Top Tools in Investment Lending
No matter how far down the investment path you go, there are always tools that can help you maximize your potential earnings. From staying on top of the latest financial news to crowdfunding for your next property project, the following looks at some of the most beneficial tools available today.
All About Investment Tools
- What are they?
- 5 top tools in investment lending that you need to know about
What are they?
Investment tools are, quite simply, resources that provide you with the latest information that can help guide where and how you invest. From apps to newsletters, portfolio trackers to analytical intel, such assets can help investors navigate what can be a confusing and ever-changing environment.
5 top tools in investment lending that you need to know about
The following are five of the top tools in investment lending that can help guide where you choose to direct funds.
- Financial news aggregators: Information is key to wise investment choices. These platforms, whether they’re in the form of a daily email, app with regular updates, or even paper versions delivered to your door, are an essential element of your intel armory. One of the biggest advantages is that they combine all the latest information and industry news into a single location. This allows you to adjust your investment strategies in real-time and according to market conditions.
- Tax-efficient investment accounts: We almost put this at the top of the list, as it’s essential to ensure your investment earnings benefit from the most advantageous tax implications. Many things influence this, including your net worth and the length of an investment, amongst other things.
- Online brokerage platforms: Financial market investment has been revolutionized by online brokerage platforms. Whether you’re looking at commodities, stocks, bonds, or other investments, these trading platforms provide the security and educational resources that allow you to easily take full control of your portfolio.
- Portfolio tracking applications: Any successful portfolio requires effective tracking. Such apps allow you to review them in a single location, noting any upward or downward trends, showing your current net wealth, and more.
- Property funding partner: Real estate investing comes in many guises and is available to all comers. From dabbling in your first fix and flipper to increasing your property portfolio with continued BRRRR investment, the key is to partner with the right funding partner. There are many out there, so seek yours with care. Interest rates can differ dramatically, as can close rates and borrower requirements.
This is a snapshot of the range of top tools available for investors. What works best for you will be dependent on whether you’re looking to borrow against equity, increase and/or diversify your portfolio, or if you follow a combination approach.
Other investment tools to consider include
- Retirement calculators.
- Robo-advisors/investors
- Cryptocurrency exchanges.
- Stock screeners.
- Dedicated investment forums and communities.
The takeaway is that, while there are many tools available, not all are made equal. Beware of flashy advertising, little-heard-of influencer recommendations, and any tool that appears to promise too good to be true returns.
The best investment tools can be a positive addition and assist with dynamic decisions. They can also simplify many traditional challenges, such as multiple information sources, plus provide you with an easy snapshot of how successful your efforts are.
Due diligence as to which tools best work in your situation is necessary. However, chosen wisely, they can be a great way to simplify your investment. journey.
Partner with BRRRR Loans Today to Fire Up Your Property Portfolio
Investing in bricks and mortar is never a mistake—and BRRRR Loans offer the perfect financial options to fund your next project. With some of the lowest interest rates and fastest close times in the industry, it’s no wonder we’re fast becoming the go-to lender for the savviest of property investors.
Contact us today to find out more.
Buy, Rehab, Rent, Refinance, & Repeat. A nationwide direct lender to real estate investors. If you have a project that needs to be funded, you’ve come to the right place.