What is Real Estate Investing Software?

Real Estate Investing Software

Real Estate Investing Software is a cool Microsoft Excel template that makes it super easy to estimate the value of any house, building, or property. This tool helps you figure out the market price based on how much the property is really worth and what repairs might cost.

Easy to Use and Familiar

This software is simple to use! You can open it right in Microsoft Excel, so you’re working in a space that feels comfortable. It acts like an Excel workbook with different tabs for each function, which keeps everything organized.

Dashboard Overview

The Dashboard is pretty neat because it shows a breakdown of renovation costs and gives you instant updates when you make changes about repairs. You’ll see charts that clearly show the percentage of each category in the final price. These categories include design/permit costs, site preparations, general construction expenses, equipment needs, and mechanical and electrical repairs.

The Checklist for Success

The Checklist tab helps you manage four key stages to successfully list any property on the market: preparation, price calculation, making an offer, and closing the deal. It’s like having a roadmap!

Estimate Your Renovation Costs

With the Estimate tab, you can add up all your renovation costs. Think of everything from design and permits to demolition and earthwork. Don’t forget about essentials like plumbing, electrical work, roofing, flooring, appliances—pretty much anything you'd need!

Project Timeline Management

This software also lets you calculate how long your renovation project will take. Just enter how many days each task will take and let it do the math for you! You’ll even get a visual timeline chart to keep track of everything. Plus, it helps calculate side costs like insurance or taxes that you'll need to factor into your final price.

How Download Works

Go to the Softpas website, press the 'Downloads' button, and pick the app you want to download and install—easy and fast!