QUESTION: What softwear is recommended? - Posted by Bob Wengel

Posted by The Lips in LV on December 08, 1998 at 11:32:53:

Great question!!I need the same thing. Maybe Bronchick or Piper could recommend something

QUESTION: What softwear is recommended? - Posted by Bob Wengel

Posted by Bob Wengel on December 04, 1998 at 11:25:35:

I purchase real estate properties both by assuming existing mortgages and by purchasing by contract for sale. I then resell the properties by contract for sale to my buyers. I have positive cash flow from month one (the difference between payments made to me by my buyers and payments that I am obligated to make to the lender). I sometimes contract with my buyers to make principle reduction payments 1-2 years into the loan. I use updated versions of WORD, EXCEL & QUICKEN.

My question is: What type of computor softwear is recommended to manage my properties for the following catagories:

  • Monthly Payments

  • Ammortization Schedules both for me and my buyers

  • Impound Accounts

  • Tracking Principle Reduction Payments and Balloon Payments

  • Address Labels for mailings

  • Reports

Bob Wengel, Las Vegas, NV