Robert Allen Institute
10 Websites Every Real Estate Investor Should Have Saved In their Favorites
The official site of the National Association of
REALTORS® (NAR). Access to over 4 million listings across
the country. Listings are updated daily. Advanced search
tools to customize your search. Additional resources
including price trends, market conditions, financing
TIP: Sign up! Create an account, save your searches and
listings and get email alerts on properties you are watching.
This is the government website for the U.S Department of
Housing and Urban Development. The site is packed with
useful information, articles and tools related to buying,
owning, selling and renting real property. It also has up to
date news on government initiatives and other factors
affecting the housing market and details on available
government grants and housing programs.
TIP: Check out the link to www.homesales.gov on the home
page. This will take you to a listing of HUD homes for sale.
This site is hosted by the National Association of Home
Builders (NAHB). Comprehensive and easy to read
explanation of the American Recovery and Reinvestment Act of
2009 and the available tax credits for first time home buyers.
TIP: Investors- you might not qualify but you can use this
information to help first time buyers buy your properties!
FannieMae (The Federal National Mortgage Association) is
charged with increasing the supply of mortgage credit
available to homeowners and prospective homeowners. The
eFannieMae website is packed with information on all things
related to financing real estate purchases.
TIP: Check out the lender announcement section for the latest
updates, including Announcement 09-02 which increased the
number of mortgages an investor can hold from 4 to 10. Read
this announcement here:
5. Federal Housing Administration (FHA)
The FHA, or Federal Housing Administration’s main purpose is to
secure housing loans for low and moderate income individuals
with bad credit or an inability to make a down payment. Invaluable
for helping potential buyers finance the purchase of your
investment properties. The site also has a tools and resources that
every homeowner and investor should have.
TIP: Check out the Real Estate section of this site, or go to
www.homesales.gov, to search for properties for sale by the U.S.
If you are considering a “buy and hold” strategy you need to
know before you buy if there is a demand for rental properties
in the area and how much you can charge. Zilpy.com gives
you a fair rent estimate similar to a CMA (Comparative Market
Analysis) and provides you with an estimated rent range and a
list of comparable rentals in the area used to generate the
value. It also gives you demographics including renter
occupancy and vacancy rates.
TIP: Use the advanced search tools to refine your search (# of
bedrooms, bathrooms, square footage and amenities) to make
sure you get the most accurate results.
Great resource for property improvement projects and rehab
jobs. Search multiple contractors and service providers from
Architects to Lawn care and everything in between. Select
the project or service you need help with, submit details and
get multiple quotes from prescreened contractors in your
TIP: Use the ‘Articles & Tools’ link for additional useful
information including project planners, a design gallery and
This central site allows you to request a free credit file
disclosure, commonly called a credit report from each of
the nationwide consumer credit reporting companies:
Equifax, Experian and TransUnion. Your credit score (also
called a “FICO score” after the Fair Isaac Corporation that
developed the credit scoring system) is used by all
conventional lenders in determining eligibility to borrow
TIP: You are entitled to one free credit every 12 months.
Chose carefully when you want this information.
Additional requests are not free.
9. Federal Deposit Insurance Corporation (FDIC)
Everyone is talking about “REOs” or “bank owned
properties” but do you know what happens to those
properties if the bank that owns them goes under?
The FDIC sells off the assets from failed banks, including
real estate, often at bargain prices.
TIP: Click on the ‘Asset Sales’ tab, select ‘Real Estate
Sales’ and then ‘Bargain Properties’ for a list of properties
often offered for under $10,000 !
An objective & impartial site for comparing mortgage
loans, home equity loans, credit cards and CD rates
and to track mortgage rate trends. Also has an
extensive range of amortization, loan and other useful
calculators as well as news articles and reports.
TIP: This site also has a very useful section on Debt
Management to help improve your credit (FICO)