- Brett MParticipant@brettmesser1Join Date: 2016Post Count: 14
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?
BrettTerrywParticipant@terrywJoin Date: 2001Post Count: 16,213JoParticipant@jodytJoin Date: 2015Post Count: 23
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.Brett MParticipant@brettmesser1Join Date: 2016Post Count: 14
Thanks Terry, I’ll check it out.Tony BurnettParticipant@tonyburnettJoin Date: 2016Post 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.