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Inflation Rate Calculator Updated for Feb 2017

ProAPOD updated the Inflation Rate calculator in it’s iCalculator real estate calculator program to reflect the latest US inflation rate government data released Wednesday, March 15. This update means that iCalculator users will be able to compute US inflation rates from 1913 through February 2017.

For example, let say that you want to determine how much you would have to spend in February 2017 to have the same buying power for goods and services you spent may have spent (say) $200.00 for similar goods and services in 1933. You would select 1913 as the starting year, then enter $200.00 as the dollar amount spent, then select 2017 as the ending year, and then click Calculate to reveal the result: $4,921.27 and 2360.6%.

iCalculator’s Inflation Rate calculator does not limit you to either the years or the amount you want to compute, however. You can select any starting year and any ending year (e.g., 1913, 1948, 1995, 2010 and so on). And you can enter any amount (e.g., $1.00, $950, $20,500 and so forth).

So You Know

If you are a current user of iCalculator, the Inflation Rate calculator will automatically reflect this latest update the next time you calculate. Learn more about iCalculator…

Getting a Password Prompt When You Close an Excel VBA Program?

My ProAPOD real estate investment software is an Excel VBA application that I released in 2000. Since then I have had to address the dreaded password prompt at program closing about five times. Although I consider myself lucky–given the more than one thousand customers I have–nonetheless, it is very annoying.

Here’s what happens.

Some customers (not all, just a few), when exiting my program, were greeted with a prompt that required them to enter a password. If they cancelled the prompt, it just reappeared. If they they entered a bogus password, it just reappeared. In fact, only when they clicked the CANCEL button multiple times (some 3 or 4, others 10-15) did the prompt finally vanish and ProAPOD normally close. The issue was not restricted to one specific Windows operating system or Excel version; and I should mention that it never happened to me on any of my three computers.

The first time I encountered this issue was around 2006-2008. It affected three of my customers. In that case it was discovered that Google had an app called “Desktop” (I believe) that was proven to be incompatible with Excel VBA and caused the prompt. Once the customer removed the app, ProAPOD closed perfectly without the password prompt. So it seemed that the problem was solved once-for-all.

But then, to my dismay, the problem began occurring again over the past several weeks. This time, two of my customers were affected. Once again, many years after the problem was thought to be finally eradicated, it reappeared without warning or explanation. Again, only to a few of my than one thousand customers, and again not to me.

My immediate suggestion was to have them sweep and remove any virus, malware and spyware that might have infected their computer. No success. Then I suggested the removal of any com add-on. Again, no success. Then I discovered an article written by Jon Peltier on August 23, 2016 entitled “VB Password Prompt when Closing Excel” posted on his blog, “Peltier Tech Blog”.

In his article, Jon points out several other more currently popular apps that are known to cause this issue (e.g. DropBox). So I instructed my customer to read the article, and it worked. My customer followed Jon’s tips and the mysterious password prompt disappeared and ProAPOD closed without incident. Thank you, Jon.

I strongly suggest that you read Jon Peltier’s article “VB Password Prompt when Closing Excel” if you, too, encounter this strange problem when running an Excel VBA software program.

NEW: Highest and Best Use Article

A new article entitled “Why Real Estate Investors Should Consider Highest and Best Use”, has been written by James Kobzeff, the owner and developer of ProAPOD Real Estate Investment Software, and was posted on the ProAPOD website, Mar 3, 2017.

The article intends to encourage real estate investors to consider each of their real estate investment properties in light of the highest and best use concept. Included are several examples of the types of property that might have more than one use and can yield a hidden profit with respect to its “highest and best use.”

Read the article…

So You Know

Highest and best use is just one of many real estate investing articles freely available for reading to visitors of the ProAPOD website. To see the complete directory of articles, videos, and other helpful investor resources, visit the ProAPOD Learning Center…

NEW: Upgrade to Executive 10 Option

ProAPOD real estate investment software customers currently using our Agent 6 software solution can now upgrade to our Executive 10 software solution very easily.

  1. Simply login to your account
  2. Click the UPGRADE button located on your dashboard
  3. Follow the purchase instructions
  4. After your purchase, you will find 2 downloads for “Upgrade – Agent 6 to Executive 10”. Click the DOWNLOAD button and follow the installation instructions.

The Installation

The upgrade installation will overwrite your current version of Agent 6. Therefore, the next time you open ProAPOD you will be opening the newly installed Executive 10 software solution; whereas other files previously saved with your Agent 6 software solution will not be overwritten. For instance, if you previously saved a project called ABC Apartments, it will still exist in your saved folder as a fully functional Agent 6 file. And, of course, all future projects saved with Executive 10 will be saved as a fully functional Executive 10 file.

In other words, you will have the benefit of having both fully functional solutions on your computer by installing this upgrade.

Why Upgrade?

The primary feature added with the Executive 10 real estate investment software solution is inclusion of tax shelter elements. But there is also the time value of money elements, the FlashForm tool, four more reports, and five charts. You can preview all these features on the ProAPOD website at Executive 10 real estate investment software.

To compare the two software solutions, go to compare solutions.

Price

The price for the upgrade is $130.00.

Executive 10 price less Agent 6 price equals the upgrade price
$279.95 – 149.95 = 130.00

Inflation Rate Calculator Updated for Jan 2017

The US annual inflation rate for January 2017 jumped by the most four years according to government data released Wednesday, February 17. iCalculator, therefore, has updated its Inflation Rate calculator to reflect this most current inflation rate data. This enables you to now compute inflation rates from 1913 through January 2017. For example, you can now determine how much you would have to spend in January 2017 to equal the same buying power for goods and services you spent may have spent (say) $100.00 for similar goods and services in 1933. (Answer: $1867.99).

iCalculator’s Inflation Rate calculator does not limit you to either the years or the amount you want to compute, however. You can select any starting year and any ending year (e.g., 1913, 1962, 2013, and so on). And you can enter any amount (e.g., $1.00, $1,950, $25,500 and so forth).

So You Know

If you are a current user of iCalculator, the Inflation Rate calculator will automatically reflect this latest update the next time you calculate. Learn more about iCalculator…

Inflation Rate Calculator Updated for December 2016

The US annual inflation rate over 2016 climbed at the fastest pace in five years according to government data released Wednesday, January 18. iCalculator, therefore, has updated its Inflation Rate calculator to reflect this most current data. So you can now compute inflation rates from 1913 through December 2016. For example, you can now determine how much you would have to spend in December 2016 to equal the same buying power for goods and services you spent may have spent (say) $20.00 for similar goods and services in 1913. (Answer: $484.86).

iCalculator’s Inflation Rate calculator does not limit you to either the years or the amount you want to compute, however. You can select any starting year and any ending year (e.g., 1913, 1962, 1995, 2011, and so on). And you can enter any amount (e.g., $1.00, $20, $950, $2,500 and so forth).

So You Know

If you are a current user of iCalculator, the Inflation Rate calculator will automatically reflect this latest update the next time you calculate. Learn more about iCalculator…

Inflation Rate Calculator Updated To Reflect November 2016 Increase

The annual inflation rate jumped the most in over two years according to the government data released Thursday, December 15 as a result of a cost of living in the United States for the fourth month in a row.

iCalculator, therefore, has updated its Inflation Rate calculator to reflect this most current data. So you can now compute inflation rates from 1913 through November 2016. For example, you can now determine how much you would have to spend in November 2016 to equal the same buying power for goods and services you spent may have spent (say) $20.00 for similar goods and services in 1913. (Answer: $487.58).

iCalculator’s Inflation Rate calculator does not limit you to either the years or the amount you want to compute, however. You can select any starting year and any ending year (e.g., 1913, 1962, 1995, 2011, and so on). And you can enter any amount (e.g., $1.00, $20, $950, $2,500 and so forth).

So You Know

If you are a current user of iCalculator, the Inflation Rate calculator will automatically reflect this latest update the next time you calculate. Learn more about iCalculator…

The ProAPOD Website Has Been Redesigned to Improve Reader Comprehension

My ProAPOD real estate investment software website has been redesigned to make it easier for new visitors to more clearly comprehend the benefits of my software and generally to more easily navigate through its various pages.

Here’s a sampling of the changes I made.

  • The header. I eliminated the large image of the apartment building with the text that read “Invest with confidence with our award winning real estate investment software” and replaced it with a black banner and a larger label that simply reads “ProAPOD Real Estate Investment Software” (similar to this blog site).
  • The font. I changed the font style and size to make the text more interesting and easier to read.
  • The wording. The descriptions for each of the three solutions were rewritten to make it clearer to the reader what that solution does. Most paragraphs were shortened and made more concise.
  • Images. An “information” image was added to the Learning Center as well as the other pages that primarily provide helpful information to the visitor such as my real estate investing articles and videos, online real estate calculators, glossary of terms, and industry links.

Pease pay us a visit at ProAPOD Real Estate Investment Software and tell me what you think.

Calculating a Buyer’s Maximum Purchase Price

maximum-purchase-price-form

Real estate agents and buyers are often faced with the dilemma of trying to calculate the maximum purchase price a buyer can afford to pay based upon certain buyer criteria.

  1. The buyers desired cash down payment
  2. The buyers desired monthly mortgage payment
  3. The buyers anticipated mortgage rate and terms

For example, let’s say that the buyer has $10,000 cash to put down, can afford to pay $1,200 per month, and would reasonably expect a bank to quote a fully amortized thirty-year loan at 5.9% interest rate.

The solution is fairly straightforward: cash down + loan amount = the maximum purchase price.

Okay, but the challenge is being able to calculate the correct loan amount at an interest rate of 5.9% that will fully amortize at $1,200 per month (principal and interest) for 30 years.

To make it easy for you, we have included a “Maximum Price” calculator in our iCalculator program. You just enter four lines of data to get the result. (Note illustration below).

maximum-purchase-price-form

So You Know

The buyer’s maximum purchase price is just one of over sixty online real estate calculators available in iCalculator. See them all at real estate calculators

Inflation Rate Calculator Updated for October Increase

According to government data released Thursday, November 17, annual inflation in the United States ran at the fastest rate in two years as consumer prices in October climbed the most they have in the previous six months of this year.

iCalculator, therefore, has updated its Inflation Rate calculator to reflect this most current data. That means you can now compute inflation rates from 1913 through October 2016. For example, you can now determine how much you would have to spend in October 2016 to equal the same buying power for goods and services you spent may have spent (say) $20.00 for similar goods and services in 1913. (Answer: $488.34).

But so you know: iCalculator’s Inflation Rate calculator does not limit you to either the years or the amount you want to compute. You can select any starting year and any ending year (e.g., 1913, 1956, 1988, 2015, and so on). And you can enter any amount (e.g., $1.00, $20, $780, $1,000,000, or whatever).

So You Know

Users never pay for updates. So if you are a current user of iCalculator, the Inflation Rate calculator will automatically reflect this latest update the next time you calculate. Learn more about iCalculator…