All Topics / Help Needed! / Property Investment Software

Viewing 4 posts - 1 through 4 (of 4 total)
  • Profile photo of se7ense7en
    Participant
    @se7en
    Join Date: 2011
    Post Count: 54
    July 4, 2011 - 3:20 am

    Hi Guys,

    I am currently looking at many different types of software to help manage, calculate and analysis my investment properties or potential investment properties. I have read many different reviews but find that they are not very consistent. Is there a software package that stand out from the crowd and if so what is it and why and where can I get it?

    Ideally I feel it would be great to be able to punch in different figures for different scenarios (sale price, rental income, interest rate, etc) and compare them. Is there software that can do this as well as calculate any tax implications?

    I know that property professionals rely a lot on this sort of software and would probably be using the best there is to offer. Does anyone know what software they use exactly?

    Cheers
    Adam

    Profile photo of bm17bm17
    Participant
    @bm17
    Join Date: 2010
    Post Count: 47
    July 4, 2011 - 3:33 am

    Hi Adam,
    I use Somersoft's PIA Personal Professional. It is a program that allows you to key in all the details you mention (price, loan amount, rent, interest rates etc.).
    Once all details are included, it will give you the net income/loss the property will generate in years 1, 2, 3 up to year 30.
    I have used it a nuimber of times to see if a property is viable and would recommend it.
    Blair

    Profile photo of Jamie MooreJamie Moore
    Participant
    @jamie-m
    Join Date: 2010
    Post Count: 5,069
    July 4, 2011 - 4:14 am

    Hi Adam

    We’ve got a free IP analysis spreadsheet on our website that might help – http://www.passgo.com.au/pass-go-investment-property-analysis-tool

    Cheers

    Jamie

    Jamie Moore | Pass Go Home Loans Pty Ltd
    http://www.passgo.com.au
    Email Me | Phone Me

    Mortgage Broker assisting clients Australia wide Email: [email protected]

    Profile photo of se7ense7en
    Participant
    @se7en
    Join Date: 2011
    Post Count: 54
    July 5, 2011 - 10:23 am

    Thanks Guys, both your post were of great help. I will definitely try out the free software jamie and I think I’ll give PIA a go as well.

    Does PIA have tax calculations and analysis if not do you know of any good tax resources in regards to property investment?

    Thanks again!

    Adam

Viewing 4 posts - 1 through 4 (of 4 total)

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