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2. In the Real Estate market, We have a good option to find a good
software program to get your
growing business organized.
3. The two main mistakes many people make are:
Buying software that is overkill for their needs.
Going for the cheapest alternative and getting
software that has defects and doesn't fit their
needs.
4. Things Should Be Consider
While Using Software
Use 'trial version' that allows you to 'try before you buy'.
Maintain a separate ledger for each Tenant and each Owner.
Deal with bank checks and deposits.
5. Maintain a vendor file.
Automatically post rent, management fees, and late fees.
Easily update your information, has a good interface.
6. Beware hidden costs.
Make sure your software program is easy to
install, easy to use, and has plenty of help.
7. Some features, such as tenant background checking are usually done by
well-known Internet companies. The software vendor buys the service first,
and passes on a marked-up the cost to you, the software end-user.