Investor · Ottawa, Ontario · Member since 2017 · 35 posts · 16 votes
Looking for a program or system where I can input all my yearly numbers (expenses/income) for each property that will demonstrate how well a property is performing.
Ideally would like something that is easy to understand, and visually appealing.
Would like to create something simple,!yet useful and practical that I can bring to potential investors, and make a pitch.
Our potential JV partners will be friends and family- they aren't as well versed in real estate investments- so will need something relatively easy to understand.
How does everyone else compile all their property performances into one document or portfolio?
If you cannot find an Excel spreadsheet template you like, you can always create one of your own if you're willing to learn Excel. If you don't want to pay for Excel, look into the free Apache OpenOffice, which includes a spreadsheet program.
@Roger Steciak Tellusapp.com! Excel is great but doesn’t automatically create the diagrams for you. The Tellus app has a finances tab that shows me my monthly cash flow and there’s also a cash flow that gets generated automatically per property, even per unit. But best of all, the company lets you download and export your data anytime so you can still work with your data or share it however you wish. I like it as an app because I can input from anywhere and also take photos of receipts and have them linked to the financial records.