Buying rental property today is easier than ever before. Read “7 Factors to Consider When Purchasing Rental Property“. Modern technology is able to amass incredible amounts of data that you can access instantly helping you to find the perfect rental property. These days, a large number real estate apps are available to help you find the rental property that is not only located in the area you want, but that also fits within your budget.
If you want to know what properties are on the market in a given area you can download apps from Realtor.com, Zillow, and Trulia, to name just a few options available to you. Although digital house listings have been available for a while, the convenience of having them at your fingertips on your smartphone can’t be beat. It will also help you to make sure you don’t miss out on any great bargains.
Here 5 apps that can make the process of locating any buying a rental property easier:
Trulia (Apple and Android) features a number of filters you can use to choose a property. It also has a heat map feature that allows you to view things like which areas are crime-ridden or prone to flooding.
House Hunter (Apple) is an app that provides a scorecard that organizes photos and notes of potential homes you are considering. You can actually choose from more than 80 different home features that you can use to score potential properties.
Real Estate by Redfin (Apple) is an app developed for house hunting that features the ability to choose “Favorite” properties. Once you have marked a property as a favorite, you will receive alerts whenever there is a change in status on the listing. You can also use it to organize your house tours and open house visits. This app was actually chosen by Time as one of the “50 Best iPhone Apps of 2013.”
Lovely (Apple) is an app that also allows you to choose favorite properties. This app also has the advantage of being available on the web, so you can access your account on your mobile or home computer. This feature is particularly advantageous for viewing property photos, since you can see them on a larger screen.
If you need help figuring out what your monthly payments would be, you can use a mortgage calculator. In addition to its real estate app, Zillow offers Zillow Mortgages (Apple), an app that will help you to calculate your potential mortgage to make sure you can afford the property you want. It also allows you to “shop rates” to find a financial institution to suit your needs.
Modern methodology does not have to end with the purchase of your investment property. Once you have purchased your rental property, a quality property management company will use today’s technology to market your property, find quality tenants, and handle all of the administration associated with collecting rent and handling maintenance issues. Fort Lowell Realty and Property is proud to offer property owners the option to check on their accounts online at any time, as well as a number of ways to receive their funds. Tenants can also pay rent or report maintenance issues online for their convenience.
If you own rental property in the Tucson, AZ, or Phoenix, AZ, areas and would like to work with a top-notch property management company, contact Fort Lowell today.