REAL PROPERTY
The PDS Trust Real Estate Management System Software handles every conceivable aspect of real estate asset management. These are some of its features:
Asset Management Tool
- Quick access to Managers portfolio
- Calendar functions for tracking upcoming and pending property events
- Find screen allows for easy account and property searches and reports
- Trust Summary screen provides property details and summary with market value
- Provides tracking of market value changes, annual review, appraisal and inspection information
- Track Tax/Insurance data and payment information
- Image indexing and retrieval
- Detailed asset ownership information
- Track Disposal/Sales information
- User defined fields
Lease Asset Management Tools
- Provides property general lease information, tenant name and address, frequency, payment and delinquency information
- Tracks rental unit details
- Tracking of flat and percent rents
- Allows for multiple types of deposits
- Generates rent coupons & late notices
- Track tenant reimbursements
- Calculation of CPI increases
- User defined fields
- Comprehensive name and address tracking
Reporting
- Report writer to create customized reports
- Annual reviews
- Financial reports
- Property reports
- Lease reports
- Insurance reports
- Delinquency reports
- Pending events reports
- Two year property analysis with graphing
- Vacancy reports
- Sale/disposal reports
- 1099 Reporting and filing
Revenue Processing
- Fast & flexible payment entry
- Processing at lease, trust or property level
- Set up special processing instructions to be displayed at time of payment entry
- Tracking of open invoices, late fees and delinquencies
- Automatically split revenue to owners according to predefined percentages
- Allows for creation of miscellaneous invoices
- Simple on-line income inquiry
Expense Processing
- Fast & flexible invoice entry
- Automatically split expenses among owners according to predefined percentages
- Specialized processing screens for insurance and taxes
- Simple on-line accounts payable inquiry
- Unlimited number of asset/expenses codes
- Automatic recurring payments (fixed or variable)
- Security deposit & escrow tracking
- Carrying value updated for capital expenditures
- Cash type based on TRMS expense code
- Disbursements approval process with user defined limited
Optional Features
- Customized real estate fee calculation system
- Support for specialized revenue and expense sharing agreements
- Revenue distribution and expense billing to outside owners
- Laser check printing
- Project and budget tracking
- Sales and tax calculation on lease payments