NEW: Article on Rental Property Evaluation

A new article on rental property evaluation that shows real estate investors and agents how to quickly and easily estimate a rental property’s value has been posted on the ProAPOD website entitled “2 Easy Ways to Quickly Estimate a Rental Property’s Value”.

The article explains the meaning and formulation for Gross Rent Multiplier and Capitalization Rate, and then shows how each can be used to compute an estimated value for any particular rental income property. Here’s an excerpt:

“Sometimes it helps to be able to calculate a rental income property’s estimated value just as a quick first-glance look to determine whether its in line with similar properties in the local market area…not to provide a true picture of a property’s profitability, but just to help decide whether or not it even comes close to being a good real estate investment opportunity”

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

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.

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…

The ‘One-Page’ Marketing Package

Once a real estate broker successfully obtains a listing to sell a rental income property, the next crucial event facing the broker is to get it sold. This is typically done using a marketing package that highlights all the important data related to the property so colleagues and potential real estate investors can preview it.

Though both of ProAPOD’s investing software solutions include a multi-page presentation typically referred to as an “Executive Summary”, they also include a one-page summary simply called the “Marketing Package” (illustrated below).

market package

The benefit of using this “one-page” marketing package is that it is very easy to distribute to colleagues at venues like real estate investing clubs. It provides more than enough property data for a real estate investor or agent to determine whether or not to pursue the property without having to carry a stack of multi-page reports.

So You Know

ProAPOD Agent 6 and Executive 10 real estate investing software solutions both create this one-page marketing package automatically…you simply enter the property data into the appropriate forms and print when you’re ready.

ProAPOD Changes Its Software Solutions’ Names

ProAPOD Real Estate Investment Software made some changes to it’s solutions.

  • Investor 8 is no longer available for purchase. After eight years, we decided to no longer market Investor 8 as one of our real estate investor software solutions. It does not affect any current users.
  • Analysis 10 has had its name changed to Executive 10. Still the same great real estate investing software it has been for the past ten years, just gave it a new name.
  • Analysis 6 has had its name changed to Agent 6. Still the same great real estate analysis software it has been since 2000, just gave it a new name.