The Best of Realty411 - Must-Read Articles for Real Estate Investors | Page 41

3 Ways Automation Tools

Are Helping Real Estate Investors ( REI ) Become Successful

By Victoria Kennedy
Image by Joshua Woroniecki from Pixabay

Real estate investment is a good business for multiple reasons . As a smart investor , not only can you leverage on real estate to build your wealth , you can also enjoy amazing tax advantages and live the American Dream . But it takes a lot of serious dedication and hard work to make money from it .

While most real estate investors feel the lingering need to handle every part of their business , it isn ' t advisable as this is an easy way of getting worn out especially when you are trying to juggle multiple deals at the same time .
Thanks to technology , there are automation tools primarily designed to make work much easier for real estate investors and wholesalers . In fact , automation tools have become the very key to attaining success in the real estate business today ­­ from making enormous profits to sealing deals . Hence , there is a need to utilize automation tools .
What is Real Estate Automation Tools ?
These automation tools are software basically designed for accomplishing real estate tasks and solving laborious problems investors encounter consistently and repetitively . As a success­driven real estate investor , here are basic reasons why you need to implement real estate automation tools ;
• They provide quick results
• They save time
• They reduce errors
• They promote business operations
There are several automation tools in existence but the following are a few out of many that can help you in boosting work productivity in the long term and take your real estate business to higher levels . In other words , handling all steps from finding properties to selling them off at reasonable prices .
Such automation tools are :
1 . Deal Machine : Used For Researching Properties to Buy
High competitive bidding of a rental property among investors typically shoots the price higher compared to a property with low bidding . Imagine buying a property where your competitor has little or no idea about it . This is where implementing Deal Machine becomes highly advantageous . It ’ s one of the best tools to use if you ’ re looking for properties that are off the market and could still be a great deal to buy .
Accuracy is a crucial factor to consider in this business and Deal Machine is one of the best tools that can provide you with accurate data . For instance , when you use the app to take a picture of a rental property , it will automatically know who to contact almost immediately .
41