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Before
You Buy Quicken Rental
Property Manager, Read Our Software Review PART 1
The
Quicken
Rental Property Manager 2010 is highly popular
among landlords and
property
managers but does it actually live up to the hype? Read on for the
answer as we review Quicken Rental Property software
to see if it will give you the best bang for your buck.
Is managing your tenants and rental properties taking up too much of
your time? Is tracking your rental expenses and rent payments is giving
you a headache? Then perhaps it's high time for you to dump trade that
ugly notebook and outdated file for a solid property management
software.
What Quicken
Rental Property Manager Can Do for You
Once
you start using it, you will realize that Quicken Property
Manager
is not just a plain property management software - It is actually a
complete
accounting solution for your personal, business and rental property
needs. It allows you to manage and keep track of all your earnings,
savings, spendings,
investments and taxes.
For this Quicken Rental Property Manager review we will focus
on how this software can help you manage your tenants and rental
properties more easily and effectively.
Running and maintaining
rental properties involves a lot of ongoing expenses such as repair
costs, utility bills and legal fees. This program can help you stay on
top of your cash flow so you will know for sure whether you are making
a profit or loss every month.
A brand new feature will even
remind of you of upcoming bills and whether you have enough money left
to pay for them. The "Rent Center" tab in the program also allows to
record information for all your tenants and whether they have paid
their rents this month.
Filing
taxes for rental properties
something that most landlords dread and with Quicken Rental Property
software
you can greatly lessen the pain. It helps you keep track of the rental
property tax deductions that you are entitled to so that you can slash
your property taxes to the minimum. This feature alone can help most
landlords hundreds of dollars.
What
We Like about Quicken Rental Property Manager
Once
you fire up the Quicken Rental Property software, the first thing that
you will
notice is the simple and clean layout of the program. There are no
confusing options or cluttered icons and this makes it a pleasure to
use. See it for yourself from the screenshot below:
One thing that we love about Quicken Rental Property Manager
is
how easy it is to use. Everything
is worded in plain speaking English so there are no technical or
accounting jargon to worry about - All you have to do is punch in the
numbers and the program will do the sums for you.
To
illustrate how user-friendly this program is, you can even flag an
expense type as "Not Sure" if you need to double check later. There is
literally no learning curve even for a newbie. This makes
it an excellent choice if you are using a property management software
for the first time.
The
"Rent Center" also scores high marks for being highly useful and well
designed. It allows you to clearly see the status of your
rental
properties, tenants and rent payments all at one place. This is also
helpful for comparing your different rental properties and tenants.
If
any of your rental properties are vacant or a tenant is late with his
rent payment, a red warning icon will appear to
remind you to take
action.
Are you ready
to uncover more plus points of Quicken Rental Property Manager
and what
we don't really like about it?
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