Does anyone have a suggestion for a asset management software for tracking the life of an asset from acquisition evaluation to its sale? I want to create and track capital budgets, store property data like sale price, loan terms, run property and portfolio calculations/analytics, etc - Asset mgmt stuff.
I currently work for a property management company using AppFolio, but the software is limited to PM functionality and is not tailored to Asset Mgmt.
Thanks in advance for any feedback you can provide!
Microsoft Excel is very powerful, customizable and easily does calculations.
Sorry i should have added more info on my original post. I have 300 scattered site properties and will likely have 1000 more in the next 3 years. I do not want to spend all day working in excel. I am looking for a software that i can plug in data, and the program will do the work for me.
Thank you for your question! Yardi Voyager has better infrastructure for more of an asset/portfolio/fund management perspective and it also has custom reporting features. I will say, the cost may be prohibitive if you do not own/operate at least several thousand units. I was preparing asset/portfolio analyses in Excel for close to 10,000 units before there was a Yardi implementation and data migration.
Please feel at liberty to reach out to me directly if you would like to discuss further. I wish you well!
Also check AscendixRE (USA) and REX (Netherlands) on Dynamics 365
@Gabe G. did you ever find a good asset management software? I'm in the middle of building my own but it's taking forever so I decided to try to do a quick search again to see if there is something good out there that is not too bulky on the property management side.