Clickbank Products
10 Features Of Good Real Estate Investment Software
By James Kobzeff
Real estate investment software is one of the best tools real estate investors and professionals have at their disposal to analyze and evaluate rental property. Hands down.
Good real estate investment software provides user-friendly forms, makes every computation, and generates professional-style reports. With a good real estate software solution any user (novice or advanced) can create professional-quality rental income property reports for personal decision-making or as presentations to buyers, sellers, colleagues, partners, or to lenders within minutes.
Moreover, real estate investing is all about the numbers. Hence, successful real estate investors concentrate on (nay, make the investment decision based upon) the bottom line when considering real estate investment opportunities. Real estate investment software therefore becomes an essential tool for people who seriously work with investment real estate because it provides quick and concise cash flow and rate of return numbers.
There are, of course, options other than investing in third-party real estate investment software. You can, for instance, simply scratch out the numbers with a pad and pencil, perhaps make a hasty rule-of-thumb calculation off the top of your head, or maybe listen to someone's advice. But it should be obvious that these approaches, although useful in limited cases, are fraught with weaknesses. They clearly do not provide a deep enough property analysis required for such an important investment decision, nor do they represent the data adequately enough to sway the opinion of any other person, entity, or institution.
You can also use a spreadsheet program like Excel and develop your own real estate investment software solution. The problem here is time. It takes loads and loads of time to embed the computations properly and to format the forms and reports. Given the affordability of some software solutions, successful real estate professionals do not waste time or effort reinventing the wheel and rely on real estate software, preferring rather to spend their time generating moneymaking deals.
But I digress. So let's get back on topic and consider 10 things you should expect to find in good real estate investment software.
1. Easy to learn and use - You want simply to enter the values and have the software do the rest. You never want to look and wonder, "What do I do next?"
2. Unlimited units - You want the ability to analyze one unit or a thousand units, or even more units if necessary.
3. Loan amortization - You want lots of control over the financing assumptions for the property. Therefore you want the ability to enter multiple loans (e.g., a first, second, and third loan), the flexibility to enter the loan either as a loan assumption or as a new loan, and either at a fixed-rate or interest-only rate.
4. Crucial rates of return - You want the real estate investment software to calculate returns for cash flow such as cap rate, gross rent multiplier, cash on cash, operating expense ratio; and loan analysis ratios like debt coverage, loan-to-value, break-even, profitability index.
5. Concise, top-quality reports - You want a wide-range of printable reports to include comprehensive data with eye-catching appeal. Remember, you might be trying to influence the opinion of a buyer, seller, colleague, or lender regarding this property. At the very least, you would expect superior software to create an APOD, proforma income statement, rent roll, acquisition report, and sales proceeds report. You should also expect quality real estate investment software to create sensitivity and scenario reports, a comparable sales report, a marketing package (executive summary), and some amortization tables and charts.
6. Upgradeable versions - In the event that you purchase their less-than-platinum-grade-version without "time value of money" and "tax shelter" consideration, you want the ability to upgrade to it later if you choose. This is crucial. For you will discover over time that time value of money and taxes are extremely important to real estate investors and you will want the software to compute them.
7. Technical support - You want to have easy access to tech support in the event of a problem, e.g., your computer crashes and you need to re-download the real estate investment software. Email and telephone support (preferably with the developer) is recommended. Be cautious if the company or developer appears allusive or lacking in real estate experience.
8. Affordability - The good news is that there is very good real estate investment software available on the web for under $300. Be sure to examine the website carefully, however. Remember, the same software company that's wanting you to purchase their software publishes the website. Unless it's well organized and informative, or if its lack-luster and confusing, the software might not be worth the price regardless how affordable.
9. Customer satisfaction - Customers willing to submit a testimonial
Facilities Analyst - Real Estate at DuPont (Wilmington, DE)
Title: Facilities Analyst - Real Estate Location: USA Summary: TheFacilities Analystleads routine real estate projects ... estate projects and documents and make recommendations to Real Estate Consultants. Abstract complex real estate...
Intern - Real Estate at Penske (Reading, PA)
candidates will enjoy working with knowledgeable Real Estate Managers in a great work environment. Major ... select purchase and sale transactions. -Work with Senior Real Estate Analyst and Senior Contract Analyst to perform...
Specialist Communications, Global Real Estate Solutions at GE (King of Prussia, PA)
Supporting the Global Real Estate Solutions (GRES) team, drives and reinforces understanding of GE strategy, culture and ... * Coordinate and confirm GE, GE Capital (GEC) and Real Estate (RE) flow-down messaging; represent GRES on RE Global...
Specialist - Communications, Global Real Estate Solutions at GE (King of Prussia, PA)
Segment Capital - Real Estate About Us At GE Capital Real Estate, we're redefining what's possible. Whether we're ... Position Title Specialist - Communications, Global Real Estate Solutions Career Level Experienced Function...
Real Estate Sales Associate / Sales Representative at Weichert, Realtors (Chadds Ford, PA)
A family of full-service real estate and financial services companies, Weichert offers today's real estate customer a co ... real estate sales career with Weichert!Job Description: Our Real Estate Sales Associates are passionate about their work...
Real Estate Sales Associate / Sales Representative at Weichert Realtors (Media, PA)
A family of full-service real estate and financial services companies, Weichert offers today's real estate customer a co ... real estate sales career with Weichert!Job Description: Our Real Estate Sales Associates are passionate about their work...
Corporate Banking Trainee at WSFS Bank (Wilmington, DE)
for analyzing commercial loan customers and real estate projects for financial and business risks. The ... Will work with business clients with revenues of $2.5 to $100 million and/or real estate transactions from $1 to $15 mil...
Director of Real Estate Services at Archdiocese of Philadelphia (Philadelphia, PA)
degree required. Experience in real estate property, real estate finance, business and corporate affairs and ... Juris Doctor or LLB degree required. Experience in real estate property, real estate finance, business and corporate...
Corporate Accountant at Brandywine Operating Partnership (Radnor, PA)
Trust, a premier commercial Class A full service real estate company with operations nationwide, has an immediate ... year college or university required. Minimum 2 years real estate or public accounting experience desired. CPA...
Commercial Real Estate Investment Sales at Marcus & Millichap Real Estate Investment Services (Conshohocken, PA)
Since 1971, Marcus Millichap Real Estate Investment Services has been the premier provider of investment real estate ... with an unparalleled perspective on the investment real estate market locally, regionally and nationally. Included...
Corporate Sales Professional at Ave By Korman Communities (Malvern, PA)
field? AVE by Korman Communities, pioneers in the corporate housing industry, is seeking talented sales ... communities, establishing a powerful reputation within the real estate industry. AVE by Korman Communities recognizes...
Intern - Legal (J.D. Candidates) at Penske (Reading, PA)
be provided the opportunity to work with a sophisticated corporate legal team plus be exposed to some of the countrys ... be exposed include general corporate law, environmental, real estate, litigation, financing, and employment to name a...
Operations Manager at Cbre (Wayne, PA)
estate: Bachelor's degree (BA/BS) and four years experience Real Estate Salesperson license prefered Keen communication ... 31,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more...
Lead Sales Representative-Mid Atlantic at GE (Wilmington, DE)
our clients with the capital needed for their real estate and corporate acquisitions, refinancing and restructurings, the GE Capital Americas teams are dedicated to turning imaginative ideas into leading ... corporate finance...
Lead Sales Representative-Mid Atlantic at GE Capital (Wilmington, DE)
our clients with the capital needed for their real estate and corporate acquisitions, refinancing and restructurings, the GE Capital Americas teams are dedicated to turning imaginative ideas into leading ... corporate finance...
Operations Manager at CB Richard Ellis (Wayne, PA)
Manager. Work closely with the Facilities, Real Estate and Project Management departments. Perform site ... If you possess the following, prepare to advance your career in commercial real estate: Bachelor's degree (BA/BS) and fo...
Mortgage Originator at Wilmington Trust (Reading, PA)
monitors trends and developments in the local real estate market, as well as the changing rules and regulations ... Other Job Information: -Thorough knowledge of FHA/VA regulations, conventional loan requirements and real estate law...
Marketing and Communications Manager at Philadelphia Industrial Development (Philadelphia, PA)
financing and real estate services through a centralized Real Estate Services Group. Those services include land ... web site; assist in developing relationships throughout the real estate development and brokerage community; oversee The...
Sales Manager at Moody National Companies (Frazer, PA)
Moody National Companies is a full-service Real Estate firm, comprised of Mortgage, Property Management, Development, ... of management and maintain effective communication with corporate management. Moody National Companies offers an...
Director, Recruiting at Prudential (Dresher, PA)
staff, including resource allocation, compliance to corporate guidelines, and applicable metrics * Collaborate ... services, mutual funds, asset management, and real estate services. We recognize that our strength and...
about the real estate software should not be lightly regarded. Look for names, professions, and titles. If you can relate, then you're on the right track.
10. Lots of special features - You should expect good real estate investment software to provide at least these benefits: Seamless printing, picture function, branding and name-rider integration, email capability, help file, and Vista compatibility. In some cases, there could be even more features that are special, so spend time on each website looking around to be sure you don't miss something.
James Kobzeff is the developer of ProAPOD - superior Real Estate Investment Software . Discover how to create cash flow, rate of return, and profitability analysis presentations in minutes at => www.proapod.com
| Townhouse Philippines Articles: |
Condotel And Apartment Rentals In Cebu, Philippines
By PLCMarketing
Beth Collingz, International Marketing Director of PLC Global Pinoy, an internet based sales and marketing company and lead marketing partners for the Lancaster Brand of Condotels in the Philippines, Read more...
|
|
Why Choose A Condo In The Philippines?
By Deirdre Gonzales
There are a number of reasons people choose to live in condos in the Philippines. For one, the kind of lifestyle that modern culture dictates is very suitable for condo living. For those who prefer Read more...
|
Ads By CbproAds
| Townhouse Philippines News: |
Facilities Analyst - Real Estate at DuPont (Wilmington, DE)
Title: Facilities Analyst - Real Estate Location: USA Summary: TheFacilities Analystleads routine real estate projects ... estate projects and documents and make recommendations to Real Estate Consultants. Abstract complex real estate...
Intern - Real Estate at Penske (Reading, PA)
candidates will enjoy working with knowledgeable Real Estate Managers in a great work environment. Major ... select purchase and sale transactions. -Work with Senior Real Estate Analyst and Senior Contract Analyst to perform...
Specialist Communications, Global Real Estate Solutions at GE (King of Prussia, PA)
Supporting the Global Real Estate Solutions (GRES) team, drives and reinforces understanding of GE strategy, culture and ... * Coordinate and confirm GE, GE Capital (GEC) and Real Estate (RE) flow-down messaging; represent GRES on RE Global...
Specialist - Communications, Global Real Estate Solutions at GE (King of Prussia, PA)
Segment Capital - Real Estate About Us At GE Capital Real Estate, we're redefining what's possible. Whether we're ... Position Title Specialist - Communications, Global Real Estate Solutions Career Level Experienced Function...
Real Estate Sales Associate / Sales Representative at Weichert, Realtors (Chadds Ford, PA)
A family of full-service real estate and financial services companies, Weichert offers today's real estate customer a co ... real estate sales career with Weichert!Job Description: Our Real Estate Sales Associates are passionate about their work...
Real Estate Sales Associate / Sales Representative at Weichert Realtors (Media, PA)
A family of full-service real estate and financial services companies, Weichert offers today's real estate customer a co ... real estate sales career with Weichert!Job Description: Our Real Estate Sales Associates are passionate about their work...
Corporate Banking Trainee at WSFS Bank (Wilmington, DE)
for analyzing commercial loan customers and real estate projects for financial and business risks. The ... Will work with business clients with revenues of $2.5 to $100 million and/or real estate transactions from $1 to $15 mil...
Director of Real Estate Services at Archdiocese of Philadelphia (Philadelphia, PA)
degree required. Experience in real estate property, real estate finance, business and corporate affairs and ... Juris Doctor or LLB degree required. Experience in real estate property, real estate finance, business and corporate...
Corporate Accountant at Brandywine Operating Partnership (Radnor, PA)
Trust, a premier commercial Class A full service real estate company with operations nationwide, has an immediate ... year college or university required. Minimum 2 years real estate or public accounting experience desired. CPA...
Commercial Real Estate Investment Sales at Marcus & Millichap Real Estate Investment Services (Conshohocken, PA)
Since 1971, Marcus Millichap Real Estate Investment Services has been the premier provider of investment real estate ... with an unparalleled perspective on the investment real estate market locally, regionally and nationally. Included...
Corporate Sales Professional at Ave By Korman Communities (Malvern, PA)
field? AVE by Korman Communities, pioneers in the corporate housing industry, is seeking talented sales ... communities, establishing a powerful reputation within the real estate industry. AVE by Korman Communities recognizes...
Intern - Legal (J.D. Candidates) at Penske (Reading, PA)
be provided the opportunity to work with a sophisticated corporate legal team plus be exposed to some of the countrys ... be exposed include general corporate law, environmental, real estate, litigation, financing, and employment to name a...
Operations Manager at Cbre (Wayne, PA)
estate: Bachelor's degree (BA/BS) and four years experience Real Estate Salesperson license prefered Keen communication ... 31,000 employees (excluding affiliates), and serves real estate owners, investors and occupiers through more...
Lead Sales Representative-Mid Atlantic at GE (Wilmington, DE)
our clients with the capital needed for their real estate and corporate acquisitions, refinancing and restructurings, the GE Capital Americas teams are dedicated to turning imaginative ideas into leading ... corporate finance...
Lead Sales Representative-Mid Atlantic at GE Capital (Wilmington, DE)
our clients with the capital needed for their real estate and corporate acquisitions, refinancing and restructurings, the GE Capital Americas teams are dedicated to turning imaginative ideas into leading ... corporate finance...
Operations Manager at CB Richard Ellis (Wayne, PA)
Manager. Work closely with the Facilities, Real Estate and Project Management departments. Perform site ... If you possess the following, prepare to advance your career in commercial real estate: Bachelor's degree (BA/BS) and fo...
Mortgage Originator at Wilmington Trust (Reading, PA)
monitors trends and developments in the local real estate market, as well as the changing rules and regulations ... Other Job Information: -Thorough knowledge of FHA/VA regulations, conventional loan requirements and real estate law...
Marketing and Communications Manager at Philadelphia Industrial Development (Philadelphia, PA)
financing and real estate services through a centralized Real Estate Services Group. Those services include land ... web site; assist in developing relationships throughout the real estate development and brokerage community; oversee The...
Sales Manager at Moody National Companies (Frazer, PA)
Moody National Companies is a full-service Real Estate firm, comprised of Mortgage, Property Management, Development, ... of management and maintain effective communication with corporate management. Moody National Companies offers an...
Director, Recruiting at Prudential (Dresher, PA)
staff, including resource allocation, compliance to corporate guidelines, and applicable metrics * Collaborate ... services, mutual funds, asset management, and real estate services. We recognize that our strength and...
|
Orlando-Enterprises.net