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Manage Rental Property .com
Rental Property Software
This page lists various software that can help you crunch the numbers that you need to be a successful Rental Property Owner/Landlord, namely:
Property Analysis Software Property Management Software Property Analysis Software EVALUYZER
Purchasing Residential Investment Property?
Learn How To Evaluate/Analyze Properties Like a Seasoned Investor!
Evaluyzer is designed to simplify and streamline the property financial analysis process whether you are a new or seasoned investor! Make accurate, sound, instant financial projections!
Calculate your return on investment - and how you can achieve it…in minutes!
Substantially increase your potential for higher returns!
Save hours working out the numbers and combinations, freeing up your time to search for those great properties!
Calculate the maximum purchase/offer price while meeting YOUR investment goals! (Exclusive MyCap™ feature)
Plan a realistic 1-5 year real estate investment strategy with complete confidence!
The real question is not how much you, or another investor, or even an appraiser, value a property at - nor is it the value from a cap rate estimated in the market. It’s the value at which you can obtain your investment goals, that is reflective of your cash investment and your borrowing power.
What is it worth to you?
While most novice investors purchase properties based on limited calculations, emotions, tips, etc., professional investors shop with specific investment objectives and know exactly which opportunities satisfy their desired cash flow and return on investment goals.
Using Evaluyzer’s exclusive MyCap™ feature, you can determine the maximum property purchase price that meets your needs based on the economics of your situation - not the seller’s current position. MyCap™ will give you the edge over real estate agents and other investors. You’ll know exactly what number to negotiate to. Not a low, high, arrive in the middle purchase price some call negotiating
The Evaluyzer will transform the way you look at investment property!
Property Management Software If you are starting out and/or only have a small number of properties: Rental Property Income & Expense Spreadsheet If you only a handful of units, then you're probably not looking for expensive property management software, just something simple to track the incoming rents and outgoing expenses. Look no further! This Microsoft Excel compatable spreadsheet can help you track multiple sources of income and various categories of expenses quickly and easily. All without the complexity and difficulty of a database... and at a fraction of the cost! In addition, it can help you calculate your CASH FLOW! Must have a compatible Excel type spreadsheet program and basic knowledge of how to enter and manipulate data. If you have a lot of properties and need the next level of property management software, a few great choices are: QUICKBOOKS PRO
With some initial learning curve, one of the best ways to track multiple properties is by using QuickBooks Pro. Many accountants recommend it because it interfaces with the software they already use, making it easier at tax time. However, many people find it difficult to set up at first, so you may need some help from your accountant, fellow landlord or a QuickBooks Pro consultant. If you want something that is easier to set up and learn, then landlordMAX (discussed next) may be a more suitable option.
landlordMAX It's one of the easiest rental property management programs to learn on the market. With this software, you can literally be up and running in 15 minutes, as compared to QuickBooks. The advantage is ease of use and the number of reports that are available at your fingertips. landlordMAX can help you track, analyze, manage and get reports on your properties faster and more effectively. |
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