Real estate investing can be a smart choice to earn passive income. However, the traditional process of investing in real estate can be limiting and time-consuming. Hence, the rise of real estate investment apps that provide quick and easy access to investing opportunities. In this article, we’ll take a closer look at some of the best real estate investing app available right now.
Fundrise: This app allows small investors to pool their money with others and invest in real estate projects. The app offers three investment plans: Starter, Core, and Advanced. With a minimum investment of $500, investors can gain access to diversified real estate portfolios that offer returns as high as 8.7%.
Roofstock: This app allows investors to buy and sell single-family rental properties. With the app’s advanced tools, investors can evaluate a property’s potential and calculate returns on investment. Roofstock also offers property management services with an optional guarantee that covers any potential damages caused by the tenant.
Zillow: The popular real estate site has an app that provides real estate investing opportunities via the “Zestimate” feature. The Zestimate provides up-to-date evaluation of properties, making it easier for investors to purchase properties at a better price. The app also provides access to mortgage and finance calculators, market trends, and home value estimates.
RealtyMogul: This app focuses on commercial real estate investments. The app offers access to professionally evaluated investments that target high-yield returns, such as office, retail, and multifamily properties. RealtyMogul provides investors with transparency and protection by ensuring a thorough screening process and structuring deals with investor’s best interests in mind.
BiggerPockets: Unlike other apps, BiggerPockets functions more like a social network for real estate investors. Investors can network, join discussion groups, and get advice from experienced investors. The app also provides access to educational content such as podcast episodes and books, and offers an upgrade to a premium membership for access to full-length courses.
Conclusion:
Investing in real estate can be a wise financial decision, but it often requires time, research, and significant resources. Real estate investing apps have made the process easier and faster by providing investors with access to a variety of opportunities at their fingertips. Each app has its own unique features, so it is important for investors to conduct proper research before selecting an app. With the right app, investors can make more informed decisions and achieve their financial goals.
