![]() However, we decided it just wasn’t fair to pit property management software against rental property accounting software. Normally, our comparison blogs feature RentRedi and other rental software. We wanted to do a little research & comparison for you! Effective gross rental income is the difference between the gross annual rent and vacancy/credit loss. ![]() ![]() Vacancy/credit loss is the amount of potential rental income when the property is vacant (normally estimated at 5 of the gross annual rental income). Not only to manage their expenses, but one built specifically for rental properties to easily and efficiently manage bookkeeping, and well… Gross annual rental income is the amount that could be collected based on 100 occupancy. Furthermore, it assists you to enlist the record of properties. With the help of this template, a real estate company can easily handle up to 50 properties. ![]() It keeps the records of your property and rent collection with various reports. However, we’ve been hearing a LOT lately from landlords trying to find accounting software. The rental property management template is a document in MS Excel in different formats. Rental property accounting software comparisons? This is not a regular RentRedi vs (Insert Competitor Here) blog. Whoa, whoa, whoa! I know what you’re thinking. ![]()
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