Why Serious Investors Use Real Estate Investment Software | Real estate

In this article we’ll consider why serious real estate investors–those who want to make the best return possible on their real estate investments–use real estate investment software to evaluate investment opportunities.
It’s fast. Good investment property analysis software makes it possible to analyze cash flows, rates of return, and profitability of rental properties in minutes. This enables investors to collect the data needed for decision-making quickly.
It’s precise. Good investment evaluation software makes accurate calculations for a wide-range of returns and measures deemed crucial to sound real estate analysis. The last thing analysts should have to worry about is faulty math.
The reports are informative. Good real estate investment software creates professional-quality reports investors can confidently pass on to colleagues, partners, and lenders.
It knows what data is required. Good rental property software includes forms specially designed to gather the appropriate facts and figures about a property. This is particularly helpful to investors with little or no real estate analysis experience because they just fill in the forms and print.
It keeps the seller’s data honest. Investors who have the ability to run the numbers themselves prevent anyone from making an unrealistic presentation of the property and perhaps “slipping one” by.
It’s inexpensive. Good realestate investment software does not have to cost an arm and a leg. Anyone can create top-notch real estate analysis presentations forever for just a few hundred dollars.
Okay, now let’s consider the alternative.
You can create your own spreadsheet. Excel makes it possible for anyone to mimic investing software solutions. But it takes time (lots of time) to develop the reports and calculations provided in good real estate investment software. You should ask yourself whether you are inept enough about real estate investing and Excel before you get started. Plus, remember that your goal is make a profit on investment properties and not to shave a few bucks off your analysis presentations.
You can rely on rules of thumb. It’s easy to calculate a property’s cap rate or gross rent multiplier. But what about cash-on-cash return, cash flow after tax, internal rate of return, and mortgage amortization? Bear in mind that you are planning to make a huge property investment, so you should rely on something more meaningful than on simple calculations you can do in your head.
You can accept the seller’s data. But it’s never a good idea to accept property data point blank because it leaves too much room for others to embellish reality. You should always be prepared to verify the numbers you are presented about any investment opportunity to be sure that they comply with your real estate investing plan.
Once you’re ready to invest in good real estate investment software you’ve got to know what to look for. So here are a few suggestions.
Foremost, be sure that the software is user-friendly–that you know what to do from the moment you open it. If not, be sure you have a number you can call for tech support.
Preview the reports. Are they easy to read? Do they contain all the crucial returns you will need (or desire) to make an intelligent investment decision? Are they professional quality?
Consider what rates of return you desire. For example, are you interested only in suitable returns calculated without consideration for the elements of tax shelter, or would you prefer full consideration of tax shelter? If so, then look for real estate investment software that includes calculations for things such as depreciation, mortgage interest, amortization of loan points, and cash flow after tax.
Would you like both analysis and marketing presentations? If so, then look for a software solution that will create an Executive Summary or Marketing Package in addition to an APOD, Proforma Income Statement, and Rent Roll.
You get the idea.The important thing is to realize that real estate investing is a business and real estate investment software is a tool that will help you to grow that business wisely. And in the same way that serious investors have come to rely on good real estate investment software to help them make smart investment property decisions, so should you.

10 Travel Tips for a Healthier Experience | Travel vacation

You have dreamed about it. You have planned it and now your vacation is getting closer and closer. You can taste the ocean air or feel the bright reflection off the perfect powder on the best snow day of the year. You can see the rain forest that you’ve only seen in pictures or feel the gentle sway of the ship. Or even better, there’s a hot home cooked meal waiting for you. Whatever awaits you in your vacation paradise here are 10 easy to follow travel tips to assist you in your before and during exploits.Before you pack and hear the call “All Aboard” follow these tips and make the journey and arrival easier, healthier and fit.1. Start your trip fit- No matter where you are going most of the time you are bound to be walking more and taking on different adventures than your day to day life. With that in mind get fit before your trip so that your adventures are easier to complete and you aren’t the one holding everyone else back. There’s nothing worse than getting to your dream destination and you can’t go the last bit because you’ve totally lost all energy. Or there are no elevators and you just can’t do one more stair. Or one problem you may have is the family wants one excursion and it is the one you know you can not complete.Six months or more prior to departure start a workout journey to make your play journey a breeze. Walk every day and keep increasing your mileage. Join a gym or create weights at home. Fill gallon jugs with water and lift it and curl it.. One gallon of water is equivalent to 10 pounds. Pack your suitcase with the equivalent of what it may weigh on your trip and practice moving with it, carrying it, lifting it up to table height and back down and lifting it overhead (airplane overhead bins). Move and bend and squat and be the fittest going into your vacation so that the vacation is a simple joy.2. Travel with Snacks- While some airports are getting better food and snack options, most are still lacking in this area. So instead of making bad snack choices take your own healthy travel snacks to avoid the airport/airplane fast foods. Not only will you be eating healthier you’ll also be saving money since most airport convenience foods are pricey. Nuts and snack bars slip easily in bags and cause no issues with airport security.3. Book it wisely- When traveling and staying in a hotel you have many options. Look for a hotel with a gym or kitchenette. Hotel gyms range any where from a few pieces of cardio equipment to a full on gym with cardio, machine weights and free weights. So ask or look over the amenities prior to booking that room. A few extra dollars for a hotel with a full gym will be worth every penny.Also look for a room with a kitchenette or access to a kitchen. You may think, “I don’t want to cook on vacation” but I personally can only eat out so often before I want to cook what I’m eating and know what’s going into my food. Most of the time a room with a kitchenette will cost a little more but when you compare that to the expense of eating out,one meal in will cover that cost. Plus, how hard is it to prepare breakfast in your kitchen versus a brunch costing $15 plus per person. The kitchens are usually stocked with the essentials and consider it a bonus when it has a dishwasher. Washing dishes is not on my vacation plan.Vacations are meant to be rejuvenating and uplifting. Once your on the journey here are some tips to keep you on track.4. Most believe vacationing equals freedom from exercise and freedom to eat and drink everything and anything. Traveling/vacationing is not an excuse to ignore what you know you’ll only regret later. Different experts out there state to keep up with any where from one third to one half of your regular workout regimen. But I ask why reduce? Why not complete your regular fitness regimen? You are being too easy on yourself and opening up the possibility of getting out of your routine so that when you return to regular life it’s hard to get back on track. By keeping up with your fitness on vacation you’ll be right on track when you return home.5. Walk it, ride on it, climb it and move it. Don’t ride in it. Instead of the taxi, walk to your destination or rent a bike and bike around your vacation get away. Instead of taking the elevator, take the stairs. Move your body the “old fashioned” way and your body, the human machine, will ride smoother and longer. By walking, riding the bike and climbing the stairs you will be strengthening your entire body.6. Avoid appetizers, breads and chips before the meal arrives. Yes, I said it. No more bread or chips while you wait for your entrée. No more appetizers before the entrée. Each are a carboholics dream and each provide a poor substitute for a good fuel for the body. If you want a single piece of bread or let’s say 10 chips, have it with your entrée. All you have to do is ask the wait staff to take the bread or chips away or simply not to bring it at all. Otherwise you will fill up on the pre meal food and not consume the fuel (protein, good carbs and good fats) your body will be provided from the good entrée selection you choose.7. I can’t believe I ate/drank the whole thing. Just like during the holidays, many binge eat and drink on vacations. Refrain from the temptation of the 32 ounce anything or the 6 lb lobster or the “largest drink on the island”. Just because they have it doesn’t mean you have to consume it. Portion control is just as important on vacation as it is at home. Fuel your body with calories from food and not all the calories in mixed drinks. Basically, if it has an umbrella in it, stay away.8. Plan your splurge. Okay there’s only so much good one can accomplish before one will go crazy if one doesn’t splurge. Plan your splurge. You plan big purchases like a car, a home and other big ticket items. So do the same for your splurge meal. Splurge on quality food not fast food. Not cheap beer or wine. Make it worth every yummy calorie and then sit back and smile because you know it was worth it. No guilt. No regret. Just pure joy because you earned it. Food is meant to be enjoyed but if it’s bad food then it’s hard to enjoy it. Eat just enough so you don’t feel bloated or have to undo the top button of your pants. Oh, and no elastic waist bands.9. Fast food is not the best food. Really, does this need to be explained? Fast food is the lowest on the “food chain” of food options out there. It may fill the empty pit of your stomach but it doesn’t fuel your body. It works only short term and not long term. Short term to stop the hunger but what your body needs is long term fuel to move you, enable you, and create a stronger you. Yes, sometimes there are healthier options of fast food. But when you compare it to the fried food selection, the meats with 50% plus in fillers and the breads that do nothing for you, of course there are healthier options.10. Fitness on the go. The great thing about exercise is that you can do it any where and with no equipment. You can do squats and lunges in line at an amusement park or on the beach. You can lift your child up and over your head and back down again. They think it’s a game but for you it’s work. You can walk faster from point A to point B and make it a workout. If you have access to a gym then take advantage of it and complete a full body work out each time just in case you don’t get to the gym as often as you would want. If you don’t have gym access then pack an exercise band in your luggage and the exercise band will allow you to complete a full body workout. You can also do these 3 exercises:1. Push ups- complete 3 sets of 15 to 20 standard push ups or knee push ups. If you are beginning, place your hands on the dresser top and do push ups from the higher angle. They are not as intense but you are building strength and endurance.
2. Stand up, sit down- Use anything to sit down on (preferably not on wheels so it doesn’t roll away). Place your heels directly under your knees. Hands in front of you or beginners on the tops of your legs. Stand up then sit down. Stand and sit without swooping up or down and no dropping fast. Complete 3 sets of 15 to 20. Once you progress past stand up, sit down complete the same sets as full squats (no chair required).
3. Lunges- You’ll want to be careful here if your knees “talk” to you. Step forward with one foot and lower your back knee towards the floor. Your front knee should never go past your front toe. In fact, it’s best right over the heel. Lower the back knee to almost touching the floor and back up, stepping back beside your other stationary foot. Repeat on one side or alternate. Again 3 sets of 15 to 20 on each leg.These 3 exercises incorporate a multitude of muscles and will keep you on track for when you return to your normal work out schedule.To recap, plan ahead so you can have a great time on vacation while eating wiser and staying fit. Find accommodations with a gym or kitchenette. Staying on track with your fitness and food during vacation will make returning home a breeze. You won’t feel the need to go on a strict diet just to lose the 5 or 10 pounds you gained while on the trip. In fact, you may find that you lost weight on vacation. Indulge but don’t abandon your healthy life habits. Have fun and relax while taking in the sites and the events around you and know that you can and should taste most but just don’t eat it all. Wherever you go, whatever you do bring home the memories and the good times you had. Once you get home get back in gear and start planning the next get away.