Lately I’ve been asking myself what the biggest problem facing Property Investors is. The answer? A growing portfolio!<\/p>\n
Why is this? Surely a growing portfolio is a good thing? Well, as your portfolio grows, your paperwork grows with it. I know people who are drowning under paperwork and struggling to keep it organised. I know what that’s like. I used to be one of them. That’s why I got into designing property management software<\/a>. I started investing back in 1999 and according to the results<\/a> of our recent analysis of 3 years of customer feedback, nothing much has changed! Paperwork is still the biggest problem for Landlords.<\/p>\n The top 5 concerns were:<\/p>\n 1. Increasing paperwork: <\/strong>keeping on top of bills and rental income<\/p>\n 2. Staying legal: <\/strong>keeping track of safety certificates and legal documents<\/p>\n 3. Good tenant management: <\/strong>making sure they get the information they need<\/p>\n 4. Income tax management: <\/strong>knowing what is due when<\/p>\n 5. Maintaining a positive cash flow: <\/strong>becoming harder with increasing property prices<\/p>\n In other words, exactly the same problems I had in 1999 and all the same reasons I got into designing property management software!<\/p>\n You can check out the results of my labours here<\/a>.<\/p>\n","protected":false},"excerpt":{"rendered":" Lately I’ve been asking myself what the biggest problem facing Property Investors is. The answer? A growing portfolio! Why is this? Surely a growing portfolio is a good thing? Well, as your portfolio grows, your paperwork grows with it. I … Continue reading