ProAPOD real estate investing software solution Executive 10 has been updated to correct several issues brought to my attention recently by a customer. If you are currently using this real estate analysis software solution you can update at any time simply by logging into your account and installing the download under Updates. Here’s what we fixed.
1. The rent scenarios report had the wrong formatting on two of the line items for gross rent multiplier and debt coverage ratio. This was causing the report (not the form, the form was displaying the correct format) to display the gross rent multiplier and debt coverage ratio as percentages rather than as simple numbers with a decimal point. For example, rather than displaying the results as, say, something like 6.25 or 1.15, the report was displaying 625% and 115%. These are now corrected to display simple numbers rather than percentages. All of the other figures in the rent scenarios report were correctly formatted and didn’t require fixing.
2. The executive summary was displaying the parking ratio by carrying out the figure with too many numbers to the right of the decimal point. For example, rather than showing the parking ratio per unit as simply something like 2.55 it was displaying something like 2.55xxxxxxxx. This was probably not the case for all calculations of the ratio but it was fixed to prevent the number from ever again extending beyond two decimal points.
We are sorry for the inconvenience. At the same, however, we encourage you to always report issues like these you might discover so we can fix them immediately. Thank you for choosing ProAPOD real estate investing software.
