Investment Property Manager 10 In Prerelease Now!

The next generation in property management software is here! IPM 10 has the stability and ease of use that IPM has been known for during its first thirty years, built with the most modern tools available. We're getting awesome feedback and great new ideas from prerelease users.  IPM 10 has been in prerelease since October 15, with full release to follow depending on feedback. Our goal is a strong release - not a premature one!  

If you'd like to get a prerelease of IPM 10, email here. FREE Download coming 11/24!

   IPM 10 Webinar - Click Here

This webinar was held live September 16, 2008. It's one hour long and includes a tour of IPM 10, a comparison to IPM 2007 and live questions from attendees.  It's presented in streaming Windows Media format. 

 

 

   DON'T PANIC!

These are working screens from IPM 10. They will continue to change until release, but the idea here is to give you a preview. It may look different than IPM 2007, but it's still IPM. For the latest look, see the webinar above.

We've heard that there should be "less to learn" and more information available without the clutter of some other applications.  We need to be more Windows-standard in the way we do things, and play nicely with other applications. Better sharing for multiple users, support for remote offices and sophisticated import/export are just part of the enhancements planned. 

We also want it to be a painless transition from IPM 2007. It's an evolution, not a revolution. We are aware of how important is it to make it keyboard-friendly and use your existing databases, but we're adding new "wizards" to make key functions easier to learn. It is a more powerful, modern program, so if you're still running Windows 95 or Windows 98 without an internet connection, this may not be the best solution for you. (Hint: we recommend XP or Vista, and keep in mind that a 2 gigahertz PC runs under $500 at this writing!)

In addition to tool tips, long file names, larger fields throughout and an even more stable database environment, it's designed for extensibility and ease of use. Better use of space means you won't have so many pop-up screens. More modern, consistent controls will make things easier, too - like a drop down for accounts that says "1100 - Cash In Bank", and a calendar picker for dates. We expect there will be LESS THAN HALF the screens to learn of IPM 2007 (our goal is under 30 versus 80+ in 2007). 

Perhaps the biggest change is the end of the End of Year Close! IPM 10 changes to the new fiscal year by just changing the posting date. (Under the covers, you will be able to "lock down" your previous year once you've completed your accounting adjustments - we're working with our consultants to ensure we comply with GAAP).  

Another major ground-up enhancement is the change from "static" GL totals to dynamic totals.  What that means is your transaction report will always match your GL. 

Please use the Forums to discuss what you want to see for IPM 10 and beyond, or email your wish list to technical.support@fullhousesoftware.com 

Note: new ideas will be added to our Enhancement Requests for future releases.

  Move-Out Wizard

Now the Move-Out Wizard handles partial payments, and makes the process simple, clean and fully informative.  Intuitive interface makes it almost impossible to make a mistake!

Click the image to enlarge. 

  Move-In Wizard

A new, simplified move-in wizard allows you to take applications, move in new tenants, and take deposits easily and intuitively. 

Click the image to enlarge. 

 

 

  Query

At the core of the new Ad-Hoc reporting feature (actually revived from our DOS version) is the Query. A SQL Query allows you to gather exactly the data you want to see.  Some of you may be familiar with the current release's query that supports up to 3 criteria; the new version has no limits, saves and restores queries and is robust enough to please a SQL guru, but easy enough for a novice. 

Click the image to enlarge. 

 

  Reconciliation

One of the most anticipated updates - a new, true, Bank Reconciliation screen.  Deposits, checks and other disbursements in one place, and just click on the item to see it's detail. Easy to understand, easy to use, and a major enhancement!

Click the image to enlarge. 

  Posting 

The new Posting screen is an example of all the "secondary" screens in the new IPM - more information, more control, and easy to understand.  Our philosophy here is to give you options, but to provide the best possible defaults. In IPM 2007, you get a message like "only checks dated in the current month with be posted"; in 2008, we'll show you what those are, and let you un-select ones you don't want to post at the moment.

Click the image to enlarge. 

 

  Receipts  

Receipts work the way they used to, but the screen is better organized and more consistent between Tenant/Member receipts, Short Term receipts, and Miscellaneous receipts.  Now IPM supports UNLIMITED C.A.M. Charges, and Sales Tax, too! Creating and editing or deleting receipts uses the same format, so there's less learning curve.

Click the image to enlarge. 

  Checks  

Ok, this isn't too original, but what can you do with a check? The major enhancements here include: vendors you can designate for a property, a checkbook or globally; unlimited number of items on a check; separate cash accounts for each item if you want (i.e., item one from your operating account, item two from your security deposit trust), and a new "tenant" check type.  Other enhancements include the ability to print a single check right from the check creation screen, and print previews.

Click the image to enlarge. 

 

  Properties

An easier, more complete way to access everything about your property! Include photos, attachments, a complete legal description, and more.  For HOAs/Condos, include ground plans and all association info including board of directors.

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   Tenants   

You asked to see multiple tenants at once, and we did heard you!  The new "tenant center" gives you the advantage of seeing all your active tenants in one place, without having a clutter of additional screens or lists. Additional fields for images, longer names, and true "first-middle-last" name format as a option (along with flags for couples and businesses) make the new IPM Tenant Center the best of breed!  Here's a view of the new, more complete Financial Tab.

Click the image to enlarge.

 

   Units 

More useful unit information - including a place for plans or photos.  Easy access to any unit in any property, or view only the units in the current property.  

Click the image to enlarge. 

  Ticklers

One of IPM's least-used features becomes a crucial tool to running your business! Ticklers are more integrated into the application, automatically reminding you about what you need to do. Use them to schedule your appointments, too.

Click the image to enlarge. 

   Checkbooks     

Gone are the two-letter Checkbook identifiers! Now checkbooks have real-world names, and all the options are together on one screen - including check register, charge/close status and posting status. Under the covers, there's a unique identifier, so you can change the name and description any time.  All the defaults for the checkbook are set up right here, too.

Click the image to enlarge. 

   Vendors 

More information, easier navigation, and no obtuse identifiers. Sort and search make it easy to find a particular vendor, and the status and private flags allow you to show just who you're working with. Change names and descriptions any time! The new Vendor Ledger gives you more information and control, and your fiscal and calendar year totals are always current.

Click the image to enlarge. 

 

   Accounts

Now with a truly hierarchical general ledger! Now you can easily have  "landscaping"  and "plants", "mulch", "consultants" and "maintenance" as sub-categories!  And of course, subtotals are only a click away. With the whole Account Structure at your fingertips, it's easier to navigate. Tabs for budget, history and transactions mean less screens to go through!  Now history is divided by quarters with subtotals, and adheres to your fiscal year - if your fiscal year starts in June, June-July-August can be your first quarter, or follow the calendar year - it's up to you!

Click the image to enlarge.