Flipping houses is becoming increasingly popular, but without proper planning and preparation, the outcome may not be what you expect You can increase your chances of success by setting up systems, using a house-flipping app, and networking with experienced professionals Education and due diligence are key to staying ahead of the competition in this ever-changing industry, and the use of helpful resources and applications can help to stay up to date
The introduction of new technology - including apps designed for house flipping - has revolutionized the real estate industry These apps can assist you with every step of the process, from organizing projects to optimizing your budget.
Realeflow
Realeflow is a top-of-the-line tool for real estate investors that helps to generate leads and manage businesses It is renowned as one of the best house-flipping tools available It can be used to track deals, manage contracts, and implement email and direct marketing strategies, making it an effective and efficient way to manage important aspects of their business.
Repair Estimator Plus
Repair Estimator Plus is an online platform offered to Mastery Students in the FortuneBuilders educational system It is used to estimate the costs and expenses associated with a real estate deal to impress potential money lenders
Repair Estimator Plus is a one-stop platform to estimate costs and expenses associated with each deal This spreadsheet provides investors with the opportunity to put all their costs and expenses into one easy-to-use document to show to potential money lenders.
Matterport, Inc.
Matterport is a company that provides an innovative way for real estate investors to advertise their listings With 3-D renderings, buyers can take virtual tours and explore the property from the comfort of their own home, allowing for more visibility of the listing and an alternative to hosting open houses.
Houzz
Houzz is an online community and website that provides ideas and access to local professionals for architecture, interior design, landscape design, decorating, and home improvement
Redfin
Redfin is a real estate brokerage renowned for making the home search simpler and easier to manage This brokerage app can assist investors in both listing their properties and finding potential candidates to rehab.
SpyFu
SpyFu is a powerful marketing tool that helps investors make their websites more visible. Originally known as GoogleSpy, it is an analytics company that reveals the keywords websites are buying on Google Adwords and the keywords that are appearing in search results With this information, investors can optimize their website and improve its ranking, increasing the chances of people finding the information they want to share
Homesnap
Homesnap is an app that can help users find property listings in their area for their next project to flip It allows users to filter based on various aspects and partners with the navigation app Waze to allow users to drive around an area and view listings. The only limitation is that Homesnap only pulls on-market properties, so users must look elsewhere for off-market homes
Property Fixer
Property Fixer is a great tool for house flipping, allowing users to input the sale price and expected timeline of a project to calculate potential returns. It is especially useful for investors in fast-moving markets. However, certain costs, such as materials and taxes, are not included, and some features are only available in the premium version
Property Evaluator
Property Evaluator is a house-flipping app that can save time when comparing multiple rehab projects. It allows users to look at the financial aspects of a deal and offers more perks with the premium version It can also create branded reports for real estate teams or potential lenders to review However, it does not account for regional cost differences in labor or materials
Flipster
Flipster is an app that helps fix-and-flip investors identify potential properties in the area quickly, using data from a variety of online sources and owner information from public records. It reduces research time for new leads, making it a great solution for those looking for a way to save time
RealtyTrac
RealtyTrac is a paid subscription service for investors that helps them find foreclosures, undervalued properties, and other potential rehab opportunities. It allows users to customize their search parameters and provides listings with owner information, prices, and auction date and times
Angi
Angi (formerly Angie's List) is an app that helps users find reliable contractors in their area It charges a fee for listing and searching but provides peace of mind that the contractors are authentic, unlike some other websites where scams and no-shows can be an issue Angi can help reduce the hassle of finding help for projects