Which property management software is right for you?

By: Amer Siddiq

There is little doubt that the numerous software solutions that surround us today are helping landlords to make decisions about their property business more quickly and with more accuracy.

The fact of the matter is that property management software helps in the gathering of data, and also in its interpretation. It is an essential tool for landlords who want to get better organised and improve their property cash flow.

There are applications for virtually every type of property investment business you can name, and choices are aplenty.

The problem is that sometimes too many software solutions to choose from can actually be a bad thing.

So, how do you know whether a particular landlord software package is right for you?

In the business of property management, a landlord can use property management software to not only store important information about his property portfolio, but also use the software’s options to generate reports and throw alerts on key priority areas like safety certificates, insurance policies and rent arrears.

While these features are great and really help a landlord in his day to day activities, there is one parameter that is often overlooked when deciding on the right package to buy – namely, the crucial area of customer support.

It is easy to filter out the non serious players once you ask the right questions. Some questions to ask include:

- Does it come with a reliable support mechanism?
- Is there a detailed Help Document you can refer to?
- Is there someone you can talk to if you have a problem you can’t fix yourself?

Often, the lack of support is realised only when you already have a burning problem at hand and are struggling to get the help you need.

Another aspect that often gets overlooked is whether the chosen software will help to manage the landlords taxes. Now, this doesn’t mean that the software needs to be dedicated property tax software only, but it should have the capability of managing the landlord’s taxes as well.

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Property Portfolio Software’s flagship property management software product Landlord’s Property Manager tracks all property-related income and expenditure and helps landlords to get better organized. If you want easy to use landlord software that will help you to get better organized and slash your accountancy and legal fees then try our landlord solutions today.

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