Is it really necessary to use software when I invest in property? Most property investors do not use software, but then, most property investors are not wildly successful either. To buy one or two houses as an investment and to make the calculations yourself is very easy. However, I often see that people with small portfolios stagnate. They think they have reached their limit in terms of affordability and available time. Then they discover software, and suddenly there is no stopping them. The sky is the limit.

In all businesses computers and software serve to make life a lot more comfortable. Businessmen use custom built software to help them to make thorough analyses and projections, guiding them to make the right business decisions. Property investment is a business and should be approached like one in order to get the maximum returns.

What are the important factors that influence the decisions of a property investor? To mention only a few there are bond payments, capital growth, rental income, expenses and more. It would be easy to monitor these variables if we lived in a world where nothing changes. But what happens if the interest rate goes up or I lose my tenant or the capital value of the property decreases? Or if some of these things happen at the same time? Do I plan for it or will I deal with it when the situation arises? (That might be too late). Am I aware of the capital growth of my investment and the possibility of using that to expand my portfolio? In other words, do I know how to implement safe and profitable refinancing in order to enjoy the fruits of my labor in my own lifetime?