ProAPOD recently released a video that shows you the incredible (time saving) features included on our Rent Roll form. Did you know, for example, that ProAPOD will automatically count your units and then add the count to the rent roll form? Plus, in the same feature ProAPOD will add the correct unit configuration for each unit counted? Did you know that ProAPOD will transfer certain data from the rent roll you create into the Income and Marketing Package forms? Watch the entire video to see how to do this and more at ProAPOD Video Tutorials…
ProAPOD Real Estate Investment Software: The Scoop on Our Three Solutions
April 22, 2010
Those of you acquainted with ProAPOD Real Estate Investment Software are aware that we offer three different solutions ranging in price from $149.95 to $279.95. So I thought you might be interested in also knowing how, why, and when each of these investment software solutions came about. Here’s a quick summary in the order of their development and release date.
ProAPOD Agent 6.0
ProAPOD Agent 6.0 was the first program we developed and released in 2000 as “ProAPOD Multifamily Analysis & Marketing Software”.
Our purpose was straightforward: We wanted to provide real estate agents seeking to work with multifamily property with an easy-to-use way to create an APOD, a ten-year Proforma Income Statement and Marketing Package. What we discovered at that time were software programs much too expensive for regular folks, way overly-complex for day-to-day use, or simply too lack-luster to suit our taste.
Since its release, numerous features and reports were added along with a name change. But the concept remains the same. To provide agents who understand little to nothing about investment property or the formulas (especially residential agents) with all the essential elements to work with multifamily properties easily.
ProAPOD Agent 6.0 includes full analysis and marketing reports without computations for either tax shelter or time value of money and is truly a program for residential agents who would like to work with multifamily property as well as residential property; only not as regularly. Learn more at >> real estate agent software…
ProAPOD Executive 10.0
ProAPOD Executive 10.0 was developed and released in 2004 at the request of customers who begged us for a “ProAPOD-quality” investment software solution that would also include computations for tax shelter and time value of money.
So we took ProAPOD and added the necessary forms, computations, and reports needed and surprisingly developed what others have heralded as “the best and most affordable software solution of its kind on the market today”.
ProAPOD Executive 10.0 is a rental property analysis and marketing solution that computes all four returns associated with investment real estate, i.e., cash flow, appreciation, loan amortization, and tax shelter (including computations for depreciation, capital gains, recapture tax, mortgage interest and amortized points) as well as time value of money.
This is the investment software typically used by agents and investors who are more engaged in investment property and seek a deep-level cash flow analysis and marketing solution. Learn more at >> real estate investment software…
ProAPOD Investor 4.0
ProAPOD Investor 4.0 was developed and released in 2008 after we discovered that some seminar “gurus” were charging hefty sums to new investors for what we considered to be sub-standard real estate investor software for novices.
As a result, we developed this software solution with triple the benefits at a fraction of the cost. Our purpose was simple: To offer “mom and pop” investors (those who invest infrequently) with the necessary elements to determine what rate of return they might achieve on an investment opportunity before making a purchase.
ProAPOD Investor 4.0 includes full consideration for tax shelter and time value of money (which is important to all investors) but excludes the more robust analysis and marketing options many “mom and pop” investors who invest with minimal regard about selling the property generally have interest.
This software program also includes a “learning center” on each form for those who would also like to learn the formulas. Learn more at >> real estate investor software…
Buy Only Properties that Have Big Profit Potential
April 22, 2010
Achieving big profits is something that is desired by every property investor. However, not every property that is for sale has true potential of delivering double-digit returns over the investor’s holding period. Many properties that are up for sale are touted by their sellers and promoters as great investment opportunities, but only some selected ones have very high chances to actually deliver really high returns.
First of all, unless the investor is buying property in a highly risky country/market where prevailing prices allow above 10% initial yields, double-digit returns can not be accomplished if significant value gains are not attained after the property is acquired. The secret then to achieving big profits through real estate investing is to spot properties, which have very high chances of registering strong value increases after they are acquired. Within this context, it is extremely important for investors to know what kind of clues can help them identify properties with such potential.
Based on empirical evidence describing the behavior of real estate markets and property values over the past decades in free economies, we can argue with a high degree of certainty that properties that are found under a particular set of economic/market synergies and circumstances have very high chances to register strong income and value gains in the short to medium term. On the other hand, we can also argue with a high degree of certainty that properties that are found under another set of economic/market synergies and circumstances have very small chances to register any value gains over the short to medium term.
In addition, based on empirical evidence regarding the spatial dynamics of real estate demand, property rents and values within contemporary cities and urban areas, we can argue that, under a specific set of circumstances, there are specific locations within a metropolitan area that have significantly greater chances than other locations in the same urban area to register strong property value gains in the short to medium term.
Investors who are serious about sharpening their ability of sorting out among the many opportunities that come to their attention only the ones that have the highest chances of delivering big profits, need to understand the general categories and subcategories of properties with big profit potential as defined by a set of market/economic synergies and circumstances, as well as a set of locational parameters.
Dr. Petros Sivitanides, the author of Real Estate Investing for Double-Digit Returns, has a Ph.D. from M.I.T. and over 17 years of experience in real estate investment consulting, research and forecasting. More on property investing for double-digit returns can be found here.
Article Source: ArticleSpan
