were home runs and ultimately absorbed a full-time salaried employ- ee whose job it was to make sure the spreadsheets were working properly. Housefolios was their solution to this problem in their own business and now they’ve made it available for a low monthly subscription to anyone in the industry who is serious about ditching the spreadsheets. THE PLATFORM Housefolios Platform is designed to manage a single-family real estate focused business. It tackles 6 major
areas that were previously done all on spreadsheets or through sever- al different software packages that accomplish only part of the business leaving your very disconnected and not in control. SOURCING Finding deals can be a real chal- lenge. The founding team at Housefo- lios believes that even in the craziest markets there are deals to be had if you can find them. The extensive prop - erty search which includes nationwide MLS, some off-market, and the ability to upload your own property lists or add any US address will take a lot of the effort out of sourcing.
RENOVATION Once you buy a place, if your business includes renovation, easily manage renovation budgets, time- lines and store all relevant docu- ments inside Housefolios. It’s easy to see how well you estimate after a project is done and make the neces- sary adjustments to help your busi- ness get more and more accurate and increase your profits. ASSETMANAGEMENT If you decide to hold properties for any amount of time and rent them, asset management can be tricky. Most contract with a property management company and wait for monthly statements. Whether you do the accounting yourself or wait to get that monthly statement, record all of your data into Housefolios and it will continue to project future revenues for you while taking into account the actual data you are entering. This can help you in understanding the best time to refinance a loan, allow you to update the ARV using comps and data and even help you know when it’s time to sell. DISPOSITION And when it’s time to sell, House- folios can help with that as well. Our disposition platform with one click allows you to list properties on your own customized marketplace web site. Housefolios can also get you access to a large network of inves- tors looking for rental properties that may be interested in purchasing your properties. All of this happens for a small fee right inside the platform. So, are you ready to ditch the spreadsheets? Log on to housefolios.com/thinkrealty for a no-risk offer today. •
ANALYZING The real power behind your
spreadsheets is in the calculations that you know you need to be able to see, internalize and understand. Housefolios powerful analysis engine allows you to save assumptions and preferences, pull in data from vari- ous sources to help determine ARV, rent rates, renovation estimates and otherwise assist in the underwrit- ing process. Analyzing properties in Housefolios is so quick, most people can analzye up to 10X more proper- ties in the same amount of time. TRANSACTION Transaction management is anoth- er popular spreadsheet. Trying to figure out what stage your various deals are in can be a challenge. Get active statuses on every deal, count- downs to key dates and a repository for all the documents you will amass during this process is simple to man- age and even easier to teach some- one else to manage for you.
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