Real Estate Investment Software – SBG’s Top Picks for 2023

RealData is a company with several versions of its real estate investment management software: One designed only for investors, one for developers, and a bundle for both.

Therefore, one of the best things about RealData is its flexibility. Designed to resemble Excel, RealData is available for both Windows and macOS computers. You can easily download the software and set it up to fit your business environment. Note that files are not cross-compatible.

The real estate software for investors has two tiers: The Express version supports smaller commercial and residential portfolios, which is best suited for beginners. You can use the software for a lifetime once you pay $159, or get a 30-day license for $85. With RealData’s products, you can buy and sell various properties – from multi-family homes and apartments for one person, to non-residential properties. The software comes with three modes of analysis: Short-term projection, detailed projection, and long-term projections.

Instead of the Express package, you can get the Professional software option, designed for bigger businesses and investors with diverse portfolios. With this real estate analysis software, you can create and manage presentations, produce long and detailed 20-year projections, manage up to 1,000 commercial units, and easily add, edit, or remove units if needed. This software also allows you to present your projections to financial planners, lenders, partners, or clients. Whether you want to create a simple analysis or complex investment plan for your partners, REIA’s Professional edition can do that for you. Other real estate analysis tools, such as comparison and portfolio analysis, are available as add-ons; with them, you’ll get reports showing cash investment, before and after-tax cash flow, purchase price, and more.

All in all, RealData is a powerful tool that will help you maximize profit and minimize risks by providing property data and analysis, financial modeling, and market research.

If you’re a real estate professional or company looking for an edge in the market, DealMachine could be the best real estate software. Cleverly designed to help you find off-market properties and generate leads, DealMachine is an asset for anyone serious about making money in real estate. With DealMachine, you’ll have access to a powerful search engine, real-time alerts, and a host of other features that will help you close deals and make money.

DealMachine offers two software options in one app – Driving for Dollars and List Builder, both with three pricing tiers. The pricing starts at $49 per month with an annual subscription, regardless of the product you choose. Moreover, both software options come with a tool for researching property data (ownership, mortgage, vacancy, etc.), skip tracing, and direct mail marketing. Of course, additional tools are available a la carte.

If you are looking for a top real estate software for lead collection, the List Builder option is what you need. The software helps you generate leads, build a list with your leads, search the entire neighborhood, and more. You can use several filters to start your search, like zip code, city, draw area, foreclosures, owner type, a year when the property was built, and more. For the starting price, you can collect up to 4,000 leads per month and automatically synchronize dates with seller situations.

DealMachine works on any device you use, but its mobile app is particularly worthy of our attention. You can download it from the App Store and Google Play. The app has powerful investment analysis tools: For example, the Comps feature allows you to compare the prices of sold houses in the area where you have properties. Overall, the mobile app has many other features to help you manage investments and make smarter business decisions.

Our DealMachine review wouldn’t be complete without mentioning its customer support. DealMachine takes pride in its customer service and works hard to resolve any issue the customer may have. Customers can access a knowledge base of articles that address the most common questions and issues and discuss issues on the company’s Facebook community page. Finally, DealMachine offers a live chat option for customers who need immediate assistance.

Founded in 2006, Realeflow is comprehensive real estate investing software for investors and entrepreneurs. The software helps you track leads, analyze deals, create offers, and even repair properties. Realeflow claims they helped over 100,000 investors and closed over 10 billion deals. Our Realeflow review will highlight the software’s unique features and explain how you can benefit from it.

The first thing worth mentioning is that Realeflow has a real-estate CRM functionality, so you can use the software to store and manage your contacts and properties effortlessly. The software gives you the ability to track your interactions with clients, schedule appointments, and manage your sales pipeline. Realeflow is the best real estate wholesaling software if you want to store and manage all your data from one central platform.

Another feature we need to mention is Property Listing Pages which allows investors to create an URL for every property. This way, your clients will be able to see images and all important property details (number of rooms, additional space, property type, heating type, and more). The Realeflow website builder is so well-designed, you don’t need to know anything about website creation or making copies – Realeflow works on your behalf to design a compelling platform.

Other real estate investing tools Realeflow includes are direct mail, lead pipelines, email automation, deal analyzer, and many others that will help you manage leads, analyze deals, and track ROI. The company’s outstanding customer service agents are available on business days from 9 a.m. to 8 p.m (ET) through email and phone.

On the downside, this isn’t a great match if you’re looking for affordable, all-in-one real estate investing software. Realeflow is designed to help you find the best investment properties, manage your rehab projects, and track your progress every step of the way, but these powerful features come with a price. If it fits within your budget, on the other hand, there are three pricing options to choose from, depending on your expertise level.

If you are just getting started in real estate investing, the Lite plan is the best real estate investment program for you. For $75 per month ($62 if you get an annual plan), you’ll get access to the lead pipeline tools, one website, and direct mail engine. As your business grows, you can opt for more comprehensive pricing solutions that include all tools, more users, and more websites.

Stessa is all-in-one software for tracking property performance and finances, allowing investors to track their portfolios and get detailed reports about all properties. It provides detailed analytics on rental income, occupancy rates, and other key metrics, as well as tools to help investors elevate their business and find more clients.

Designed by real estate investors for real estate investors, the software is easy to use and relies on simple management and communication features to streamline real estate investment tasks. But that’s not all – Stessa is free real estate software for investors! Though this might seem suspicious, the software is equipped with numerous tools and features that you’ll find with other more expensive software products. It’s funded by bigger companies that can pay for its premium services.

Stessa can help you reach your real estate goals by tracking and managing your rental properties. With this real estate investor software, you can keep tabs on your income and expenses, and see how your properties are performing, regardless of what type of property it is, from family homes to rentals for a single person. Plus, powerful reports make it simple to understand your data and make informed decisions about your investments.

Stessa’s dashboard is well-organized and intuitive, so anyone can use it. Regardless of your experience in investing, you’ll quickly learn all about property data management, tracking expenses, and calculating taxes. According to user reviews, Stessa is good accounting software for real estate investors. The tax-related tasks are automated, so you don’t need to get stressed about it.

Like other real estate software programs, Stessa works on both computers and mobile devices. A mobile app is available for iOS and Android phones, and it enables access to Roofstock, a real estate marketplace, where you can buy and sell properties.

TheAnalyst PRO is real estate analytics software good for commercial real estate investors. By providing real-time market data and analysis, TheAnalyst PRO is designed to simplify complicated and time-consuming business tasks, so you can maximize your profit.

TheAnalyst PRO is a cloud-based software solution, meaning you don’t need to bother with a complicated installation on your computer. The software is easily accessible from the TheAnalyst PRO website and is compatible with all platforms. You can use the software on your business computer, tablet, or mobile phone, and access valuable analytics.

This real estate investment analysis software is a good option if you want access to real estate investing tools, analytical reports, and portfolio from one platform. TheAnalyst PRO centralizes powerful analytical tools, including investment analysis, lease analysis, cashflow data analytics, demographic analysis, projected ROI, and more, into one platform.

Before you can find good tenants, you need to find suitable properties to house them in; for that, you need in-depth property analysis. There is also an option to do a location risk analysis, meaning you can check out the area for crime, floods, and environmental issues. You can also use this commercial real estate analysis software to see a 5-year and 10-year projection of your profits from said property, before and after taxes.

When it comes to pricing, there are three options. The first one is to buy a monthly license for $69.99 and pay $49.99 to set up the software. The second option is an annual license that costs $149.99 with quarterly payments. You’ll also have to pay the setup fee. Finally, there is a yearly license of $599, without setup fees. Regardless of the payment plan you choose, this software won’t come cheap: However, its excellent set of analytical tools can bring you more profits and boost your business.

TheAnalyst PRO is the best real estate software for investors who prioritize security, as this cloud-based solution guarantees 100% uptime. All your files, including sensitive information, are stored and protected on the cloud. Only you can access your data and manage data from any device, desktop or mobile.

ProAPOD is a property investment software company that has been providing superior real estate investment analysis solutions nationwide since 2000. ProAPOD’s software is used by investors, agents, and others in need of rental property analysis to make informed decisions about their investments. Clients confirm the software is easy to use and provides accurate and up-to-date information about the real estate market.

ProAPOD offers two software products – Agent 6 and Executive 10. Designed for agents and investors of all experience levels, ProAPOD Agent 6 is good software for beginners who don’t need too much from tier tools. Generally, Agent 6 is the best commercial real estate software for calculating before-taxes cash flow and getting insights into key returns, like the cap rate, CoC, debt coverage ratio, etc. The software costs $149.95, and you can use it for unlimited time, with unlimited phone support. It’s compatible with Windows and macOS computers.

The Executive 10 is a software version for more serious investors. If you are already running a real estate business and thinking about expansion, this is a good choice. The software costs $279.95, and it includes all the tools from Agent 6, plus additional ones for in-depth market analysis and after-tax calculation. One downside of this software is that it is not available for macOS computers.

This software for real estate investors is praised through customer feedback and reviews similar to ours. In our opinion, the software can satisfy basic real investment needs, but there is space for improvement. For starters, the company’s website could be better organized and easier to navigate. The user interface is somewhat dated, too.

For example, we wanted to check out the Knowledge base page and see what we could get from the featured articles. They were definitely informative and accurate, but finding the correct information required more steps than on other websites. The same goes for the company’s support. Unlike other best real estate investment analysis software products on our list, ProAPOD offers limited support channels. To get in touch with an agent, you’ll need to fill out a ticket – phone and live chat options are not available.