You’re in for a treat once you learn about the best real estate apps that every investor needs on their phone.
Technology has so many applications nowadays. It’s difficult to find an industry that’s not influenced by the advancements in technology.
The real estate sector has undergone many changes because of technological progress. It’s now common to see buyers browsing the Internet for properties. Realtors utilize social media and online marketing strategies to grow their network and engage clients. Real estate transactions can be initiated and completed using a mobile device.
Without a doubt, technology has changed the real estate industry in so many ways.
Best Apps for Real Estate Investing
If you think that you can only use technology to buy, rent, or sell a house, think again. One more way you can leverage technology in real estate is by investing through various apps and tools.
- Best for Low Minimum Investment: Arrived Homes
- Best for Alternative Investing: Yieldstreet
- Best for REITs: Fundrise
- Best for Fractional Investment: Groundfloor
- Best for Accredited Investors: EquityMultiple
- Best for High-Yields: PeerStreet
- Best for Vetted Projects: CrowdStreet
- Best for Public Nontraded REITs: RealtyMogul
- Best for Long Term Investors: DiversyFund
- Best for Rental Income: Roofstock
1. Best for Low Minimum Investment: Arrived Homes
- Summary: Easily invest in renatal homes and start collecting property dividends immediately.
- Minimum investment: $100
- Fees: 1% annually
Arrived is a great real estate investing platform to use if you want a low minimum investment threshold for real estate investing. You can get started with as little as $100! It’s an especially useful tool to use if you want to diversify your portfolio and have someone else handle all the work that comes with being a landlord. All you really need to do is sign up, and collect your rental income each quarter.
The management fee is a modest 1% asset management fee, but it’s worth it considering how easy it is to get started. You can sign up for free and view the different properties available to invest in. Buy shares of properties, earn rental income and appreciation — let Arrived take care of the rest.
2. Best for Alternative Investing: Yieldstreet
- Summary: Get access to real estate, commercial, marine, legal and art investments.
- Minimum Investment: $1,000
- Fees: 1% – 2.5% in management fees
Yieldstreet is an alternative investment marketplace that brings private investment opportunities to retail investors that have typically been dominated by hedge funds and the ultra-wealthy. There is no other platform that lets you invest in real estate, art, legal finance, and more — that is until Yieldstreet.
Yieldstreet, unlike other crowdfunded real estate platforms, funds the crowdfunding incurred to finance those projects — as well as a number of other deals.
Yieldstreet is a marketplace where individuals can invest in private structured credit deals, which are typically inaccessible to retail investors.
Although most transactions are limited to accredited investors, Yieldstreet launched the Prism Fund in August 2020, which is accessible to nonaccredited investors with a $1,000 minimum investment.
As of October 2020, $1.5 billion had been invested in the platform. Yieldstreet was placed 46th on the 2020 Inc. 5000, a list of the fastest-growing privately held businesses in the United States.
3. Best for REITS: Fundrise
- Summary: With Fundrise, you can invest your money in a portfolio filled with real estate investments with only $10.
- Minimum Investment: $10
- Fees: 0.85% asset management fee per year
Fundrise is a crowdfunding platform suitable for new real estate investors because of its initial minimum investment of $10. Similar to other crowdfunding real estate apps, investors pool their money to buy residential and commercial properties.
After a quick signup and filling out your investor profile, you can access and monitor your Fundrise investment account’s performance, explore real estate investment options and be updated with the latest real estate developments in your newsfeed.
Fundrise’s goal is to build the best real estate investing experience and offers a 90-day money back guarantee, making real estate a smart choice for any investor’s portfolio. There are a few Fundrise alternatives on the market, but nobody beats them.
4. Best for Fractional Investment: Groundfloor
- Summary: Groundfloor offers short-term, high-yield real estate debt investments to the general public.
- Minimum Investment: $10
- Fees: No fees
Groundfloor is a peer to peer real estate lending platform for fix-and-flip properties open to all investors. The low minimum investment of only $10 opens up direct access to private real estate deals to you — and allows you to spread your risk and make great returns.
Setting up your account is quick and easy. Choose the amount you’d like to invest and get started with a little as $10. Build your own portfolio of short term, high yield, real estate debt investments based on your own personal risk/reward profile. Or let the investment wizard guide you. That’s all it takes to start earning passive income.
The great thing about Groundfloor is that — unlike most other platforms or eREITS — you can invest with as little as $10. This means that an initial $100 (which you can earn within a day) investment allows you to diversify into 10 different opportunities, and you can easily try out the platform if you’re new to real estate investing.
Debt products inherently carry less risk, which is why Groundfloor has been able to generate consistent 10%+ returns for its investors over the past six years, with repayments received in 6-9 months on average.
5. Best for Accredited Investors: EquityMultiple
- Summary: EquityMultiple is a real estate crowdfunding platform that gives investors access to professionally managed commercial real estate.
- Minimum Investment: $5,000
- Fees: 0.5% – 1.5%
EquityMultiple makes real estate investing simple for accredited investors . It is a blend of crowdfunding and a more traditional real estate investment approach which means higher returns for investors. The minimum amount required to open an account is $5,000, which is higher than Fundrise and Groundfloor, in comparison. However, you stand to make higher rates of returns (learn more here).
By opening an account you can get access to commercial real estate investments, an easy-to-use website, likely high rates of return. EquityMultiple has returned $39.2 million to investors and stands out from other real estate investing apps by offering equity, preferred equity and senior debt investments.
6. Best for High-Yields: PeerStreet
- Summary: Introducing the first marketplace for investing in real estate debt: PeerStreet. Now you can invest in the loans made to borrowers, and as they pay back their loans, you make money.
- Minimum Investment: $1,000
- Fees: 0.25% – 1.0% setup fee
PeerStreet allows anyone to invest in real estate, without the hassle or expense of managing property. Introducing the first marketplace for investing in real estate debt. Now you can invest in the loans made to borrowers, and as they pay back their loans, you make money.
It’s simple. Borrowers pay monthly interest on real estate loans, and you get your share of those payments as they are received. That is real estate debt investing.
PeerStreet has a low required minimum of $1,000 and a diverse portfolio of offerings. The PeerStreet Credit Opportunity Fund targets returns in the 8% to 15% range, however, it’s only for accredited investors. Start here to create your investor account and you can be investing in moments.
7. Best for Vetted Projects: CrowdStreet
- Summary: CrowdStreet gets you unparalleled access to institutional-quality real estate deals online. Register for a free account and start building your real estate portfolio.
- Minimum Investment: $25,000
- Fees: 0.50% – 2.5%
CrowdStreet is a crowdfunding platform that lets regular folks invest in the real estate industry, which was once reserved for wealthy people. Through CrowdStreet’s Marketplace, investors have access to dozens of deals across every asset class and risk profile, allowing them to choose the right investment opportunity for them and their portfolio.
CrowdStreet is an online marketplace where you can choose from available real estate investments. CrowdStreet allows you to:
- CrowdStreet is an excellent platform for investors who want to diversify their portfolio with real estate assets
- It offers valuable information to make real estate investments easy to understand
Each deal undergoes a comprehensive review process for inclusion on the Marketplace and CrowdStreet shares much of the information they gather with investors so they can make more informed investing decisions. CrowdStreet has some of the highest deal flow volume of any online platform, and it’s important that investors understand they do so while maintaining its commitment to only presenting them with institutional-quality deals.
Want to get unparalleled access to institutional-quality real estate deals online? Register for a free account and start building your real estate portfolio.
8. Best for Public Nontraded REITs: RealtyMogul
- Summary: With RealtyMogul, you can diversify with thoroughly vetted commercial real estate with the potential to generate income and grow in value.
- Minimum Investment: $5,000
- Fees: 1% – 1.25%
RealtyMogul offers real estate crowdfunding for nonaccredited and accredited investors. RealtyMogul offers you another way to access real estate deals that have more liquidity than other real estate investing apps. It has a higher than average account minimum of $5,000 and typical management fees of 1% to 1.25%. If you wanted to diversify and can meet the investment minimums, RealtyMogul can help you do just that.
It’s innovative platform streamlines commercial real estate investing and offers a wide variety of options for investors. If you wanted to grow your portfolio then RealtyMogul is one of the most user-friendly Fintech platforms on the market.
9. Best for Long Term Investors: DiversyFund
- Summary: DiversyFund lets you build your portfolio with tangible private market assets.
- Minimum Investment: $500
- Fees: No management fees
DiversyFund is a financial technology company specializing in alternative investments. They help everyday people achieve the American dream by giving them access to wealth-building opportunities that have previously been reserved for the 1%. They offer people the chance to invest in apartment complexes prime for improvement from only $500.
At DiversyFund, they make it easy to buy shares in a portfolio of fully vetted, multifamily real estate. With the click of a button, you could own a piece of a real estate investment trust (REIT), across multiple properties, just like Fundrise.
DiversyFund provides only one type of investment: The Growth REIT. This real estate investment trust focuses on offering investors income by investing in residential apartment buildings.
Unlike other crowdfunding platforms, DiversyFund invests in commercial properties and owns them outright. This saves the investor from hefty commission fees that come with other crowdfunding sites.
Investors don’t have the option of selling their investments and must wait until the company liquidates to make a profit. The investment term may be at least five years in duration. You can learn more here.
10. Best for Rental Income: Roofstock
- Summary: Roofstock allows you to purchase a slice of a rental home allowing you to earn passive income.
- Minimum Investment: $5,000
- Fees: Between 8% and 10% of the purchase price
Roofstock is a real estate investing app that lets you buy and rent out properties for passive income. If you are looking to diversify your portfolio by purchasing properties that can immediately give you a steady flow of passive income — Roofstock can help.
Instead of meeting up with real estate agents, it’s easier to start using Roofstock when buying rental properties. To get started simply sign up and create your investor profile. Roofstock is designed for people who want to earn passive income without the commitment of flipping a home.
Roofstock can also help you buy, sell, and own different types of residential properties. If you decide to sign up for a free account, they offer a 30-day guarantee. If you do purchase a rental unit and aren’t satisfied, you can get a full refund of the original purchase price after they sell off the home.
Other Apps for Real Estate Investors
These are the best real estate apps for buyers and sellers that are key ingredients for making it in the real estate industry. Whether you want to as little as $10 or invest $10k in real estate — these apps can help.
11. Millionacres: Real Estate Winners
Ready to build real wealth? If you’re ready to rack up returns like 13.4%, 14.1%, and 16.7% per year – Real Estate Winners can help. You can benefit from real estate’s supposedly unfair advantages like almost unbelievable tax breaks, government-mandated payouts, and limited supply without ever becoming a landlord and swinging a hammer!
Armed with investment alerts, you can create a real estate portfolio with just a few clicks and start building real wealth today. Priced at $149 per year, Real Estate Winners teaches subscribers how to build a real estate portfolio and develop real wealth.
Unlike the other Millionacres subscription service, Mogul ($3,000 per year), Real Estate Winners is an affordable way for investors to dip their toes into the space, learn more, and get started – even if they have limited or zero real estate investing experience.
Real Estate Winners can benefit from:
- New stock recommendations each month.
- Regular updates on recommended stocks following earnings and other events.
- Top 10 Investment Alerts delivered each quarter.
- Tons of great educational content and resources to make you a smarter real estate investor.
12. Rocket Homes
Rocket Homes makes it easy search for homes, connect with a real estate professional and obtain mortgage approval through sister company Rocket Mortgage.
Homeowners who want to sell their property will be able to Rocket Homes Seller Solutions which includes:
- Using ForSaleByOwner.com to go through the process on their own
- Connect with on-staff Rocket Homes Real Estate Agents to help with the most complex parts of the real estate transaction (currently available in some areas)
- Leveraging the Rocket Homes Verified Partner Agent Network of trusted and vetted professionals
Home buyers can easily use the Rocket Homes website or app to do the following:
- View listings from all 50 states
- Read through Housing Market Reports that provide deep insights and trend information
- Utilize proprietary credit monitoring tools
13. Zillow App
If you’re searching for an app that lets you compare realtors in your area, the Zillow app is your best bet. The Agent Finder tool of Zillow helps you search and filter real estate agents by star rating.
The Zillow app offers plenty of features that every real estate investor can use, such as:
- Access multiple listings right in your mobile phone
- Compare the costs of similar properties by generating price reports
- Monitor if your existing property is sold and discover new real estate assets to put your money into
- Allows you to sell your home online with a for sale by owner listing
14. Xome app
Investors and real estate agents can utilize the Xome app by installing it on an iOS or Android-powered device.
The Xome app may seem like the typical run-off-the-mill online real estate tool at first glance. But, what sets Xome apart from other apps is its auction feature.
You can look up auctioned homes and make a bid before the general public sees the listing.
15. BiggerPockets App
BiggerPockets is an online resource suitable for new and experienced real estate investors. BiggerPockets.com aims to help regular folks build their wealth by investing in real estate. Download the app to engage with the BiggerPockets community.
The BiggerPockets app is beneficial when you want to:
- Build your real estate network
- Listen to podcasts for actionable tips and insights to guide you in your real estate investment journey
16. Auction.com App
Auction.com claims to have the largest selection of foreclosure and bank-owned residential properties. Using the Auction.com app, you can start searching their listings wherever you are.
Simply create an account at Auction.com and download the app to start bidding on investment-worthy properties from your mobile phone.
The Auction.com app also lets you:
- Receive real-time updates and notifications for properties on sale through the Foreclosure Interact™ feature
- Communicate with real estate agents through the app
- Access the Property Information Report and Title Information of selected properties
17. Ten-X Commercial App
The rise in the number of real estate apps is a testament that technology is powerful. Buying and selling real estate in the past required the buyer and seller to transact face-to-face. Ten-X Commercial uses data-driven technology to improve the way electronic transactions are performed.
You can take advantage of Ten-X Commercial’s extensive network of properties for buying and selling real estate and live bid feature allows you to get a sale on your preferred close date
18. Property Fixer app
Not all real estate investing apps are about putting your money in investment trusts and foreclosed properties. Property Fixer app is a mobile app if you’re into flipping houses and want to find out whether a property is worth investing in.
Property Fixer app also has a property analysis tool and a holding period tool so that you can determine how much profit you can earn from fixing a property.
19. 10BII Calc HD Financial Calculator App
A real estate calculator can make your life as an investor easier. A standard calculator may suffice, but 10BII Calc HD Financial Calculator is a tool that’ll make computations simpler and more accurate for real estate investors.
Compared to a standard calculator, 10BII Calc HD Financial Calculator is a business calculator that lets you compute the following quickly:
- Loan payments, amortization, and interest rates
- Time value of money feature helps you with discounting and compounding calculations
- Cash flows and business percentages
20. Stessa App
If you’re already into real estate investing, you need a tool to keep all your properties in check. Stessa is an online tool that lets you monitor and analyze all your real estate-related investments in one place.
It also provides the latest news and valuable information to real estate investors. Among the different things that you can do with Stessa, here are the most important:
- Monitor all your properties anywhere in one platform
- Manage income and expenses of properties
- Generate monthly reports
- Organize and keep crucial real estate documents
Real Estate Investing Common Questions
Popular ways to invest in property with $10,000 include methods like crowdfunding, REITs, and real estate partnerships.
Buying shares in income-generating real estate with companies like Fundrise is one of the best assets you can buy with 10k. But you can also invest in real estate stocks for free with platforms like M1 Finance to begin building wealth.
To invest in real estate crowdfunding, create an account with online crowdfunding websites like Groundfloor or Fundrise. You can then deposit funds from your bank account and begin investing in real estate, even if you don’t have experience with this asset class.
Platforms like AcreTrader let you invest in income-generating farmland, and some of the investment opportunities on the platform are $10,000 or less. You can also pool money together with partners to buy land with only 10k.
Investing $10,000 in 2021 is a wise move to begin growing your wealth. But you need to determine your investing timeframe, risk tolerance, and goals for returns. Stocks, cryptocurrency, bonds, and real estate are just a few examples of places you can invest $10k.
Invest in Real Estate Now
Investing in real estate or stocks is a very lucrative venture. Fortunately, the availability of real estate investing apps and tools makes it easier to diversify your portfolio of assets, whether you’re an experienced or new investor.
- Real Estate Investing in Your 20s: 9 Steps for Getting Started
- 6 Slimy Tricks Real Estate Agents Play Revealed
- 13 Realistic Ways To Invest $100K Right Now
- How to Invest in Farmland