Investment Property Software - Your Powerful Real Estate Investment Edge
High quality investment property software is the one key that can allow a new real estate investor to invest like a pro.
Not only can it give you all the information you need to make an educated decision to purchase right at your fingertips, it can also tell you what not to purchase and why.
Investment property software has evolved tremendously over the last ten or so years.
The need for today's investor to run multiple what-if scenarios about the property they're considering buying has never been more critical or more understated.
Imagine purchasing a piece of no money down property (which does exist in the marketplace).
Let's say you're working with a real estate agent that doesn't know or understand investment property well and they tell you that the property will give you a return of 15% on your money.
As a novice investor, this return sounds attractive so you follow through with the purchase of the property and the seller is willing to sell no money down.
Unfortunately though, the 15% return was calculated with you putting 20% down on the property.
With no downpayment, the income barely covers the expenses and with a few vacancies, extra utilities and property taxes there really is a negative return on a monthly basis.
Monthly cash flow is a must in today's' property investment market.
No longer can you depend on your tax return to turn a cash flow loss into a paper profit.
Yet, if you had used a quality piece of real estate investment software, you would have known this ahead of time.
You would have run the scenario with no money down (which was your intention) and you would have caught the error or miscommunication.
To the surprise of many folks, a lot of real estate agents don't know how to value investment real estate nor do they know how to calculate the critical numbers and ratios that are so important to you making an informed decision.
So who are you going to leave this vital information to? It's your job.
It's your investment.
It's your future.
Not only can it give you all the information you need to make an educated decision to purchase right at your fingertips, it can also tell you what not to purchase and why.
Investment property software has evolved tremendously over the last ten or so years.
The need for today's investor to run multiple what-if scenarios about the property they're considering buying has never been more critical or more understated.
Imagine purchasing a piece of no money down property (which does exist in the marketplace).
Let's say you're working with a real estate agent that doesn't know or understand investment property well and they tell you that the property will give you a return of 15% on your money.
As a novice investor, this return sounds attractive so you follow through with the purchase of the property and the seller is willing to sell no money down.
Unfortunately though, the 15% return was calculated with you putting 20% down on the property.
With no downpayment, the income barely covers the expenses and with a few vacancies, extra utilities and property taxes there really is a negative return on a monthly basis.
Monthly cash flow is a must in today's' property investment market.
No longer can you depend on your tax return to turn a cash flow loss into a paper profit.
Yet, if you had used a quality piece of real estate investment software, you would have known this ahead of time.
You would have run the scenario with no money down (which was your intention) and you would have caught the error or miscommunication.
To the surprise of many folks, a lot of real estate agents don't know how to value investment real estate nor do they know how to calculate the critical numbers and ratios that are so important to you making an informed decision.
So who are you going to leave this vital information to? It's your job.
It's your investment.
It's your future.