Many landlords have managed to catch up to the modern era enough to have graduated from pen and paper to at least using Excel spreadsheets on their computers. If that is where you are at right now you need to make a major change to your record keeping routine. By trying to use excel to create your own system you are expending needless energy on re inventing the wheel.

This is a waste of your time and as an experienced landlord I know nothing is more important than time. There is never enough of it when you are trying to effectively manage an extensive property portfolio. I have been there and done that and used the experience to create the ultimate property management software that will address all your needs no matter how big and varied your portfolio may be. An example of where my landlord software stands out from the rest is in the area of portfolio equity and yield. Through years of experimenting with keeping records in this area of my business I have been able to come up with a system that is efficient and comprehensive. In this section of the property management software you will be able to analyse the performance of your entire portfolio. It will show you all of the key data necessary for you to perform this task.

Things such as total amount of outstanding loans, current equity and rental yield is shown for each property. This information is then calculated across your whole portfolio to create for you a portfolio bottom line. You will be able to see total purchase and loan price as well as current valuation of your whole portfolio and your total monthly income. Included in this section is a portfolio income assessment tool that will let you produce a pie chart that will allow you to view how much income each property is generating for you. It is fine tune-able to your needs as well in that it lets you choose whether you would like to display a graphical view of the rental income split for your portfolio.

As well as a pie chart with portfolio income assessment data you another feature of this landlord software is that it gives you the tools to generate a graph showing the amount of equity and outstanding loans for each of your properties. If you have entered up to date valuations for your properties then the graph will use these to calculate an up to the minute reflection of your equity situation on each property. It will also determine any outstanding loans that you have per property. With the big leap forward in property management businesses in recent times an awful lot of property management software hit the market. It is essential that you make sure you get your landlord software from someone who knows what they are doing or you run the risk that it will be a waste of money and time.