Investment Detective is designed specifically for analysing pre and post purchase and comparing both together. ID can also be used to track your properties performance on an ongoing basis, comparing your history over multiple years.

ID is all about number crunching and includes lots of unique formulas that Steve have developed after many…[Read more]

Have you had a look at Investment Detective, all the details are available in the store, or just follow the link below.
Its designed to evaluate and track your property portfolios.

Regards

Philip Batey

Investment Detective
The best way to crunch the numbers and manage your portfolios
https://www.propertyinvesting.com/resources/24.html

My first stop would be the local realestate agents, tell them your interest and can they find out who the owner is, get them to do the work for you.

Next stop would be either a solicitor to do a title search or you can go directly to the lands department and do it yourself. Not sure how much information you can get, but it could provide the…[Read more]

Sorry you didn’t have a good experience with ID, I have worked hard to create a program for the widest range of users, I don’t recall getting an email from you about your problems. I would love to hear about the issues you had as every problem I hear about helps me make ID better.

Also, if you are that unhappy with ID, please feel free…[Read more]

You’re spot on with the description, it is also a good idea to do a budget at the begining of every year you own the property to compare with the actuals during and at the end of the year. Its a good way to double check your due dilligence process. If you get differences between the budget and actuals, you are in a position to ask why the…[Read more]

Investment Detective is designed to help evaluate and track investment properties, sounds like it might do the job.

You can check it out at https://www.propertyinvesting.com/resources/24.html

There has also been a recent update to the software that adds many new reports and the ability to share property details with other ID users.

Hope…[Read more]

The tax benefit for a property is best calculated by your accountant as arriving at the final figure is very complex. ID does not estimate this figure because it could never be accurate and this would be misleading. I know there are other packages that estimate this figure but it is only and estimate and may lead to nasty surprises later if…[Read more]

I have posted a reply to your question in the Help Needed forum.

Quicken and MYOB are excelent accounting packages, but I would rather spend my time doing other things, besides, thats what I pay my accountnat for, I can just give them a full list of all the expences detailed in ID exported to an excel spread sheet and they do the…[Read more]

The tracking options of ID have been improved significantly since the demo video was made. Each expense can be entered with date, description and notes.
These figures can then be exported to excel or printed.
At the end of the year you can roll over the figures for the year so you can have all your history at your fingertips. You can…[Read more]

You could check out Investment Detective in the Online Shop, lots of info and is designed to do all the calculations for you.

Regards

Philip Batey

Investment Detective
The best way to crunch the numbers and manage your portfolios
https://www.propertyinvesting.com/resources/24.html

Have a look at Investment Detective in the online shop. It is capable of evaluating potential properties and portfolios as well as tracking your existing properties. It does all the number crunching for you.

Regards

Philip Batey

Investment Detective
The best way to crunch the numbers and manage your…[Read more]

You could also check out Investment Detective for your property management needs, https://www.propertyinvesting.com/resources/24.html

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

The property data files are stored in “C:Program FilesProperty InvestingInvestment Detectivedata” and have the extension “.xml”
You can copy these files between each computer, the only data not stored in these files are the images, these are stored in “C:Program FilesProperty InvestingInvestment Detectiveimages” and you will need to copy…[Read more]

Speaking to the council is an important first step, but they are not going to help you, just tell you what they think you can and cant do. You need to go and see an independant town planner, some one who knows the local council regs back the front and how to work through the rules and loop holes to your advantage.

As far as putting in…[Read more]

The principal payments should only have an effect when P&I is selected, the latest version fixes this bug, also it only effects the “Net Profit” not the cash flow.

You were sent an email that had your license key in it and this also contains the download location for Investment Detective wher you can get the latest version,…[Read more]

I have replyed to you directly regarding the updates.

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

To change your screen resolution, right click on the desktop and then select properties. A window will open, select the Settings tab and you will see a slider that may allow you to change your screen resolution, (depends on your monitor). Slide it to the right until you see the resolution reach the required size and then click ok. You may see…[Read more]

Investment Detective supports multiple portfolios and you need to select a portfolio to add a property to first.

When ID is installed for the first time there is a default portfolio called “Properties”, click on this tab and you will be able to add a new property.

Hope this helps

Regards

Philip Batey
JATPAC Designs

Author of…[Read more]

ID uses a standard repayment calculation that you would find typically in excel or any other financial calculator. Most banks have very unique formula’s that they use to determine the actual repayment, you can set the repayment in ID manually by un-checking the “Always Calculate Repayment” and entering the repayment the bank has cal…[Read more]

Right now there are no emails for new versions, if you keep an eye on the ID download page it will be updated occasionally.

I am hoping to introduce an automatic update check in a future version that will alert users to a new release.

Thanks

Phil

I have replyed to your email to detective@propertyinvesting.com and you may download the updated version of ID at your leasure.

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

Yes there has been an update; the current version is 1.1.0, to get the latest follow the link in license key email to return to the download site and follow the instructions.

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

Thanks for the feedback, I will be looking at adding an automatic check for new versions to one of the next updates.

Thanks

Philip Batey
JATPAC Designs

Author of Investment Detective

Have replyed to your original e-mail to me.

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

When you purchase ID an email is sent out with the users registration key, if you cannot find this e-mail drop me a line, detective@propertyinvesting.com with your purchase details and I will resend it for you.

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

You can return to the download link provided in the registration e-mail that has your license key. If you need it again, drop me an e-mail at detective@propertyinvesting.com and I will send it through.

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

A capital cost is one that can be depreciated, any other cost that cannot may fall under maintenance, to figure this out in more detail you will need to speak to your accountant.

Gross Equity- the current equity position of the property.
Is this the equity in the property Ive…[Read more]

The latest version is 1.1.0 and fixes several small bugs, and adds many new features.

I will post a list in an update announcement soon.

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

Phil

E-Mail sent.

Phil

The figures in ID are based on the calculation mode that has been set, there is a drop down list on the toolbar that allows you to select Weekly through to Annually.
The figures will updated based on this setting.

The bubble bug has been fixed, you can return to the download page and get the latest version. If you don’t have the link drop…[Read more]

I have included your questions and answered them inline.

1. Estimated Market Value- my understanding is simply what the property is valued at?
Yes

2. Capital Appreciation- my understanding is I have to work out how much the property will increase over a year? (do you have any suggestions in how I could work this out? CPI?)
This…[Read more]

The latest version of ID now supports the entry of individual actual items, so you can keep track of each amount with date, description and notes.

This only applies to the actual entries.

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

ID has a rollover feature; this essentially locks away your figures in a history so you can keep track of your investment.

You can do this just as easily when evaluating a property, just enter each year’s figures and roll them over into past years, just make sure you roll each set of figures into a new year, and then you can comp…[Read more]

Steve and Dave are hard working and overwhelmingly generous business men, if there is one key thing I have learnt from them is that its not about the money, they both have the means to stop working but what whould they do with them selves.

I came to the same realisation and when I get into a position of not needing to work anymore…[Read more]

I believe the current limit is under 450,000 in QLD, the new version of ID that will be out shortly takes this into account.

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

There is only one field for rental income on the budget page, if you calculate the expected rental income for the year and then divide by 52, (if you click tha calculator button next to the field it will help you do this) that will give the average weekly rental income.

Hope this helps

Regards

Philip Batey
JATPAC Designs

Author of…[Read more]

The loss in the net cash flow is your out of pocket loss(if the figure is negative), when you include depreciation as a cost, then the net profit is further reduced giving you the figures you are seeing. The net profit is your net cash flow + capital costs – depreciation. To get a handle on what you can claim as a tax benefit you need to seek…[Read more]

Below is a description of the 11 Second rule from the help in ID, you can press F1 from almost anywhere to get information about the ID feature you are using at the time.

The basic calculation for the 11 Second rule is (PROPERTY COST / 1000) * 2, this will give the minimum rent required to return a positive cash flow.

Equally, (RENT…[Read more]

I am only guessing but are you entering the figures with formatting eg. $100,000

If you are then this is the problem, you only need to enter the figures as numbers without the formatting eg. 100000 and ID will do the rest for you.

Hope this helps

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

Thanks for the feedback, I would like to know a bit more about your problem with Excel, if you can recall what you were doing and maybe the error message I would love to hear from you.

You can drop me a line at detective@propertyinvesting.com if you like.

Many thanks

Philip Batey
JATPAC Designs

Author of Investment Detective

At the moment my plan is to have a beta ready by August, but that could change.

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

The two loan options, loan and equity, are just different loan options that allow you to split the finance across two different loan settings if needed.

The principal figure is the principal payments paid for that period of the loan, a bug has been fixed for the next release where principal payments still show even if interest only is…[Read more]

If you would like some help, feel free to post your questions here or drop me a line at detective@propertyinvesting.com, I am more than happy to help.

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

ID is designed to be country neutral, and as such country specific calculations like taxation are not included, as well as the only way to get your tax position is to see your accountant, there are just too many factors to do it accuratly any other way.

Also integrating tax law for all the countries ID is used in would be an impossible…[Read more]

The figures here do not quite add up, if you have a cash needed figure of 99139.80 then you have entered the deposit and balance as cash options, but you say you have a loan of 71200 (the balance), this could only be if you have entered that amount in the closing costs as well and allocated it to loan. It looks like the balance has been…[Read more]

If you have lost the link to download ID, then you can send an e-mail to detective@propertyinvesting.com and I will conform your details and send you the download link

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

Legal questions should really be answered by a licensed professional, sorry I can’t help.

ID is not designed to calculate the numbers for a renovation, it’s primary feature is to evaluate and track cash flow investment properties.

I have in mind a new calcualtor for doing the whole reno evaluation and tracking, however it is quite a way…[Read more]

Goto Options then Preferences and set the “Financial Year Start”

Regards

Philip Batey
JATPAC Designs

Author of Investment Detective

Principal payments is the amount repayed of the principal for the period. There is a bug, (fixed for the next release), that still shows an amount for principal payments on the budget page even if Interest Only is selected.

You do not need to resize the left panel as doing so will not reveal any more information.

Regards

Philip…[Read more]