what software is the best to
keep rental records??Thanks
Hi Kaloni,
I use POSH. It’s quite good – but has it’s limitations though. Most off the shelf software does. If you spend some time setting up some spreadsheets in excel, that would probably serve you just as well.
Cheers
KymI agree with Kym. Once you set up the template spreadsheet, it will pretty much do the same thing for you. It will probably be more flexible (tailor it to your specific circumstances) and ultimately cheaper. Of course you need a little knowledge of excel to do it.
In saying that, I have never actually bought one, so there maybe other benefits in these programs.
Ultimately, by setting up the spreadsheet yourself (of course that takes time), you will learn a lot more about the numbers and force yourself to understand the details of your portfolio. (Just my thoughts)
James
Hi Kaloni,
I too would recommend an excel spreadsheet – cheap, simple and easy to use.
Irrespective of which program you use the key is ensuring you maintain your records as the invoices and rental statements come in. This way you do not have an onerous task in front of you at the end of the financial year.
You are now running a ‘business’ and while book keeping isn’t ‘sexy’ it is essential.
And. speaking from experience, back you records up.
Derek
Hiya
I’m interested in adding some basic rent tracking functionality into a future version of EZ-Rent. So to that end, if you don’t mind me taking a look at your spreadsheets, it will give me a good idea of what people are looking for?
thanks
EZ-Rent. The free tax and cashflow simulator for Australian property investors.
http://www.ez-rent.comHi EZ-Rent
I tried to download your software from your
web site filled all forms BUT no download
is program still available for download???I used to have a spreadsheet
now with 6 properties it makes it a bit hard
also need some reportshttp://www.cashflow-manager.com/australia/
Ihad used this for my rentals before I wrapped them all Quite a good bit of software.Dave
The best software for wraps is at http://www.loanalert.com.au
Very professional team and great support.
Cheers,
Simon Macks
Mortgage Broker
http://www.mortgagehunter.com.au
0425 228 985Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
I bought posh standard version but havent used it yet
and maus stockmarket plus for the oither side of thingsi use my own spead sheet to handle my properties.
Julain
THERE IS ALWAYS A BETTER WAY!
Hiya
I just tried it and it worked fine.. Give it another go and if you still have no luck just mail me and I’ll send you the link..
Originally posted by kaloni:Hi EZ-Rent
I tried to download your software from your
web site filled all forms BUT no download
is program still available for download???EZ-Rent. The free tax and cashflow simulator for Australian property investors.
http://www.ez-rent.com
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