When considering which websites to trust, look for real estate websites that specialize in the type of investment you are interested in, are written by experts, and are recently updated. Understand where a website’s money comes from and evaluate its usefulness and accuracy with a critical eye.

There is certainly more than just one website for real estate investors, and in fact the many thousands of websites related to real estate investing can make it hard to determine which ones offer valuable information and which ones are worth bookmarking — and which ones are worth running away from. Here’s an easy checklist that can help you determine which sites merit your attention:

1) What’s the pitch? When you look at a real estate investment web site, consider what the main goal of the site is. Is it to sell you something? Is it to offer you lots of information? Is it to promote a specific service or product? There’s nothing wrong with web sites that are designed mainly for marketing purposes, but make sure that somewhere in the pitch there is some sort of benefit for you.

2) Where’s the money coming from? Most web sites aren’t charitable entities, but are meant to make someone some money. This is not a problem, but make sure that you understand where the money is coming from. Are ads being sold through the web site? Are you being pressured to buy something? Knowing where the money is coming from can help you determine the quality of the information. For example, if a web site exists mainly to garner traffic for adds, take a look at the articles and information being offered. If it is written mainly for search engines, it may not be as useful as you thought. On the other hand, if the web site exists to promote a service or product, a web site author might be giving away valuable chapters or pages of their book in order to get you to buy more.

3) What’s the specialty? A website for real estate investors is usually focused on one specialty. Even those web sites that address several types of investment generally focus on flipping, renting, or on another type of investment. Most of your time should be spent looking at and learning from web sites that address the particular type of investments you’re interested in making.

4) Who’s the author? If there is an author to the web site, check them out. Are they legitimate? Are they a person or company? Do they actually sell and invest in real estate themselves, or are they mainly peddling real estate related products, such as books and seminars? Ideally, get your information from people who actually know the field and who have years of experience in investing.

5) When was the site last updated? Recently updated sites are most useful, since they contain information that is relevant today. The real estate industry does change, and you want web sites that give you useful information in today’s market, not in the market that existed four years ago.

6) Is it a site other investors find useful? Talk to other investors to find out which web sites they use to find information. Chances are, these are the quality web sites that you want to visit yourself.

7) How accurate is the information? If you notice obvious errors or real estate misinformation on a website for real estate investors, run the other way. How can you trust any other information that you find in the same web site?

 

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