3 Essential Investment Property Websites
Real estate investors need a source for listings, a way to do due diligence, and a way to raise their hand and ask a question from their community. These three websites fill that purpose.
In selecting the top websites for investment properties, we highlighted one website per category. Each of these is the category leader, specifically for real estate investors. This means the website focuses on investors as an audience and that they align incentives with the real estate investment community.
The top three websites for property investors are:
- Awning: Finding single-family rentals with completed comps
- PropertyShark: Analyzing property history and completing due diligence
- BiggerPockets: Networking with and learning from other real estate investors
The three best investment property websites are:
1. Awning: Find Investment Properties
Awning is a listing platform founded in California that helps investors find the highest yielding investment properties in a market. The Awning team hand selects the best properties but allows investors to browse all of them. The site is unique because it combines all the investment research on the listing page.
Every listing features:
- The listing and home description
- Projected appreciation
- Niche.com neighborhood and school scores
- Estimated repair costs
- Estimated rent for the property
- Projected cash flow
- Projected cap rates
Besides that investors can fine tune any of the assumptions right on the listings and watch as the projections change.
There are no upfront costs to browse properties. Awning offers investors a buy-side brokerage that makes its money the traditional way, from commission on the sale.
Awning made the top of this list because investors built it for investors. Combining the best analytics, algorithms, and data with thorough human review and support from brokers focused only on helping real estate investors in a specific market.
2. PropertyShark: Complete Due Diligence
PropertyShark is an online database of property records that grants investors access to historical data about a property. It offers investors the opportunity to review both public and non-public information about a specific property. It’s a key step in the due diligence process, especially for multi-family investors.
A typical report includes:
- Contact information
- Neighborhood Data
With a starting price of $60/month, PropertyShark offers full-time investors and real estate agents service to property investors at an affordable level of access. Gathering and calculating this information can take several days, with a high probability of missing something important.
3. BiggerPockets: Network With Investors
BiggerPockets is an online forum and education center for real estate investors. It was founded as a forum and quickly grew into all kinds of content, from books to video tutorials. BiggerPockets offers investors a community of like-minded people to learn from and ask questions of.
It isn’t very easy to meet other real estate investors, as most are quite busy, so BiggerPockets makes that easier. The company has also assembled some of the best and most accessible educational material for real estate investors.
The BiggerPockets offering includes:
- Tools and Calculators
The service is completely free if you want to just use the forum. However, for the bootcamp, property analysis, and other tools, you’ll need to pay $39 per month. If you’re an avid investor and get value out of the site, upgrading can make sense.
The best investment property websites solve the three pillars of real estate investing. Inventory, due diligence, and community. Investors can complete everything in between directly with various partners. Investors should shop around for the best financing rates and should rely on the reviews of other investors if they plan to select property managers. Top investment property websites give investors the tools they need to find and purchase the best investment properties on the market.