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Landlord Software Must Change With The Times
As a landlord and property manager of many, many years experience I have certainly seen a lot of changes to this business, especially in recent years. In times past people got into the property management business with their eye on the long game and an understanding that it was a long term investment. In the not too distant past people started to see it s a way to make a quick buck. Then, as we all know, recently people have had a taste of just how difficult property management can be.
One thing that never changes though is the need for a good solid system for managing your portfolio and these days that involves a good property management software package for your PC. In the end after lots of experimenting with products already available on the market, I decided to design my own landlord software. That way I could be sure it would suit my needs. In the process I have managed to produce property management software that I now consider to be the best available on the market. My experience in the business was invaluable when designing it.
One of the problems with so much of the property portfolio management tools ...
... I had tried in the past was the fact that they are stagnant. By this I mean even if you are lucky enough to hit on one that has been fairly well designed by a landlord who knows what he is doing once they get the product out on the market they stop improving it. In my experience this is a disaster for the consumer. As we have already seen, the property market changes fast and if your landlord software is not flexible enough to change with it then it can become redundant very quickly. Considering how expensive it is that is not a good thing.
If you have a landlord software package that adjusts with your needs over time you can be safe in the knowledge that you will never have to make an expensive upgrade to more relevant software.
To make sure that my software is relevant I have an ongoing consultation with the landlords who make up my large customer base. This allows me to make sure that my original mission of giving landlords a property management tool that caters for every one of their needs is as well met in the present as it was when I first designed the software.
My advice to anyone in the market for a property management software package is to make sure the company that designed it sees it as an ongoing concern. Not just something to make a buck from and then move on to the next project. That way your investment in your landlord software is going to keep paying dividends long into the future.
A bonus because at the very least you do not want to have to put time into learning a new system.
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