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NEW: Article on Break-even Ratio

A new article to help real estate investors and agents understand the Break-even Ratio has been posted on the ProAPOD website entitled “How to Compute Your Investment Property’s Break-Even Ratio”.

The article explains the meaning of the ratio, why lenders use it when they are considering to underwrite a loan for rental income property, and the formula. Here’s an excerpt:

“Anyone who has been around real estate investing for any length of time is undoubtedly familiar with the term, Break-even Ratio, yet may not have a clue what is and why it’s used. So it seemed like a good idea to explain it.

Break-Even Ratio (or BER) is commonly used by lenders when they’re considering to underwrite a loan…”

The article is free to read courtesy of ProAPOD Real Estate Investment Software.

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Inflation Rate Calculator Updated for June 2017

The Inflation Rate Calculator included in the ProAPOD iCalculator real estate calculators program has been updated to reflect the latest US government CPI data released on July 14, 2017. This update will enable iCalculator users to compute US inflation rates from 1913 through June 2017.

Say you would like to calculate the amount of money you would have to spend in June 2017 to have the same buying power for goods and services you spent may have spent (say) $400.00 for similar goods and services in 1953. Here are the steps:

  • Login to iCalculator
  • Select the category Time Value
  • Open the Inflation Rate calculator
  • Select 1943 as the starting year
  • Enter $400.00 as the dollar amount spent
  • Select 2017 as the ending year
  • Click Calculate

Result: $3,669.74 and 817.4%.

So You Know

1. 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, 1968, 1992, 2014 and so on). And you can enter any amount (e.g., $1.00, $3,950, $77,500 and so forth).

2. 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 Best Way to Make Real Estate Calculations Quickly

Salem, Oregon (PRWEB) June 19, 2017

ProAPOD, a leading provider of real estate investment software since 2000, choose to develop an entire suite of real estate calculators named iCalculator specifically so users can compute financial calculations quicker, easier, and with less effort than with a handheld calculator.

iCalculator is able to achieve this because it utterly changes the way calculations are made. A handheld calculator requires the user to depress a sequence of keystrokes, and in some cases (at least for the more complex computations), the need to follow an instruction manual. iCalculator, on the other hand, collects the data in clearly labeled forms. There are no series of keystrokes, and no need for an instruction manual…even for highly complex computations. The user merely completes the form and presses Calculate.

“It was my goal from the beginning,” says developer James Kobzeff, “to offer the same type of calculations previously possible only on the handheld financial calculators, but with the benefit that they can be made by anyone effortlessly and instantly.”
iCalculator includes sixty-two calculators organized into five categories: mortgages, time value, cash flows, tax shelter, and investment. The user merely selects a category to display the list of appropriate calculators in that category, makes a selection, completes the form, and then clicks the Calculate button for the result. There’s even a Print function if the user elects to print out a screenshot of the calculation.

But iCalculator is also designed to be a learning tool. The calculators each includes a definition of that particular calculation along with a detailed itemization that shows the user how the computation was made (and in some cases, with the formula). So the user gets the benefit of both, function as well as learning. “An exclusive to iCalculator,” Kobzeff notes.

Another feature of interest is that iCalculator is 100% web based. Therefore it requires no download or third-party software and can be accessed 24/7 from any device that has internet access (PC and MAC). Moreover, it’s fully responsive. That means it will correctly adjust to any size screen—phone, tablet, desktop—automatically. So it makes a perfect resource for users who are on the go.

“I should also point out,” Kobzeff says, “that my earlier version of iCalculator was chosen for the Corporate Finance classroom at Southwestern College Kansas in 2007 and 2008. According to the instructor, he was particularly impressed that his students could use their laptops to make time value of money calculations in an easy-to-use format. And he was clearly satisfied because he used it for two consecutive terms.”

Availability and Pricing

iCalculator retails for $79.95. However, real estate professionals and organizations, schools, educators and students can purchase it for just $29.95. The appropriate links are provided on the ProAPOD website on the iCalculator web page.

It is a one-time purchase without any annual subscription fees, and all updates and/or any additional calculators that may be added to the program in the future are free of charge. When updates are made they are processed by the developer and become available to users automatically.

Better still, iCalculator also offers a five-day 100% money back guarantee. So you can try the program risk-free. If you decide not to keep the program, simply notify the developer within five days of your purchase and you will receive a full refund, no questions asked.
You can learn more about iCalculator on the ProAPOD website including, a full list of all sixty-two real estate calculators, two sample calculation videos, and the purchasing buttons. To get started, open the ProAPOD homepage and then click the “iCalculator” link in the menu.

About:
ProAPOD is a privately held software company located in Salem, Oregon. James R Kobzeff is the founder and owner.
Contact:
James R Kobzeff, Owner
ProAPOD Real Estate Investment Software
503-949-9034

Inflation Rate Calculator Updated for May 2017

ProAPOD has updated the Inflation Rate calculator included in its iCalculator real estate calculators program to reflect the latest US government CPI data released on June 14, 2017. This update will enable iCalculator users to compute US inflation rates from 1913 through May 2017.

For example, let’s say you would like to calculate the amount of money you would have to spend in May 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. Here are the steps:

  • Login to iCalculator
  • Select the category Time Value
  • Open the Inflation Rate calculator
  • Select 1913 as the starting year
  • Enter $100.00 as the dollar amount spent
  • Select 2017 as the ending year
  • Click Calculate

Result: $2,472.05 and 2372.1%.

So You Know

1. 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, 1948, 1998, 2012 and so on). And you can enter any amount (e.g., $1.00, $2,950, $37,500 and so forth).

2. 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 March 2017

The Inflation Rate calculator in ProAPOD’s iCalculator real estate calculators program has been updated recently to reflect the latest US government CPI data released on April 14, 2017. This update will enable users of iCalculator to compute US inflation rates from 1913 through March 2017.

For example, let’s say you would like to calculate the amount of money you would have to spend in March 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. Here are the steps:

  • Login to iCalculator
  • Select the category Time Value
  • Open the Inflation Rate calculator
  • Select 1913 as the starting year
  • Enter $200.00 as the dollar amount spent
  • Select 2017 as the ending year
  • Click Calculate

Result: $4,925.27 and 2362.6%.

So You Know

1. 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, 1955, 1988, 2015 and so on). And you can enter any amount (e.g., $1.00, $1,950, $27,500 and so forth).

2. 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…

NEW: Article on the Benefits of Real Estate Investment Software

The article. “7 Ways Software Can Help Anyone Service Income Property”, written by James Kobzeff, the owner and developer of ProAPOD, was posted on ProAPOD’s real estate investment softwarewebsite on April 13, 2017.

The article shows real estate brokers, agents and investors seven ways that a quality software program can help them service investment real estate. For instance, never having to learn the various formulas required to compute property cash flows and rates of return because they are built-in to the software and compute automatically as you enter the property data.

Read the article…

So You Know

This 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…

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