The popularity of investing in buy-to-let properties has never been greater. But managing just one property can create a great deal of administrative work. This is where Properite Landlord Software steps in, giving you the tools to handle all the paperwork and financial tasks associated with managing property.

Considering that the cost of using a lettings agency can run into hundreds of pounds a year, at just £100 Properite seems cheap. But can this piece of software really take the place of a management company?

Clearly it can't take all the hard work out of letting, but it does include the basics you need to get started. Properite will help generate all the necessary documents, such as a Tenancy Agreement and Holding Deposit Agreement.

By entering details relating to your property (or an unlimited number of properties), Properite helps you to keep track of your portfolio. And you can tailor the amount of detail you want to include, from the basics such as the number of rooms and purchase cost, up to images of specific rooms.

A diary feature allows you to record all appointments, while a cashbook allows you to track all incoming and outgoing, regular or one-off, finances. A performance graph monitors how much you are earning on each property.

The interface mimics Windows, which makes it easy to work with. And there are plenty of wizards to guide you through each task. However, some features are a little unintuitive - when we created a new property, for instance, it didn't automatically appear onscreen and we had to click on the Start page button to view it.

Properite Landlord Software Premium Edition: Specs

  • 1.7GHz Intel Pentium or AMD Athlon processor
  • Microsoft Windows XP SP2
  • 128MB RAM
  • 25MB hard disk space
  • 1.7GHz Intel Pentium or AMD Athlon processor
  • Microsoft Windows XP SP2
  • 128MB RAM
  • 25MB hard disk space

OUR VERDICT

While software can't take all the hard work out of property management, it's certainly a useful tool. However, software is no substitute for expert advice - novice investors beware.

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