Identifying the best real estate investment app is like navigating a dense jungle where each path promises rich rewards yet harbors its own risks. Featuring insights from CEOs and owners, this comprehensive guide unpacks the most promising tools for real estate investing. Learn why experts recommend Mashvisor for its predictive analytics and DiversyFund for automating your investments with versatile tools. This guide summarises 9 pivotal insights from top industry leaders.
- Utilise Mashvisor’s Predictive Analytics
- Invest with CrowdStreet’s Vetting Process
- Explore Fundrise’s Diversified Portfolio
- Analyze Properties with DealMachine
- Network and Analyze with BiggerPockets
- Identify Properties with PropStream
- Explore RealtyMogul’s Investment Options
- Manage Rentals with Roofstock
- Automate with DiversyFund’s Tools
Utilise Mashvisor’s Predictive Analytics
Mashvisor has been a game-changer in expanding our portfolio across six states. Its predictive analytics have been spot-on for identifying profitable short-term rental opportunities and potential flip properties. The app’s neighborhood analysis feature gives us a competitive edge when entering new markets. Mashvisor’s user-friendly interface and comprehensive data have made it indispensable for our multi-state operations, saving us countless hours of research and improving our ROI.
Erik Wright, CEO, New Horizon Home Buyers
Invest with CrowdStreet’s Vetting Process
In my 36 years of real-estate experience, I’ve found CrowdStreet to be the most promising investment app for portfolio growth in 2024. Its focus on commercial real-estate opportunities and rigorous vetting process aligns perfectly with the sophisticated investment strategies we employ, consistently yielding above-market returns for our clients.
Dino DiNenna, Real Estate Broker, Hilton Head Realty Sales
Explore Fundrise’s Diversified Portfolio
One of the best real-estate investment apps to grow your portfolio in 2024 is Fundrise. This app allows individuals to invest in private real-estate projects that were traditionally only accessible to institutional investors. Fundrise offers a user-friendly platform that enables investors to buy shares in a diversified portfolio of real-estate assets, including commercial and residential properties, across the United States.
Fundrise provides several investment tiers starting as low as $10, making it accessible for new investors, while also offering options for more experienced investors with larger portfolios. The app focuses on REITs (Real Estate Investment Trusts) and private real-estate investments, which allows users to earn potential income through dividends and long-term appreciation. Additionally, Fundrise gives users access to its platform’s easy-to-navigate dashboard where investors can track their portfolios, view property updates, and monitor performance metrics.
Fundrise has historically delivered competitive returns compared to traditional stock market investments. By investing in a mix of equity and debt assets, the app offers users diversified exposure to real estate with lower volatility than direct property investment.
Pros:
- Low minimum investment.
- Diversified exposure to real estate.
- Transparent and easy-to-use interface.
- Regular performance updates on properties.
Cons:
- Real-estate investments are inherently less liquid, meaning it can be challenging to withdraw funds quickly.
- Investors should have a long-term perspective, as the app focuses on steady, long-term growth rather than rapid gains.
Rose Jimenez, Chief Finance Officer, Culture.org
Analyze Properties with DealMachine
I’ve found DealMachine to be the standout real estate investment app for 2024. It’s revolutionised how we identify and analyze potential properties, with its driving-for-dollars feature and instant property owner look-up. The app’s ability to calculate ARV and repair costs on the go has saved us countless hours and improved our decision-making process. Based on our data, we’ve seen a 30% increase in successful deals since integrating DealMachine into our workflow.
Catherine Mack, Owner, House Buyer Network
Network and Analyze with BiggerPockets
Gotta say, BiggerPockets is hands-down the best app for growing your real estate portfolio in 2024. We’ve been using it to network with other investors, access educational resources, and analyze potential deals. The rental property calculator has been a game-changer for our 8 rental properties, helping us make data-driven decisions. Since we started using it, we’ve seen a 25% improvement in our ROI on flips and rentals.
Brandon Hardiman, Founder, Yellow Hammer Home Buyers
Identify Properties with PropStream
For growing your real estate portfolio in 2024, I highly recommend the PropStream app. Its comprehensive database and powerful analytics have been invaluable in identifying off-market properties and motivated sellers—crucial for our operations. The app’s ability to provide detailed property information, owner contact details, and even estimated repair costs has significantly streamlined our acquisition process. We’ve seen a 40% increase in successful deals since integrating PropStream into our workflow.
Michael Yerardi, Owner, Turning Point Home Buyers
Explore RealtyMogul’s Investment Options
For 2024, I’m particularly impressed with the RealtyMogul app for growing real estate portfolios. It offers a range of investment options, from REITs to individual properties, catering to different risk appetites. The app’s due-diligence process is thorough, which aligns with our commitment to quality. I’ve found their educational resources exceptionally helpful for investors looking to expand their knowledge base. The intuitive dashboard and regular updates keep you well-informed about your investments’ performance.
James Heartquist, Owner, Modern Property Solutions
Manage Rentals with Roofstock
Based on my experience, I believe Roofstock is the premier real estate investment app for 2024. It’s revolutionised the way investors can purchase and manage single-family rental properties across the U.S. The app provides comprehensive property analysis, including neighborhood ratings, estimated returns, and property-management options. We’ve successfully acquired several cash-flowing properties through Roofstock, with an average cap rate of 7.5%—significantly higher than what we typically see in our local market.
Russ Majanck, Owner, Valley Residential Group
Automate with DiversyFund’s Tools
Based on my experience in the SF Bay Area market, I’d say DiversyFund is the top real-estate investment app for 2024. Their focus on multi-family properties aligns well with our local market trends. The app’s automated-investing features and thorough market-analysis tools have been invaluable for our clients looking to expand their portfolios. Plus, their low fees and transparent reporting make it easy to track your investments’ performance over time.
Mamta Saini, CEO, We Buy Houses In SF Bay Area
