Property Evaluator 3 is Now Available!
April 16, 2010 Filed in: Property Evaluator
Property Evaluator 3 for the iPhone is now available on the App Store!
This version has been in the works for the last year. Property Evaluator was completely rewritten from the ground up to create a real estate analysis tool that is much more powerful and flexible than the previous version.
In version 3 you can create your own custom categories for income, expenses, and itemized closing costs. You can also assign a custom frequency to any transaction. For example, you might collect rent monthly, pay your insurance annually, and pay your homeowner’s association dues quarterly. With version 3, you can enter these items exactly the way you pay them.
You can also make any transaction proportional to another transaction. For example, you could make the rent 1% of the purchase price, make the taxes 1% of the sale price, make the management fees 10% of the annual income, or make the sale price $100 per square foot. This makes the data entry much more accurate and efficient.
Property Evaluator is now available in 3 versions: Standard, Premium, and Pro. The Standard version is limited to evaluating a single property with up to 3 expenses. The Premium version lets you save multiple properties, and email the financial projections to your clients, lenders, or investment partners as a PDF file. The Pro version adds the ability to evaluate multi-unit and commercial properties, and it adds a cover page to the PDF reports with your name, company, and contact info.
In version 3, the emails are sent directly from the iPhone app instead of through the server.
You can upgrade to the Premium or Pro versions directly within the Standard version using in-app purchase. Note that version 3 is a separate app from version 2. So if you already purchased version 2, you’ll have to purchase version 3 separately. I had to do this for the following reasons:
1.) I created a new data format that is much more flexible and powerful than the old format, and the two formats are not compatible.
2.) In order to enable in-app purchase within the app, I had to create a different type of App ID that wasn't compatible with the old Property Evaluator app.
3.) Version 3 requires iPhone OS 3 or higher, while version 2.5 works with iPhone OS 2 and higher. I wanted to keep the older version available for people who haven't upgraded their iPhone OS to version 3 yet.
I’m really excited about this release, since it builds a solid foundation for many more great new features that I have planned.
The next project that I’m working on is creating versions of Property Evaluator for the iPad! The extra screen space is going to allow some really nice enhancements to the user interface!
This version has been in the works for the last year. Property Evaluator was completely rewritten from the ground up to create a real estate analysis tool that is much more powerful and flexible than the previous version.
In version 3 you can create your own custom categories for income, expenses, and itemized closing costs. You can also assign a custom frequency to any transaction. For example, you might collect rent monthly, pay your insurance annually, and pay your homeowner’s association dues quarterly. With version 3, you can enter these items exactly the way you pay them.
You can also make any transaction proportional to another transaction. For example, you could make the rent 1% of the purchase price, make the taxes 1% of the sale price, make the management fees 10% of the annual income, or make the sale price $100 per square foot. This makes the data entry much more accurate and efficient.
Property Evaluator is now available in 3 versions: Standard, Premium, and Pro. The Standard version is limited to evaluating a single property with up to 3 expenses. The Premium version lets you save multiple properties, and email the financial projections to your clients, lenders, or investment partners as a PDF file. The Pro version adds the ability to evaluate multi-unit and commercial properties, and it adds a cover page to the PDF reports with your name, company, and contact info.
In version 3, the emails are sent directly from the iPhone app instead of through the server.
You can upgrade to the Premium or Pro versions directly within the Standard version using in-app purchase. Note that version 3 is a separate app from version 2. So if you already purchased version 2, you’ll have to purchase version 3 separately. I had to do this for the following reasons:
1.) I created a new data format that is much more flexible and powerful than the old format, and the two formats are not compatible.
2.) In order to enable in-app purchase within the app, I had to create a different type of App ID that wasn't compatible with the old Property Evaluator app.
3.) Version 3 requires iPhone OS 3 or higher, while version 2.5 works with iPhone OS 2 and higher. I wanted to keep the older version available for people who haven't upgraded their iPhone OS to version 3 yet.
I’m really excited about this release, since it builds a solid foundation for many more great new features that I have planned.
The next project that I’m working on is creating versions of Property Evaluator for the iPad! The extra screen space is going to allow some really nice enhancements to the user interface!