![]() Analyze ownership costsĪ rental property requires ongoing maintenance to keep the home safe and habitable for tenants. ![]() Logging data such as list price, price per square foot, neighborhood rating, and property taxes help you make an apples-to-apples comparison before writing up an offer. Compare potential investmentsĮach piece of real estate is different-even homes located within the same neighborhood. A spreadsheet can track potential acquisitions and locations. Remote real estate investors can pick and choose rental property to purchase in some of the top real estate markets in the country. Let’s begin by looking at some of the reasons why landlords use spreadsheets for rental property. Free online rental property software that automatically tracks income and expenses is a good alternative to manually entering data on a spreadsheet.īenefits of using a spreadsheet for rental property.Creating a rental property spreadsheet requires time and knowledge of how Excel works, but there are good options for downloading a free Excel spreadsheet.Many landlords create rental property spreadsheets in Excel to analyze potential investments, compare ownership costs, and monitor rental property financial performance.We’ll explain why landlords use rental property spreadsheets, then discuss creating a rental property spreadsheet and an easy and free way to keep track of all aspects of a rental property automatically. ![]() Generating recurring rental income, profiting from property appreciation over the long term, and receiving tax benefits are 3 of the many reasons for investing in rental property.Ī good landlord rental property Excel spreadsheet is a valuable tool for analyzing potential acquisitions, keeping track of tenant rent payments, and monitoring rental property financial performance.
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