PIA Software

Discussion in 'Property Information Resources & Tools' started by hillsguy, 12th Jun, 2018.

Join Australia's most dynamic and respected property investment community
Tags:
  1. hillsguy

    hillsguy Well-Known Member

    Joined:
    25th Aug, 2015
    Posts:
    502
    Location:
    Adelaide
    Hi all, looking to invest in some software to assist in doing what if scenarios for building our portfolio.

    PIA software looks very dated (I'm sure it's good) however not kept up with the times from a modern user interface point of view.

    Has anyone else found any alternatives ? If so are you willing to share ?
     
  2. Coota9

    Coota9 Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    1,286
    Location:
    Melbourne
  3. hillsguy

    hillsguy Well-Known Member

    Joined:
    25th Aug, 2015
    Posts:
    502
    Location:
    Adelaide
    It's amazing that no one has created a full online cloud based solution.
     
  4. Big Will

    Big Will Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,517
    Location:
    Melbourne, Australia
    Investors are cheap that’s probably why :p
     
  5. Biz

    Biz Well-Known Member

    Joined:
    18th Jun, 2015
    Posts:
    2,517
    Location:
    Investard county
    You want Pain In the Ass software? Try Windows 10.
     
  6. euro73

    euro73 Well-Known Member Business Member

    Joined:
    18th Jun, 2015
    Posts:
    6,129
    Location:
    The beautiful Hills District, Sydney Australia
    Just build your own spreadsheet.

    Im in the Hills. Pop on by and I'll give you a copy of mine....
     
  7. Paul@PAS

    Paul@PAS Tax, Accounting + SMSF + All things Property Tax Business Plus Member

    Joined:
    18th Jun, 2015
    Posts:
    23,536
    Location:
    Sydney
    I have NEVER see a excel version of PIA that even gets 20% of it. And if I did it would take a load of testing before I even trusted it. Its based on Microsoft Access as the engine and why it retains that look I suspect. Later versions also look more current than the userguide images. ie Win 10. Also a Mac version

    PIA looks outdated but isnt. Its unique and still #1. Its VERY complex in what it does (fine detail and modelling) and takes sometime to learn but is well worth it. The userguide is well documented with pics too.

    It is also updated regularly for changes to laws. That could be a massive issue for other products and excel eg

    Changes to PIAPro, PIAFpu 7.5.35 (29-Nov-2017)
    • Refinements to the Portfolio Analysis for dealing with properties purchased in the future
    • Refinements to the Wealth Builder to cater for Portfolios containing properties purchased in the future.
    Changes to PIAPro, PIAFpu 7.5.33 (16-Oct-2017)
    • Added more flexibility in linking value of depreciable fittings with property price
    • Principal loan payments now accounted for in Who Pays graphic
    Changes to PIAPro, PIAFpu 7.5.32 (10-Oct-2017)
    • Refinement of Wealth Builder credit line options
    Changes to PIAPro, PIAFpu 7.5.30 (19-Sep-2017)
     
    Rezzley likes this.
  8. vfn

    vfn Member

    Joined:
    7th Sep, 2016
    Posts:
    5
    Location:
    NSW
    @hillsguy, I'm developing a modelling tool for this exact purpose. It's capable of testing scenarios on a multi-property portfolio.

    Feel free to send me a line if you'd like access to it. That invitation is open to anyone as well, just send me a direct message.

    @Paul@PFI it would be great to get a professional opinion on what I have been building as well. Please let me know if you'd be keen to use it.
     
    CJIMENEZ likes this.
  9. mkbonline

    mkbonline Well-Known Member

    Joined:
    8th Apr, 2019
    Posts:
    192
    Location:
    Kellyville, NSW
    I am trying to build something similar to include 3 main asset type - resi, commercial and shares. Is anyone generous enough to share the latest version of their xls?