Dr. Landlord Property Managment Software
Has anyone ever used this software? Would it be worth it to get this software or could I just as easily use quickbooks and excel to handle my property management?
Thanks.
Has anyone ever used this software? Would it be worth it to get this software or could I just as easily use quickbooks and excel to handle my property management?
Thanks.
Try Realtools from Niche Software. It is wonderful property management software, very flexible, many reports, inexpensive and they offer wonderful support. It is available on Ebay.
RealTools
Jim
I use Quicken Property Management software and love it. You can import files into Quicken AND TurboTax.
I assume that Quicken Property Management 2.0 is a huge improvment over version 1.0, because it was terrible. It had no tenant managment at all. It got bad reviews on www.amazon.com and the Intuit forums.
Thanks for the info bradfordtm, glad to hear they improved it.
DDL,
Keep in mind that we are talking about Quicken Property Management software not the original Quicken ... two different products.
Somewhat similar interfaces but Prop Management software is strictly for managing all your properties including expenses, rents, capital expenditures, taxes, mortgage payments, etc.
I use to use Landlord Report which was pretty decent for the money however I have something new that I LOVE.
Basically its called PropertyWare [dot] com. Its an online version of property managment software. The good part is you can access your files, contacts and updated anywhere there in internet. With a standard PC software we had a difficult time updating files since both my partner and I work various units. FREE trial so I highly recommend you take a look at it before buying a Fixed PC software.
a little off beat but hope it helps
allhandl
State Farm has paid for two kitchen floors damaged by broken sink pipes and sheetrock/floor damage from a leaking roof over the last 10 years. (In different units.)
Jim
Find a local Agent, "captive" or "independent", that is familiar with REI. The Agent is the key. There are insurers that write contracts appropriate to all types of REI. You need to find and understand them enough (with the help of this Agent), to make educated decisions on coverages, limits, deductibles, etc...
I would start with referrals from seasoned investors in your local REIA-type groups.
_________________
Best regards,
Tim[ Edited by norrist on Date 12/10/2005 ]
This article may help, too:
http://www.thecreativeinvestor.com/modules.php?name=Articles&file=article&articleid=438
[addsig]
Take the money you would pay for premiuns and save to cover damages.
The way isurance companies are now I find it cheaper to just pay for any type of claim under 4K.
By the time the claim goes on your record you will pay higher premiuns and another company will not insure for about 3 years.
I have all of my rentals with Westfield Insurance ( sold by independent insurance agents) and have been well pleased. They have paid for water damage on one unit, rool damage on another from a storm, and siding on a third where a neighborhood kid shot it with a BB gun. They have not raised my premiums and have not complained about paying for the damages.
Just my 2 cents EBellis
Just put all my properties in a Land Trust. My insurance for the dozen houses had been an extention of my home owners policy. My agent cancelled the HO policy and wrote a commercial policy. As a result my insurance rates went up a whopping 40% ouch! any sugestions?
Just put all my properties in a Land Trust. My insurance for the dozen houses had been an extention of my home owners policy. My agent cancelled the HO policy and wrote a commercial policy. As a result my insurance rates went up a whopping 40% ouch! any sugestions?