Archive for July, 2009

7 Questions to Ask Before Purchasing Property Management Software

Monday, July 27th, 2009

A huge issue for professional landlords as they grow their portfolio is staying organised, according to an experienced property investor.

Amer Siddiq, founder of property management software firm Property Portfolio Software (PPS), believes an essential step for serious landlords is to invest in property management software.

PPS’s software products are specifically designed to handle the major challenges faced by landlords.

But according to Amer, many landlords fail to ask the right questions before purchasing their software.

He said: “Becoming a serious investor brings new problems you won’t have experienced before. The answers are provided by clever landlord software solutions. The next challenge is to pick the right solution.”

Amer believes landlords should ask:

1. How long has the property management software been on the market? This might seem obvious but if the software is from a new start-up company, then it’s natural to be sceptical at first. Because the property market has boomed over the last few years, a number of different landlord software vendors have come to the market and disappeared within a couple of years.

2. How many sales have been achieved to date? Don’t be afraid to ask this vital question as it will give you a good indication as to how popular property management software solution is.

3. What kind of support is provided? The support service that sits behind the product is more important than the product itself. It will determine how successful the product is. It’s inevitable you will need to speak to someone at some point and the speed and manner in which your query is dealt with will either make you a fan or put you off totally!



Who has designed the software? Steer clear from software that has been designed by ‘computer techies’. What you want is software that has been designed by experienced landlords.





What is the refund policy? It is important that you look into any refund policy that is made available and definitely read the small print.





Who is the software recommended by? Check out testimonials and make sure the software is approved and or recognised by the two main landlords associations in the UK, National Landlords Association (NLA) and the Residential Landlords Association (RLA).





How often is the software updated? Property management software will always need to be fixed and developed on a regular basis. In the best packages the software can automatically update itself.



Real Estate Guide to Buy or Rent Whangarei Northland and Coastal Property in New Zealand

Monday, July 27th, 2009

Real Estate Investment in Whangarei New Zealand

Real estate business may be focused in so many aspects as an investment and as a method to earn money from. You can be a real estate agent and enjoy earning money while on the other hand, there are those who have the capital to earn being an investor in the buy and sell arena for a real estate business. In Whangarei New Zealand, however, there is a lot of available real estate business investment that you can get in to if you want to earn a significant amount of income from it.

Whangarei Real Estate Agent Marketing Tips

A Whangarei real estate agent in New Zealand may earn through real estate business by selling real estate property in so many ways and methods but so far, there are a few tips that I would like to give you to be able to earn good in this business. To be able to market a real estate property, you have to know where you can make such move or where to post your for sale property using the internet because we all know that the internet is the best medium there is if you are selling anything today. A few good ways to seek refuge for your product are forums and classifieds. Today there are a lot of free classifieds that you can post your for sale product. Forums can also be a good way to sell real estate. You can also try to market your real estate property using social media sites where you can post to multiple people who might just be interested to buy a real estate property in Whangarei. So far these are just a few ways and I know that there are a lot out there.

Different Real Estate Property Investment and Sale

In a real estate investment, there are a lot of different types that you can sell for interest of those who might be looking for the perfect type of property. Different people have different preferences for a real estate property that they wan to buy or rent or even lease for a period of time so to be able to allow your target clients to get a glimpse of what is there in the real estate industry in Whangarei Nez Zealand, you must have access to the different types of real estate properties being sold in the market today and make a list of them all. This is for the purpose of having each type under your profile just in case you have to present a client the different types of real estate property that you sell for choosing.

To get you an idea of what is in store if you are looking to sell real estate these are a few types. Coastal real estate, farmland real estate, northland real estate, beach real estate, resort real estate, ridge real estate and more. So far these are just a few but always feel free to make it more appealing and diverse for your clients. We all know that selling a real estate property either if it is for rent, lease or total sale depends on the choices that you can offer for your clients.

Brewer Caldwell Asks, Do You Really Need A Property Manager

Sunday, July 26th, 2009

It is amazing to know that after these stressful economic times that we hear and read about, real estate still remains the sure thing for long term investing. With prices currently fluctuating in every industry it is comforting to know that your real estate investments will continue to survive the storm.

The question remains on where you need to save money. The one thing you do not want to skimp on is hiring a property management company. If you already have a property manager, then you are on the high road to success.

Here are five simple reasons why you should use a property management company:

1) If you are an out of state investor you need a property manager by law. Few investors know that there is a $1000 fine to not have a statutory agent representing your investment in the state your property is located. The manager can be where you can’t. They become your eyes and ears for that property and know the laws of that state. That is the peace and comfort that you need in a long distant relationship.

2) Property managers deal with your tenant. You stay completely out of the picture. Let them chase the rent, deal with the complaints, handle the legal issues, the HOA, and you know that list goes on and on.

3) Property managers will have networks of professionals. This can include everything you would ever need from subcontractors, lenders, appraisers, inspectors, and so forth. Most management companies are set up as one stop shops to help provide the best service they can.

4) Property management companies will save you time and money. Do your homework. Of course on paper you see management fees getting taken out of your net cash flow but what does that cost you in the long run with the headaches and your precious time which leads me to my final point…

5) Property management frees up your time to focus on life. You have careers, families, and hobbies. Let the manager deal with your investment issues while you focus on the more important things in your life.