Properite is a desktop PC landlord software package developed specifically for private landlords and letting agents. Properite is not only a management tool that helps to manage all the myriad of information associated with a rental portfolio, it generates all the necessary legal documents required to run a rental property successfully.
It is crammed full of features including an outlook-style diary, advertisement creation feature and sophisticated performance analysis tools. Properite performs all the necessary management functions from screening potential tenants to generating the information required to fill in your tax return.
Properite has been designed such that it can be used by anyone from the first-time buy-to-let landlord to the seasoned property professional. It even includes information to help ensure your property complies with the latest HMO and TDS regulations.
With the increasing demands put on landlords there is even more call than ever to have software that can help with the day to day running of a rental portfolio. To help manage this information a landlord could have separate spreadsheets and documents to manage the necessary information. However, there is a real danger that something important will fall between the gaps. Clearly, a product like Properite with its easy to use workflow helps manage an unlimited number of properties all in one place. Each property is managed within a property workspace, which contains all information about the property and its tenants. All information is stored on the user's hard drive.
Properite has control panels for each major function. For example, the Property Control Panel manages all information relating to your property, including rooms, inventory of contents, utility information, keylists, smoke detector reminders and valuations. The Tenant Control Panel has all information regarding Tenants, Guarantors and Referees. This control panel helps screen tenants and generate all the necessary legal agreements required to successfully run your property. All legal agreements have been drawn up by leading legal professionals. They are based on MS Word and allow you to fine tune the agreements to suit your needs. This means you do not have the additional expense of instructing a solicitor every time you want a brand new tenancy agreement.
At the heart of the property workspace is the cash-book. The cash-book keeps track of all expenditure and income. It handles regular transactions as well as one-off transactions. Within seconds you can work out your taxable income for any tax year. It also tells you quickly what the Capital Gains Tax implications would be if you sold your property. The performance analysis feature enables you to compare performance of all your properties instantly. You can investigate hypothetical scenarios like interest rate changes or rental income fluctuations. 3D graphs are generated to allow easy visualisation of profit and loss.
Properite also has many other exciting features, contacts, property history (for conflict resolution), a RSS newsreader to browse property news feeds and an extensive help system giving advice and information about letting out your property.
For a full tour - visit the website: www.properite.co.uk/tour.php
Put simply, Properite represents a time management tool for landlords that can help you save time and money. It has been designed specifically for the UK market with the latest Windows XP/Vista look and feel. Many have been impressed with the high production values of the product.