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Review of Quicken Rental Property Manager
The big problem for Quicken users is that it is impossible to transfer the data from RPM to Quicken, so if you want a report on your Net Worth, you have to re-enter the data into Quicken. AND you can keep all the same information in Quicken just as well and not need to have a separate program at all.
If you aren't Excel proficient, I would suggest considering using Quicken - maybe the Home and Business version, which has a mileage feature in it, but Premier or deLuxe are OK too. You can save all your information in it, plus the rest of your financial data, such as mortgages, other investments, etc. All will be in one place and make year end reports very easy for tax purposes. Quicken has good reminder system in which you can schedule lease renewals, etc. And there is an address book you can use for your tenants, which is somewhat limited in content. However, the Home and Business version has a very complete "Customer" adddress book with very comprehensive entries, as well as space for notes you can enter at the end.
Current versions of Quicken at the upper end also allow you to scan and attach documents, so you could attache notices sent to tenants, etc.
FLEXO, I am still interested in the Quicken RPM until I can afford one of the other Quicken products that Valerie has informed me about. Then I will manually transfer the info over and allow someone else to make use of the RPM. Thank you again for this opportunity.
Thanks!
Thanks for the opportunity
M.D.
Bertha