Real Estate Budget and Forecasting Systems

Real estate budgeting and forecasting software gives property owners and property managers a wide variety of options to lay out financial plans and operational budgets. Real estate budgeting and forecasting software will streamline the leasing, management and accounting tasks of a property manager and allow budgeting to take place within one software system.

For those managing multi-family apartments and communities, budgeting and forecasting software will calculate loss-to-lease, turnover and payroll costs. If multiple buildings need to be monitored, a budgeting and forecasting system will alllocate expenses across multiple locations. These software systems will also project occupancy rates and perform multi-year budgeting with percentage increase calculations.

Modern budgeting and forecasting systems will include features such as multiple Chart of Account templates to use for different property types; detailed audit trails; tenant statements for estimates and reconcilations; and an export feature to allow integration of data with a company's accounting software.

For an overview of property management software options, visit our property management software buyer's guide.