Thanks to the internet, there are more resources available than ever to help a would-be real estate investor. Tutorials, tools, and guides abound, and if you’re looking to build your nest egg using rental properties or by flipping houses, then you should take advantage of as many of them as you can.
In this article, we’ll be talking about 10 of the best real estate investor websites that can help out every real estate investor; whether you’re a property flipper or hoping to get into Airbnb rentals, these sites can give you a serious edge over the competition.
Sometimes the data on Zillow isn’t quite straight forward, and it’s possible that you could miss some very vital information during your housing hunt. However, with Zumbly you can actually get a value score for every home that you’re considering.
This allows you to determine which homes would make the best long or short term rentals, allowing you to squeeze more profits from your investments and make more money. This tool helps investors to build more wealth and less debt from their real estate holdings. Check out our blog article that tells you all about how you can travel for free with Zumbly.
Zillow is a valuable tool for real estate investors. Not only can you find valuable properties for sale and list your own rentals, but you can also use it to spy on your competitors.
Use Zillow to cruise neighborhoods that you’re interested in and see what the average price for rent is there compared to the value of the home. You can also see the available stock of properties and see at a glance whether the property you’re considering is a good deal or overpriced.
It allows you to buy properties site unseen, thanks to their spectacular certification process and guarantees. This allows you to expand your rental ownership to states where you don’t live but have still found valuable investment opportunities.
It’s a potentially valuable tool for those looking to set up Airbnb rentals in hot areas in different parts of the country.
Need an all-in-one tool that can help you to manage your tenants? eRent Payment provides online payment services, tenant screenings, background, and credit checks, and it allows you to track and respond to maintenance requests too.
A tool like this is very useful if you’re starting to add more properties to your portfolio and you’re having trouble managing all of them. It not only makes things more convenient for your tenants, but it might help your phone to stop ringing off the hook with requests since you can simply tell them to submit a ticket for maintenance.
If you’re new to real estate investing, then you’ll definitely want to visit Bigger Pockets. This website is a huge information hub for real estate investors, and you can get your free landlord education there as well.
There are numerous free articles and podcasts, but it’s also a social network. This allows you to ask questions to experienced real estate investors and landlords in the community to help you get off on the right foot.
The legalities of becoming a landlord can be tricky, but Nolo is here to help. If you don’t have the benefit of expensive legal counsel on your side, then you should be checking Nolo to make sure that you’re doing things by the book.
Make sure you know how to craft a lease that’s within the laws of your state and that you know how to navigate things like eviction or pursuing legal actions for damages. Every state is different, and you’ll need to read up on your specific requirements before proceeding.
Looking for the best deals in real estate? Craigslist is a great place to find sellers looking to get out from under a property who will give you a killer deal if you have cash in hand.
It’s available in literally every location worldwide, and it’s a fabulous resource for a budding real estate investor. However, you should be aware that you’ll likely need to sort through a lot of listings to find the gems.
If you’re ready to do the wheeling and dealing that’s required though, you could end up picking up a very nice property for a very attractive price, especially if you’re capable of taking on a fixer-upper.
This Old House
Speaking of fixer-uppers, if you’re a real estate investor on a budget it’s likely that you’ll need to do a lot of the work on your properties yourself to remain profitable. If you need to learn how to be handy in a hurry, then This Old House has you covered.
They offer tutorials, videos, style tips and fixes for tons of problems faced by fixer-upper homes, and you can learn to do much of this yourself to save a bundle on labor costs. Just make sure that you know when to call in the pros, particularly for advanced electrical and plumbing issues.
Finding great deals in real estate requires you to find those deals before anyone else. This often means getting those properties before they are even on the market to the general public.
Propstream allows you to utilize data that generates valuable real estate leads so you can get to those buyers long before they even think about listing their properties on the MLS. This allows you to give them a cash offer that could win you a great deal and save them a lot of headaches.
Invest Four More
Interested in learning the ins and outs of house flipping? This blog can help you to understand everything you need to know about the process. The owner has flipped over 120 properties, and he’s willing to share that experience with you, at no charge even!
While he does have some books available on the subject, this is mostly a free resource which you should definitely use if you’re new to investing in real estate.
Related: How Does Rent to Own Work in 2019?