Keeping track of your rental income and expenses doesn’t have to be difficult or time consuming when you use the right software. If you are trying to do this with pencil and paper or a spreadsheet you may think you are saving money, but the extra time and potential for errors makes this questionable. 

There are many types of software available. You can pay a monthly fee for online software or buy one that does not require an Internet connection for a one time charge. Some rental property software companies even provide you with updates and customer support for no extra charge.

By using rental property management software you will be able to produce receipts and notices with just a few clicks of your mouse and to record all your expenses – categorized and ready to give to your accountant – easily and effortlessly. 

Beware of using Quickbooks or other traditional accounting software which is designed for accountants and does not have the property management features you need. Features to look for are rent receipts, tenant notices, leases, income and expense reports, work orders, schedules, contact management and form letters

In my (not so humble) opinion, SpiritWorks Software offers the best rental management software for anyone who does not need multiple user capability. This free trial desktop software for Mac and Windows has all the features you need (plus some that are unique to our software) for a very reasonable price. Great technical support and updates are included for no additional charge. Please call or write for more information about our “accounting software for the rest of us”.

This entry was posted on May 30, 2011 at 1:45 PM. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.

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