The best real estate software for investors?

Realeflow allows you to track complex transactions like short sales and rehab projects. Includes HUD-1 spreadsheets and the ability to create multiple logins for your team members such as business partners and realtors. You get up to 16 premium lead generation websites (you pay for the domains) and if you go for the upgraded package you also get private lender leads, cash buyer leads, tenant leads, lien leads prosecutors, fed into its database. Realeflow has some unique features such as voice broadcast, a built-in local fax number for sending and receiving faxes, and its mobile marketing platform, Moby (for SMS marketing broadcasts). One of Realeflow’s best features is its property pitching website template, which gives you the ability to “pitch” a property and sell it quickly using the same innovative marketing techniques and psychological triggers first used by Jeff Walker in its “product launch formula”. .

Freedomsoft has only 3 lead generation websites included: buyer, seller and private money lender templates. Within the platform you have access to all the forms and contracts you need for your wholesale agreements. You also have the option to upload state contracts, which comes in handy when you’re bidding on MLS-listed properties or bank ownership deals. However, Freedomsoft includes some notable features that Realeflow does not. The platform also has one-click marketing, MLS leads, additional video training in the resources tab (videos and scripts for trading and downloadable audiobooks: REO Rockstar and Probate Profits). Two of the key features that I like best about Freedomsoft are the bid calculator and the ability to automatically complete contracts from within the software. This “offerbot” technology, in my opinion, is what gives Freedomsoft the advantage. It saves a lot of time by pre-filling most of the offer for you. Now, if you’re making dozens of offers every week (which you should be), all you need to do is enter the down payment amount, the offer amount, and the closing date, and freedomsoft takes care of the rest. It even has a handwriting font to complete the signature for you. I hope Realeflow takes note of this feature and incorporates it into their next software update.

Now it must be said that Realeflow has many features that give it a competitive edge for short sale investors and rehabbers. As I mentioned before, the platform helps you complete the HUD-1 and allows you to set deadlines and reminders for various tasks that need to be completed during the short sale negotiation process. Realeflow keeps you organized and reminds you to collect the necessary documents from the seller. If you’re rehabbing properties or need to estimate repairs for your end-buyer, you have an Excel spreadsheet to help you calculate net profit. The built-in Hammerpoint feature allows you to estimate repairs based on the square footage of your property. The software then produces a printable “contractor estimate” based on the data you enter into Hammerpoint. Very useful when presenting a deal package to your investor-buyers.

In the near future I will write a more detailed review of both platforms. In the meantime, I recommend checking out both platforms and seeing which works best for you. Both offer excellent value and are MUST-HAVE tools for keeping investors organized and productive.

So which is better, Freedomsoft or Realeflow?

I think the answer comes down to your real estate investing niche.

If you are working in the short sale niche or buying a property to fix and turn around, Realeflow is the best option. It can certainly be used for wholesale, but I think the features of the software are better suited for the rehabber or short sale investor.

If your niche is wholesale, Freedomsoft is undoubtedly the best option. Not only does it have dozens of features that streamline your workflow, but the creator of the platform built the software specifically with their wholesale business in mind.