property of the parcel is possibly forest, how a lot is area? How a lot is the precise constructing? Are there different buildings on it? I believe that’s actually cool too, particularly in the event you’re in search of vacant land offers or a lot of acreage, you could find out what precisely that acreage consists of.

Ashley:
Then there’s additionally DealCheck, which is only a strategy to analyze the property and can truly pull info from the Amalas, resembling Zillow, into the calculator for you if you enter the handle. Then there’s Homesnap, the place you may truly take an image of the property, and it’ll truly pull it up for you, the knowledge on it, so it makes use of your GPS monitoring in your telephone, so it’s important to have all these location companies turned on. However these apps additionally inform you too, the define, the survey of the property. They’re not 100% correct, however in the event you’re strolling a property, I like to have the ability to see the place the precise strains are, the place the property ends and begins. These are my massive ones for locating offers.

Ashley:
The following ones that I take advantage of are extra simply to maintain my head in place, and the primary one is Private Capital. So that is the place I can hyperlink all of my financial institution accounts, all of my bank cards, even my funding accounts, and I can simply open it daily and I can see just a bit dashboard of what all my balances are on all of them. Then I take advantage of Straightforward Calculator, so it is a free app with so many various calculators. So I take advantage of it to compute curiosity solely funds. I take advantage of it to compute precept and curiosity funds to tug up an amortization schedule. After which I additionally, typically once I take into consideration, “Okay, if I put this a lot into my children’ financial savings account, or their funding account,” and I see on common, it takes 9%, I prefer to see in 10 years how a lot cash will children have of their invested account. So these completely different calculators I like to make use of and so they come useful. They’re so fast to open up.

Ashley:
Then the following factor is Google Duties. So this hyperlinks with all my different Google merchandise, so Google Calendar, Google Docs, all these. So Google Duties is only a very easy strategy to enter issues I have to do on the go and you may set them so that they’re truly in your calendar to remind you. You simply verify it if you’re carried out and it disappears, however you may at all times return and take a look at what you’ve truly achieved to your day.

Ashley:
Then the final app that I’ve used is Hours Tracker. And I’ve used this two other ways, so Hours Tracker, I’ve used it as time monitoring to see the place my time goes, the place I’ll simply log in and sign off as to, “Okay, I labored on my enterprise for 3 hours right here, after which I made lunch for an hour, after which I scrolled social media for an hour,” and it’s like, “Okay, there’s the place my time is wasted. There’s the place my time is productive.” However I’ve additionally carried out it to trace completely different initiatives. Darrell that I work with, he’s used this too, is to love, “Okay, he’s engaged on managing this rehab simply so we will get an thought too, of the place his time is definitely going.” So I discovered that app, Hours Tracker, very invaluable. And people are the principle apps that I take advantage of all through the day, in addition to my textual content messages and my mail. Really, I don’t even reply to textual content messages, so I wouldn’t even embody that one.

Tony:
Effectively, Ash, that was like an encyclopedia of actual property investing apps, so it’ll be onerous for me to high that, however I’ve a pair that I believe are cool. The primary one which I’ll speak about isn’t even about actual property investing. It’s about content material creation and I’m beginning with this one first as a result of I believe so many individuals can profit from sharing their journey about investing on social media and different platforms. One of many apps that I used to be utilizing is named Splice, so S-P-L-I-C-E, and it’s a very easy to make use of social media enhancing app, and it permits you to export within the reels or TikTok sized format. You may add captions and music and all types of different issues, so it’s a very easy strategy to take your regular content material, spruce it up a bit bit, so it will get a bit bit extra love on social.

Tony:
The following one I take advantage of, much like the Hour Tracker one, however it’s referred to as Time, and this one instantly integrates with QuickBooks, in order that’s why I like that one. My CPA really useful it. I used to be utilizing it extra so for the actual property skilled standing, so it’s important to observe your hours to point out how a lot time you’re placing into the enterprise, so we had been utilizing it for that motive, so time by QuickBooks. MileIQ is one other one which I actually like, in order that one helps you observe mileage in your automobiles. I can’t keep in mind if that one integrates with QuickBooks or not, however QuickBooks has one other model of a mile tracker app that’s actually useful.

Tony:
The following app that I take advantage of is the Schlage app, so in any respect of our short-term leases, now we have a keyless entry pad and we’re in a position to remotely unlock or lock that utilizing the Schlage app, after which we will additionally create, delete and edit distinctive codes for all of our visitors utilizing that app as effectively, so the Schlage app is tremendous useful as a brief time period rental proprietor. The following app we use for the quick time period leases is the Ring app. The Ring video doorbell, they’ve a complete suite of safety units. In addition they have the Ring floodlight digicam, which now we have at each single considered one of our properties, and that’s cool as a result of you may verify and see who’s coming in, who’s popping out. For those who ever have to scare somebody off of your property, you may make the alarms go off. We’ve had to do this a couple of times, so the Ring hole is unquestionably a useful one.

Tony:
Then the final one I’ll point out that’s productiveness base or, most likely not even productiveness primarily based, however the subsequent one I’ll point out is the Loom cell app, so in the event you guys don’t know, Loom is a display recording web site the place you may go and take fast display recordings of what you’re doing to offer video directions to somebody, however additionally they have a cell app. I discovered that to be tremendous useful as a result of typically we’re out or we’re doing stuff on our telephone and you may report a fast Loom in your telephone as effectively, in order that’s fairly cool.

Tony:
Then the final two I’ll point out, these ones are strictly productiveness. First is monday.com, so we’re massive on making an attempt to have mission administration software program for our enterprise. We used to make use of Wrike, we’ve since converted to monday.com. There’s a bit bit extra customization you are able to do there, but when we’re ever on the fly, we have to take observe of one thing whereas we’re on the go, the monday.com app is tremendous useful.

Tony:
Then the final one is a Miro, so M-I-R-O. Miro is a brainstorming app the place you are able to do… What are these issues referred to as? Little factor with the… Why can’t I keep in mind what they’re referred to as?

Ashley:
Like a-

Tony:
Anyway, it’s a brainstorming factor.

Ashley:
A corporation chart?

Tony:
Or you may put-

Ashley:
Like a mind dump?

Tony:
Yeah.

Ashley:
Yeah.

Tony:
Or a chart. Yeah, precisely.

Ashley:
Principally consider a white board-

Tony:
You guys know what we’re speaking about, proper?

Ashley:
… with Put up-it notes thrown up throughout it.

Tony:
Yeah. It’s going to drive me loopy that I can’t consider what the heck that diagram with the strains. I don’t know why I can’t consider what that is referred to as.

Ashley:
Yeah. Tony, truly simply bought me began utilizing that too, once we began mind dumping concepts for the podcast. I’ve to say, I actually take pleasure in it too, as a result of proper now, I even have this enormous whiteboard sitting in my lounge and I believe that this app is lastly going to get me away from whiteboards.

Tony:
The whiteboard? Yeah, it’s a thoughts map.

Ashley:
Thoughts map.

Tony:
That’s what it’s referred to as. A thoughts map.

Ashley:
Yeah. Okay.

Tony:
Yeah, so you may make thoughts maps, move charts, all types of different issues and simply any brainstorming. For most individuals which might be entrepreneurial, they’ve a thousand concepts a day, and it’s simple to let these concepts slip and you’ve got this nice thought and also you by no means execute on it as a result of it got here after which it went, so for me, I like having the Miro cell app as a result of anytime I’ve an thought about any a part of my enterprise, I open up Miro. We have now a board for that particular thought. I drop a bit observe on there, that means I can come again to it later when it’s time to execute, so the Miro app is one thing I take advantage of actually often as effectively. So I believe that’s the whole lot on my aspect Ash. These are all the large ones that we use frequently.

Ashley:
Yeah. I’m undoubtedly, fairly certain, I’m going to modify to that Time one, as a result of I like that it integrates with QuickBooks as a result of that’s what I take advantage of. Then I didn’t know that Loom had an app too, so I’m undoubtedly going to obtain them.

Tony:
Yeah.

Ashley:
Yeah, so thanks Tony.

Tony:
There you go.

Ashley:
Thanks guys for becoming a member of us this week for this week’s Rookie Reply. I’m Ashley at Welcome Leases and he’s Tony at Tony J Robinson on Instagram. We’ll see you guys on Wednesday.