Essentially, driving for dollars is the practice of cruising around neighborhoods, looking for distressed or undervalued properties, and communicating with the owners in the hopes of finding potential investment opportunities.
The process is about discovering opportunities others have missed and capitalizing on them, helping to diversify and maintain a steady income stream.
Pro Investor Tips: Leverage reliable a driving for dollars apps to find hidden opportunities in your local market.
With a highly affordable starter price of just $99 a month, packaged with a massive variety of wider CRM features, REsimpli offers the most bang for your buck with its dedicated driving for dollars app.
REsimpli’s Driving for Dollars feature stands out as the best choice for real estate investors:
DealMachine is one of the world’s leading driving for dollars apps, with over 150,000 users worldwide.
Presently, they offer a free 7-day trial, before jumping to $79 a month for their most basic plan.
Features: DealMachine’s basic version offers MLS comps, space for up to 10,000 leads, and a simplified map interface that tracks your movements and the properties you’ve visited.
You can even drive virtually using Google Streetview, along with searching for properties based on more specific criteria.
Moving up the levels allows for route-planning, direct mail templates, and even automated marketing capabilities.
Benefits: This app offers a simple stepping stone into the world of driving for dollars, making the process of locating potential deals a lot easier.
Success Stories: Ryan, a former Footlocker employee, found success as a real estate wholesale investor with the help of DealMachine, changing his career and life trajectory within a stunning 30 days.
PropStream is often regarded by many as one of the finest real estate apps in the industry, boasting extensive features, with the same price tag of $99 for its basic version.
While PropStream is a strong driving for dollars app, REsimpli is a more comprehensive and complete CRM system, giving you more for your money.
Another high-tier option, BatchLeads (with a basic plan of $82 a month), offers integrations with various CRM tools and advanced analytics.
Yet, when considering value for money, REsimpli’s essential features and streamlined functionality make it a worthy contender for those at various stages of their careers.
The issue is with comparing driving for dollars apps on price alone, you aren’t really getting the full picture of what you should be looking for.
Some will market themselves as full-range CRM solutions, which can be useful but come at a higher price, while others, such as DealMachine, are more focused on driving for dollars alone.
Real estate is all about finding opportunities and using a driving for dollars app is a great way to discover more potential clients.
It’s important to note that any worthy driving for dollars will require investment sooner than later, so you should use as many free trials as you can before choosing the app for you in relation to your budget.
Once you’ve considered how much you’re willing to spend, along with your wider CRM requirements, it’s time to make an investment in yourself and your career.