All Topics / Help Needed! / Property Anayslsis Software
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Hi there,I am interested in buying software to use for analysising property before purchase and during ownership. Iam not looking for software for day to day running of portfolio as l will be using property manager. I want a program for numbers only. Australian Property Investment Magazines advertises to differant software packages. Can you suggest which one to go for or even some other packages from another source?
Thanks
I have the PIA software from Somersoft and always found that to be wonderful. I’m fairly sure that McKnight has software advertised here that does that type of thing too, so hopeuflly someone will come forward as to what that is like. Plus try looking up “Jaffasoft” posts, I seem to recall reading his posts, offering free or cheap software.
I realise my reply is a bit vague but do recall reading of different things on this site in the past, so hopefully the odd thing above will give you a couple of leads to follow up to find something that suits you.
Regards
PKcheck if there is a free trial with the software from their websites
Comments may not be relevant to individual circumstances. If you intend making any investment, financial or taxation decision you should consult a professional adviser.
PIAFPU from API has a free trial. I can write almost any spreadsheet i desire as thats part of my job, but I bought it two days ago because i tried the trial version and It is absolutely brilliant in terms of its ease of use, functionality and price. (It has one or two tiny quirks). I paid $245 with no hassles because thats about a good days work and it would have taken me a good week to write this. Then i would have had to trial it and test its accurace which would take at least a few more days.
I also trailed EZ Rent and Rent Analysis which are free but very very limited. Both targeted at properties already owned.
POSH was no god either.The brillian thing about PIA is you can put multiple future scenarios into it , I even manipulate share parcels into it but you have to change the tax rates and yield to reflect the franking credits.
The only thing i dont like about it so far is that when you input multiple future property purchases it throws all butthe first property in the second year. Im sure i will work out how to do so or contact them for a fix.
Cant recommend it highly enough. No im not commisioned, but very much wish i was.
Hi
Investment Detective is designed specifically for analysing pre and post purchase and comparing both together. ID can also be used to track your properties performance on an ongoing basis, comparing your history over multiple years.
ID is all about number crunching and includes lots of unique formulas that Steve have developed after many years in the property investing game.
Regards
Philip Batey
Investment Detective
The best way to crunch the numbers and manage your portfolios
https://www.propertyinvesting.com/resources/24.html
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