E - Newsletter
Property Management Solutions since 1978


Volume II,  Number 2
Published occasionally 
by FullHouse Software, Inc.
August 1, 2008
5415 Lake Howell Road, Suite 207
Winter Park, FL 32792
technical.support@fullhousesoftware.com

Welcome!
This edition marks the 30th anniversary of IPM. We're celebrating the past with an article about the origins of Realty Automation, and we're looking to the future with the prerelease webinar of IPM 10.0

Just as an aside, if you just can't get enough news about IPM and FullHouse, read the president's letter (in the About Us section of the website). It's updated monthly and has candid observations and rants. 

Consulting!
Your company's changed.  You're carrying a lot of properties you don't have any more, or even checkbooks.  You know you should split your data into two checkbooks, or two databases. There are all sorts of challenges with your data you've been putting off for years, or just didn't know how to address. Now there's a solution.

Due to popular demand, FullHouse Software now offers professional Database Consulting services.  We can split databases, remove obsolete properties, units and tenants, and generally streamline your IPM operations.  Each project will be detailed in a comprehensive consulting plan to ensure that we know exactly what you want, and you get what you expect, at a price you can afford.

As part of this service, we offer a FREE database analysis. We'll review your data, make recommendations, and even talk about your backup and disaster recovery plans.  Contact us today for this FREE analysis, and see what we can do you!

For more information, visit our training and consulting page  or email your questions or requests to training@fullhousesoftware.com

IPM 2007 forever?
Everyone currently on our Maintenance Plan will get IPM 10.0 when it's release at no cost, just as you get all our program updates. Most IPM users will be very happy with this amazing value. 

However, we recognize that some IPM users are entirely happy with IPM 2007 and don't want to be forced into making the change to IPM 10.0 and beyond.  This presents a quandary for us; we want to provide everyone with the latest and greatest software possible, but we don't want to force our users into something they don't want.  

To that end, once IPM 10.0 is released, we will offer a "Legacy Maintenance Plan" for users of IPM 2007 to receive basic support - unlocks, "how tos" and new installations.  Database services will be available at consulting rates for Legacy Plan members, and of course there won't be any more updates, but we'll keep you up and running as long as you still want to use IPM 2007.

IPM turns 30:
A Retrospective

Like most great things, IPM got started by someone being at the right place at the right time. That someone was Bob Maxwell.  Bob was an ex-stockbroker selling disk drives for Memorex, trying to break into the emerging "minicomputer" market. 

 He had finally made inroads to a programming firm that needed the massive storage of his disk drives for a new project . The programmers were going to create an accounting system for a large property management firm and they'd need every byte of  his 30 megabyte disks for development.  He'd been called in and was expecting to close the deal.  Instead he found out that the programmers had lost the contract and his disks were no longer interested.  The property management company had decided that the project was just too expensive, with the hardware, software, maintenance and training; they'd stick with paper.

In passing, however, one of the programmers mentioned that there was an electronics swap meet in the parking lot of the TRW offices held on the 2nd Saturday every month. Bob thought it might be worth his time to drop by.  This was supposed to be the place the programmers, engineers and electronics hobbyists would hang out. Just the place to make some contacts;  maybe some wealthy hobbyist might even need a disk drive

But this Saturday, no one was talking about disk drives.  The buzz was the Altair 8800s on display there.  In 1975, Forrest Mims' came out with the "Altair 8800" touted on the cover of Popular Electronics as the first "minicomputer kit to rival commercial models." 1978, it had grown in popularity and usefulness with add-ons like keyboards, printers, and displays. The Altairs at the swap meet were actually doing something useful - tasks normally the providence of the mainframes like "word processing" or "accounting."

That's when Bob put two and two together, and realized that the microcomputer might be just the solution for that property management company.  Bob bought a book produced by Los Angeles County listing all the area property managers, and started calling. Eventually he came across a guy who understood Bob's idea, and was game.  Bob told him "I'll provide you with a turnkey solution for $10,000".  The manager said they had a deal, and IPM was born.

Bob formed Realty Automation, bought the basic general ledger from a  guy in Whittier who moonlighted as a programmer for $650 and starting raising capital. He bought used 8" disk drives and resold them at $100 each to build the capital for development.  Soon enough, he was installing the first version of what became IPM under the C/PM operating system on an Altair. 

A couple of others followed, and by the time the Altos microcomputer came out later that year,  Bob and company were poised to jump to the new technology. It was fast, powerful and expandable, running at a scorching 4 megahertz, with 32K of RAM. (By comparison, a new PC runs at 2 gigahertz with about 2 G of RAM - 500 times faster, with 62,500 times as much memory.)

Here was a computer that someone could buy and run right off the shelf! That cut installation and training down to just a day or so. Realty Automation spent a whopping $4500 to "port" their program so that it would run on the new machine.  Bob hoped this gamble would make the business take off.  He had a one lead who had strung him along for a while; finally the lead said he'd buy if Bob made some enhancements. Bob got the programmer to make the changes, and flew up to San Jose to make the presentation and close the deal. Unfortunately, the guy said "You did exactly what I wanted, but I'm not going to buy. It's too complicated."  Bob's eternal optimism failed him.  He had debt up to his armpits, and a product no one wanted.  Time to pack it in and go back to selling for someone else. What was he going to tell his wife, Edie? 

Click here to read more...

FREE 
IPM 10.0
Webinar

Meet the next generation of IPM! 
FullHouse Software will be hosting two FREE webinars to show off IPM 10 (Formerly known as IPM 2008).

This webinar will introduce you to IPM 10.0 and walk through the features and functionality. We'll also run through the monthly cycle with IPM 10, and compare it to IPM 2007, screen by screen and function by function. 

The first webinar will be held on Tuesday, September 16 at 2 pm Eastern time.  The second will be offered on Wednesday, October 8 at 2 PM Eastern time.  

If you cannot attend either presentation, one will be archived and free to view on our website thereafter. 

Space is limited in both webinars, so email sales@fullhousesoftware.com today with your name and which webinar you will attend!

 

 

 

IPM 2007.15 Released

IPM 2007.15 includes fixes for an elusive posting error for NSF checks, a couple of new reporting options, new support for additional Deluxe check types and a few other small enhancements and fixes.

The service pack to update any previous release of IPM 2007 is available free for everyone on the maintenance plan at here. If you do not have IPM 2007 installed on your PC, follow the link above and select the "full installation". If you've got any version of IPM 2007 on your PC, you can update it to 2007.15 by running the service pack.  No unlock code or download password is required for the service pack.

Yet one more reason why our maintenance plan is a great value!

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