5 Helpful Tools for Managing Your Real Estate Investing Business

Christina El MoussaBlog, Budgeting, Flipping Houses, Real Estate Business, Real Estate Investing0 Comments

A businessman playing Jenga.

If you’ve watched much of our show, Flip or Flop, you already know that Tarek and I split up a lot of the work for our business. Between the two of us, we can cover a lot of ground and get a lot done in much less time than we could if we were working on our own. Dividing and conquering isn’t the only way we make our real estate business run smoothly, though. If you want to start a real estate business from home like we have, I definitely recommend checking out a few really handy tools to help you manage your time, money, deals, and more.

Hootsuite

First of all, if you aren’t at the point where you’re hiring a marketing expert, you’re going to have to keep up with multiple social media accounts, and you’re going to have to do it consistently and on schedule. Hootsuite lets you manage multiple platforms and automate your posts so that you can get more done without stopping to update your Facebook page or post a tweet every few minutes or hours.

Cloud Storage

Need to share a file, pictures, or any other digital media with your accountant, attorney, partner, or anyone else you’re doing business with on a flip deal? With Google Drive, Dropbox or Cloudwards, you have virtually unlimited cloud storage space that you can use for all of your business’ electronic information and materials. With these tools, you never have to wait until you get home to your computer to send a file, upload pictures to a listing, or get important documents to your lawyer or accountant.

Zillow and Hotpads

Both Zillow and Hotpads have mobile apps that you can download to your phone or tablet. Why are these so useful? Sometimes you’ll find listings for houses for sale by owner on Zillow or Hotpads that aren’t on the MLS. With an app, you can peruse the listings on both of these sites easily wherever you happen to be. Whether you’re waiting for a doctor’s appointment or for your lunch order, you can snatch a couple of minutes’ worth of work in between doing other things. I’ve found some pretty amazing deals with these apps. You might be surprised what pops up.

NuOffer

Flipping houses is a fast-paced business, and you can end up losing a lot of deals if you aren’t quick with your paperwork. With NuOffer, you can draw up, sign, and send offers and other real estate paperwork on your phone or tablet. It’s fast, paperless, and incredibly easy.

Evernote and Scannable

But what do you do if you have a physical copy of a document and you need to get it across town in seconds? Don’t worry because Evernote and Scannable have you covered.

If you aren’t already using Evernote to keep notes on properties, organize materials, share with your partners, and present to your investors, you’re really missing out. Tarek and I use it to keep up with each other and our projects, and we even use it for our grocery lists and other random errands. And with the latest app for Evernote, Scannable, you can do even more with it. If you have a paper document, receipt, business card, or anything else that needs to be scanned and sent fast, Scannable lets you snap a picture of it with your phone. Then you can easily send it wherever it needs to go.

With these five tools, you should be on your way to a more streamlined and efficient real estate business. And because they’re all mobile-friendly, you can start a real estate business from home or anywhere you happen to be.

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