• Embed Doc
  • Readcast
  • Collections
  • CommentGo Back
Download
 
PROAPOD
®Real Estate Investment Softwarewww.proapod.com
How to Buy Real Estate Investment Software (and not overpay)
 James R Kobzeff 
The ability to buy and not overpay for real estate investment software can be daunting.Being able to spot goodreal estate investment software  before we purchase it would be a very welcome benefit, indeed. We would save money, hours of frustration, and, oh did I say, we mightsave enough money to make several car payments?Unfortunately, procuring real estate investment software to meet our particular goal or desire is nota talent. With such a variety of real estate software solutions available, each sporting variousfeatures, tools, reports, and calculations, it takes some probing.So if you're a real estate agent or investor currently shopping online for real estate investmentanalysis software then this one's for you. Here are some practical suggestions that might helpinsure that you get what you want (and expect) the first time without overpaying for it.
1. Determine whether the software is user-friendly.
Software is not user-friendly if you have tospend long hours wondering how to use it, or so lack luster that it makes your eyes hurt.The fault with most real estate investment software (and I've purchased a few) is that they can betoo complex that they are over-the-top for day-to-day use, or so poorly formatted and non-creativethat they appear, shall I say, abysmal.Therefore, look for a software solution that has a pleasing interface with easy-to-use forms, distincttoolbar, and ample instructions.The software's web site is your first clue. Is it well organized, creative, informative, unobtrusive,and easy to navigate? Or is it lack-luster and confusing? Remember, the same company claimingthat they are easy to use, professional, and the solution for you, publishes the website.
2. Read what the software purports to do.
Obviously, you're looking for investment software toanalyze the cash flow, rates of return, and profitability of income property. Okay, but are you aninvestor looking only to compare investment opportunities, or an agent planning to make rental property listing, marketing, and in-depth property analysis presentations to colleagues andcustomers? There is a difference.As a real estate investor, whereas you surely would want real estate investment software tocompute the elements of tax shelter, you might not care whether it creates a deeper propertyanalysis or marketing presentation. Look for a program that at the minimum computes after-tax
©2009 James R Kobzeff. All rights reserved.
of 00

Leave a Comment

You must be to leave a comment.
Submit
Characters: ...
You must be to leave a comment.
Submit
Characters: ...