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As a real estate investor, it is absolutely crucial that you are equipping yourself with the best tools for real estate investors in order to ensure that you are achieving long-lasting success.
This rings true for every step of your real estate journey, from locating and buying the best investment properties, to renting, managing and selling those investments.
That is why I decided to share with you some of the best-rated publicly available tools for real estate investors in order to plan, build and manage their portfolios.
In full honesty, these tools are useful for more than just investors in the Greater Toronto Area (GTA) but are actually an excellent option for all sorts of investors across Canada and beyond. As well, I recommend that you take the time to research each of these tools yourself in order to make sure they are the perfect fit for you.
As well, one of the most overlooked tools for real estate investors is a great financing strategy. However, we want to help you fix that by offering you a free strategy call at the link below.
Real Estate Research Tools For Real Estate Investors
Research is easily one of the most important things you can take the time to do as a real estate investor. The market is constantly changing and many of the things you learned about the market in the past are no longer true today. You need to stay on top of the latest information so that when the market shifts, you are ready to change with it. So, here are some of the top tools for real estate investors
At its surface, Realtor.ca looks like nothing more than a website to scroll through MLS (Multiple Listing Service) listings in order to find your next property. However, once you dig a little bit deeper, you will find that it is much more than that.
Realtor.ca is also home to an array of useful real estate calculators to help you find reasonable estimates for how much your investments will cost to upkeep. You can also use it to access a variety of analytic tools for real estate investors and statistics in order to develop a clear picture of the quality of the property and neighbourhood it is located in. This includes information regarding local amenities, demographic data about the area and more.
The Canadian Real Estate Network
Another excellent source of up-to-date information regarding the world of real estate is right here on the Canadian Real Estate Network. Here, I alongside other investors and real estate professionals are constantly sharing some of the most important and up-to-date facts you should know regarding a wide array of real estate investments and investing strategies.
For the sake of disclosure, Mr. Hamilton is my website. As an investor and realtor myself, I pride myself on providing you with the latest, up-to-date information about key markets and shifts in the world of real estate. My team and I pride ourselves on offering you regular blog posts, podcasts and informational guides and courses in order to help you achieve the best returns on your investments.
You can check out my website at MrHamilton.ca
Walk Score is a metric tool that many rental listing platforms will use in order to inform tenants about how accessible certain amenities are and the ease of access they will have by foot, bike or car. This tool can also be useful for you as an investor. When you are considering buying a particular property, you can look up the property in order to see which amenities tenants will be shown and how accessible they are. This can help you decide if a property will be in-demand for certain demographics while also assisting you in writing the rental listing.
Discover How To Develop Real Estate With This Step By Step Guide
Business and Property Management Tools For Real Estate Investors
Once you have purchased an investment property, it is time to start utilizing tools that will help you manage your investments while staying on top of the business side of things. These are some of the best tools for real estate investors to use in order to build the business end of their investments.
DocuSign is a powerful tool for digitally managing and signing important documents. Instead of wasting your time signing and double-checking printed contracts and forms, you are capable of doing so virtually and making the process ten times easier. With the amount of paperwork that comes with the industry, it is not hard to see why this is one of the best tools for real estate investors.
If you are looking for an all-in-one real estate management solution, liv.rent has an excellent platform that may suit your needs. This platform offers a variety of services to assist you with listing and marketing your properties as well as managing your properties and tenants.
This tool is highly recommended by many experienced property managers for its affordable price and how easily it allows you to manage a large investment portfolio.
Office 365 and Google Workspace
While these platforms are not specifically tools for real estate investors, Office 365 and Google Workspace offer familiar, easy to understand platforms that you can use to keep up with your real estate investments. Between One Drive and Google Drive providing cloud storage for important documents or Outlook and Gmail being great options for communicating with tenants by email, these tools for real estate investors provide a simple experience that can be incredibly appealing to new investors.
Utilizing Your Network
One of the most overlooked tools for real estate investor’s toolbox is their network. Every skilled realtor, mortgage agent, contractor, and real estate professional that you meet may be the key to your next big deal or making the most of your existing investments. So, never hesitate to lean on your network and allow them to show you the way whenever you are trying to figure out your next step as a real estate investor. Not sure who to call? Give me a call and my team will gladly connect you with some of my most trusted partners in order to keep you on track while helping you to use some of my favorite tools for real estate investors.
Bonus: The Canadian Real Estate Investing Playbook
Another excellent tool I have to offer to you is my book, The Canadian Real Estate Investing Playbook. This guide offers you insight on some of the best strategies and resources that I use for my own investments, as well as insights into the stories and strategies employed by some of the most talented investors I know.
The best part? This book can be yours for free! That is right I am offering you my book for free so that you can unlock your true potential as a real estate investor. All you need to do is click the link here to sign up for your own digital copy of the book and all of its secrets can be yours.
As well, if you would like to pull together your investment planning and strategy into a single clear integrated system like our 500+ investor clients including 45 self-made real estate investor millionaires, our Vision Architect Program™ is right for you. Please email us at email@example.com to speak to one of our investor specialist Coaches at iWIN Real Estate, the FOUR time Realtors of the Year to Investors in Ontario.
If you’re just looking to learn more and not ready to move forward on an investment, get the new FREE book titled “The Canadian Real Estate Investing Playbook” teaching you the 8 most powerful real estate strategies that will help YOU retire early. CLICK HERE to get your FREE copy instantly
Until next time,
If you would like to learn more about how to apply various tools for real estate investors in order to achieve you dream of passive income, click the link below for a free strategy call to get started with some financial tools.