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Choosing The Right Landlord Software For You
I have expressed the opinion on many occasions that any property landlord who is still trying to manage a portfolio without landlord software is doing themselves a serious disservice. It appears to me in my daily interaction with landlords that most of them agree with me and would not dream of trying to run their business without property software. The difficulty most landlords express to me is the number of different landlord software that is out there; most of them have no idea which one to choose.
It is my theory that at the height of the property boom, every man and their dog wanted to get involved in some way even when they knew very little about the subject and did not actually have the means or the inclination to be landlords. They got involved in all sorts of ways and one of them was trying their hand at writing property management software. Without being unkind some of the results of this are very sub standard. Not surprising really as they are written by people who have little or no knowledge of the intricacies of running a property portfolio. This is a problem for landlords, as just because these people do ...
... not write good property software does not mean they are bad at marketing it. It is easy to get burnt in a market filled with below par products.
My first piece of advice for avoiding this happening to you is to make sure that the property management software that you choose is written by someone who has the necessary experience in the property management sector. If the person promoting the software cannot show you genuine proof of their long term involvement in property then steer clear of their product, you are likely to end up with something that causes more problems than it solves for you and who wants to pay good money to have their problems increased?
One of the ways you can make sure that the person standing behind the software is the genuine article is to see who recommends it. Recommendations from recognized sources will point you in the right direction. Some bodies to look out for are the National Landlord's Association NLA and the Residential Landlord's Association, these organizations have proven credentials that are easy to verify online. The NLA is one of the most eminent organizations in the property sector but there are others. A good idea is to search the net for the best independent organizations such as these and find out which property management software they recommend. It is hard to see how you could go wrong if a well respected property organization is willing to vouch for the property software you are looking at purchasing. Just make sure it is an independent group whose advice you are taking.
Excellent landlord software should make your life as a landlord easier and it should do so without costing the earth. This is very achievable if you do your research.
Property Portfolio Software's flagship property management software product Landlord's Property Manager tracks all property-related income and expenditure and helps landlords to get better organized. If you want easy to use landlord software that will help you to get better organized and slash your accountancy and legal fees then try our landlord solutions today.
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