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Average Ratings 0 Ratings

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Description

All-in-one Rental and Sales Property Management and Accounting Software Real estate agents with small to large portfolios Our team of dedicated professionals has been providing a positive and unique property-software experience since 2004, giving our clients an edge on the real estate and property markets. PropWorx is a leading provider of rental and accounting software to property investors and real estate companies in Africa. Our property management tools allow you to manage your entire property portfolio. *Manage Sales and Rental Portfolios *Monthly Tenant Declaration Processing *Distribute Tenant & Owner Statements *Owner and Tenant Online Portals *Rental Escalations *Customizable Reporting Systems *Full Maintenance Management *Inspection Reminders & Management System *Manage arrear debtors and legal files *Bulk SMS and email This product is specifically designed for Trust Account Management

Description

Rental agreements are secured through leave and license contracts that typically include a lock-in period ranging from three to five years. The responsibility for furnishing and fit-outs of the spaces falls on the tenant, which helps create a strong connection between the tenant and the property. A security deposit equivalent to at least six months of rent acts as a safety net, allowing landlords time to re-lease the property in case of an early termination. This investment opportunity stands out as a unique way to diversify a portfolio that primarily consists of conventional equity and debt instruments. Careful selection of micro-markets, based on an analysis of supply and demand trends, will enhance the potential for capital growth. Additionally, rental rates are contractually set to increase by 15% every three years, providing an opportunity for improved returns on grade A commercial properties. Importantly, no further capital expenditures are required for these assets, ensuring a straightforward ownership experience. Furthermore, there are no hidden costs associated with owning a pre-leased property, offering clarity and transparency for investors. The ownership of tangible assets like these offers a level of downside protection that is often lacking in other investment classes. Ultimately, investing in such properties not only ensures predictable income but also aligns with long-term financial growth strategies.

API Access

Has API

API Access

Has API

Screenshots View All

Screenshots View All

Integrations

No details available.

Integrations

No details available.

Pricing Details

$50/month/user
Free Trial
Free Version

Pricing Details

No price information available.
Free Trial
Free Version

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Deployment

Web-Based
On-Premises
iPhone App
iPad App
Android App
Windows
Mac
Linux
Chromebook

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Customer Support

Business Hours
Live Rep (24/7)
Online Support

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Types of Training

Training Docs
Webinars
Live Training (Online)
In Person

Vendor Details

Company Name

Code X Creations

Founded

2004

Country

South Africa

Website

www.propworx.co.za

Vendor Details

Company Name

hBits

Founded

2018

Country

India

Website

hbits.co

Product Features

Real Estate Property Management

Billing & Invoicing
Commercial Properties
Contact Management
Credit Check
Expense Management
Insurance Management
Landlord Database
Late Fee Calculation
Lease Management
Maintenance Management
Owner Portal
Payment Processing
Portfolio Management
Rent Tracking
Residential Properties
Tax Management
Tenant Database
Tenant Portal
Vacancy Tracking
Website Management

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