THE FIRST FREE ONLINE PROPERTY MANAGING TOOL FOR THE GROWING LANDLORD
Keep track of rents due, debtors, bill and mortgage payments, gas and electric safety reminders and data about virtually anything to do with your whole portfolio from absolutely anywhere in the world!
Ajay Ahuja, Author and Investor worth �13m
Dear Landlord,
Do you find it a nightmare keeping track of rents due?
I do not know about you but when you own more than 10 properties, keeping track of when the rents are due can become a nightmare.
This is because rent is either paid:
This is because rent is either paid:
1. Weekly: usually this is low paid private tenants
2. Fortnightly: usually this is the top up element from an unemployed person because their Job Seekers Allowance is paid fortnightly
3. Four weekly: usually this is councils when they pay the housing benefit
4. Per calendar month: usually salaried private tenants with higher incomes because the tenant is paid every calendar month
Add to the fact that some of the rent is paid in arrears and some in advance you can see that a mixture of tenants that are private weekly, private monthly and housing benefit can quickly lead to confusion.
The methods I have used or considered using to handle my portfolio have been:
1. Pen and Paper: this just seemed to out dated and backward. I knew that using a computer in some way will always be better than pen and paper.
2. Using Microsoft Excel: this seemed a possibility but considering there was no trigger for when the rents become due it would simply be astatic page sitting on a computer.
3. Using Landlord Software: I bought a package for �149 and frankly I was gutted.I thought it was the solution to all my problems but the software was just too confusing and complicated and very inflexible.
4. Using An Online Accounting Package: I liked the idea of being able to check on the status of my portfolio anywhere in the world. But when I looked in to it there was nothing for a landlord where rents due would be automatically calculated.
So I have created this site. This site will overcome all your management problems.
The methods I have used or considered using to handle my portfolio have been:
1. Pen and Paper: this just seemed to out dated and backward. I knew that using a computer in some way will always be better than pen and paper.
2. Using Microsoft Excel: this seemed a possibility but considering there was no trigger for when the rents become due it would simply be astatic page sitting on a computer.
3. Using Landlord Software: I bought a package for �149 and frankly I was gutted.I thought it was the solution to all my problems but the software was just too confusing and complicated and very inflexible.
4. Using An Online Accounting Package: I liked the idea of being able to check on the status of my portfolio anywhere in the world. But when I looked in to it there was nothing for a landlord where rents due would be automatically calculated.
So I have created this site. This site will overcome all your management problems.
My portfolio management program is:
1. Online: so you can check on your portfolio anywhere.Also if you lose your computer or it gets stolen or the data gets corrupted you dont have to worry as all the data is stored on our high performance security backed servers.
2. Simple to use: no complex linking properties with tenants orcompulsory fields to be filled in.
3. A Debtor list generator: by a click of a mouse you can see who owes what at any one time because rents are added to tenant's debts automatically once the rent becomes due.
4. Flexible with rent cycles: you can add the rent so it is payabledaily, weekly, fortnightly, four weekly, monthly, quarterly or even annually.
There is also another neat feature where you can create a portfolio page which has all the details of your portfolio in a spreadsheet to view online.You can include the date you purchased it, what you paid for it, mortgage outstanding and estimated value.The sheet will then calculate the estimated profit the equity contained in the property and the yield.It will also total up your portfolio so you know what to expect to earn from your portfolio as a whole, the total amount of equity in your properties (i.e. your net worth) and the overall yield of your portfolio.
So how much does it cost to use?
NOTHING! It costs absolutely zero to use the whole of this site and everything it can do for you.
No catches and no strings. You will never be asked to pay anything to use this site now or in the future.To use this site you have to register. To register click on the link below.
So how much does it cost to use?
NOTHING! It costs absolutely zero to use the whole of this site and everything it can do for you.
No catches and no strings. You will never be asked to pay anything to use this site now or in the future.To use this site you have to register. To register click on the link below.
