There are few investments more assured of paying off than real estate. You could certainly find yourself in hot water if you’re not careful; if you buy at the height of the market and find that you have to sell in a downturn or you take out a variable rate loan when interest rates are rock bottom only plan for payments that reflect the current low price then you may not profit from your investment. But by and large, if you are smart about the investment you make and realistic about your plans for your property, chances are good that this tangible asset will pay off in the long run, and to the tune of thousands of dollars (or even hundreds of thousands) if you’re lucky. Of course, nobody starts out as an expert, so you may find yourself in need of some helpful hints or professional advice along the way. And it turns out that the knowledge you seek is only a tap away: it is for exactly this purpose that the BiggerPockets application was designed.
If you’ve been interested in real estate for a while, then you may already be familiar with the website of the same name. BiggerPockets.com has become a popular resource for all things RE, with a member network 125,000 strong and 500,000+ unique visitors every month. And it’s really not surprising considering the targeted tools they provide. Whether you’re an agent, an investor, a first-time home buyer, or a real estate enthusiast of some stripe, this website can offer you access to tens of thousands of articles posted by pros, more than half a million forum posts, opportunities to make (and analyze) deals, advertising programs for business marketing purposes, and news related to the real estate marketplace. In short, it’s practically everything a motivated buyer or seller might need to ensure wise dealings in the housing market.
Of course, the app doesn’t offer users all of the functionality provided by the website, but it definitely makes getting the information and advice you need a lot easier thanks to on-the-go access to searchable articles and forum posts that help to connect amateurs and pros alike. Say you’re looking for homes with swimming pools and you find one that looks good, for the right price, but the pool has been neglected. If you’re looking for advice on the cost and effort involved in rehabbing the pool, you can run a search for articles and forum posts related to your query or simply put it to the community at large by posting your own questions to the forum. And over time, you can share the wealth of your own knowledge, as well, helping other buyers in need.
You’ll be happy to hear that this handy application is free to download for your iPhone, as are dozens of BiggerPockets podcasts posted on the iTunes store. While the app won’t provide you with MLS postings like Movoto, Zillow, or Trulia, it can definitely serve in a complimentary capacity by helping you to educate yourself about every aspect of the real estate purchasing process. Agents that want to provide the best service for their clients, investors looking for new ways to make their money work for them, and buyers seeking a dream home can all benefit from the collective knowledge offered by BiggerPockets. And considering you can take it with you from one property to then next, getting advice every step of the way, it’s one mobile app that no RE aficionado should leave home without.