All Topics / Legal & Accounting / Tools for managing IP finances

Viewing 5 posts - 1 through 5 (of 5 total)
  • Profile photo of Brett MBrett M
    Participant
    @brettmesser1
    Join Date: 2016
    Post Count: 14

    Hi All,

    This is my first post so apologies if this has been asked & answered a dozen times already.

    Aside from Excel spreadsheets, are there any good tools to manage finances and calculate returns etc on 1-2 residential properties?

    What does everyone do to track rents/expenses and calculate returns – I’ve been using excel for 10 years and it feels like about time to take this online. Any suggestions?

    Thanks
    Brett

    Profile photo of TerrywTerryw
    Participant
    @terryw
    Join Date: 2001
    Post Count: 16,213

    Pia software is good for forecasting. Property investment analysis.

    Terryw | Structuring Lawyers Pty Ltd / Loan Structuring Pty Ltd
    http://structuring.com.au/
    Email Me

    Lawyer, Mortgage Broker and Tax Advisor (Sydney based but advising Aust wide) http://Terryw.com.au/

    Profile photo of JoJo
    Participant
    @jodyt
    Join Date: 2015
    Post Count: 23

    Hi Brett,
    There seem to be quite a few programs you can purchase to manage rental properties.
    However I am like you and am still happy with an excel spreadsheet to manage my properties.

    Profile photo of Brett MBrett M
    Participant
    @brettmesser1
    Join Date: 2016
    Post Count: 14

    Thanks Terry, I’ll check it out.

    Profile photo of Tony BurnettTony Burnett
    Participant
    @tonyburnett
    Join Date: 2016
    Post Count: 17

    I use Excel spreadsheets because simply they force you to understand what you are really doing, not to mention you can customize to how you what to visualize your data.

    Excel can pretty much do anything you want, whereas other software cannot.

Viewing 5 posts - 1 through 5 (of 5 total)

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