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Duncan M,duncan_m said:Hi,
I was curious what percentage of investors self-manage one or more of their properties?
So I've attached a poll
I have a property (three cottages) which I have self managed for a few years.willair said:But we only have 2 ip's left now and if you have the right
property software then half the job is already done, the rest is easy.
May I ask what software you have found the most useful and which software you prefer not to use?willair said:Duncan M,
I voted for self-manage not that i have anything against R/E property
managers.But we only have 2 ip's left now and if you have the right
property software then half the job is already done, the rest is easy.
good luck willair..
GGumpshots,ggumpshots said:May I ask what software you have found the most useful and which software you prefer not to use?
Hehe. By strange coincidence- the software written by the person who started the threadwillair said:The software is from www.moneybeans.com
willair said:GGumpshots,
I have only started using property management software for my last 2 tax
returns prior to that everything was kept in empty beer cartons under my
office desk,so when the tax year ended it was a very stressfull time to
find all the paper work, i still think the ATO owes me money.
The software is from www.moneybeans.com all i do now is add everything
in each week and then when this time of year comes around everything is
in place, it is worth every cent for all the worry and stress that tax time use to give me.
good luck willair..
PS/I know very little about p/m sofware there may be better programes around but for the cost i'm happy with the way it works..
Petal said:That moneybeans looks very interesting.
Questions of Duncan please:
1. Do I have to purchase it twice as our properties are jointly owned by hubby and myself and of course we do two separate tax returns.
2. Does it allow you to go in and change the interest rate when we get one of those nasty rate rises???
Thx
You can answer that in public if you want.duncan_m said:I PM'ed you
ggumpshots said:Were the beer cartoons really empty when doing your tax?
lowb said:If you have PMs, are there variations on the arragements:
-PMs could pay your rates for you
-PMs could automatically increase the rent for you
I'm looking for a PM/agent to rent out a property... I'm stuck on how to choose one. Things that I am thinking about is:
-% comission (including gst)
-fee's per month
-the rent the agent can achieve
-whether the agent actually inspects the property at all