Self Managing Records

[cgw]

For those who self manage, how do you keep your records.

Is it worth buying a product such as Rent Master or do you use excel spreadsheets and reminders in your calendars.

I am seriously thinking of taking the plunge.

 

[Rob Williams]

I use Property Manager Pro for the all of expenses, interest etc. It's a very simple application that gets the job done without lots of fancy bells and whistles.
I still prefer to keep rental income in a spreadsheet. I can see the entire financial year for each property on a worksheet. I can put notes in there alongside certain dates eg. "Rent increase letters due", "Late rent payment due to bank error" etc etc.
I could do all that in PMP, but I do like my spreadsheets and have been using the rent income one since before I started using PMP.

 

[Nikolina]

I simply use an excel spreadsheet. Nice and easy!

 

[jaycee]

With 1 Ip I use an excel s.sheet I put toghere a 'emplate' based on les start date & rent due dates and fill in dtes rent received. Even send a copy to the tenant every now & then. New IP is PM'd.. so will use their statements and add it up for e-tax time.