Busy investors can throw out their cluttered spreadsheets and save themselves headaches and time with iiProperty.com, the new online real estate management tool.
iiProperty.com is a website designed to help get real estate investors and their investment properties organized. With the first level of membership free, and no need to download extra programs or add-ons to use iiProperty.com, it is simple for real estate investors to get started managing their properties.
iiProperty.com requires a monthly fee for more advanced forms of membership that increases with the number of properties investors wish to manage, topping out at 55 total units.
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Adding a property is as easy as typing a nickname for the property and entering the address. From there, the investor can edit the lease information for the property, including start and end dates, rent schedules and payments and any deposits that were made on the property. With this information, iiProperty.com automatically takes care of sometimes painstaking tasks, such as sending tenant notices for a small fee.
If a property is in need of tenants, iiProperty.com can assist as well. After creating one advertisement, an investor can, with a click of a button, send the ad off to several advertising sites—such as Craigslist, Google Base and Rentometer—from within the iiProperty interface. Investors can create their own advertisements with images, detailed descriptions and contact information; from there, iiProperty.com takes care of the legwork.
By posting ads or notifying individual tenants, among other things, iiProperty.com allows investors with multiple properties to get organized and save time.
iiProperty.com allows investors to order monthly cash flow reports and schedule e-tax report lists with annotations for their accountants. All income and expenses can be recorded on the site, so investors can see gains and losses from their investment properties. iiProperty.com also simplifies things by color coding properties in need of immediate attention red and those in good standing green.
iiProperty.com is a tool that can help investors stay on top of their properties with constant reminders and notices. While it still requires some energy on the part of the investor to keep their information current, it can eliminate some of the time-consuming tasks associated with property ownership.