Tax Lien Cert Mgmt Software Reco's

[Keith Thompson]

I've been buying tax liens for some time now (off and on, now I'm Very On) and have used Excel up to this point. Excel has become cumbersome for the numbers and status of the certs.  Some redeemed, what phase of redemption foreclosure, bankruptcy... you get the idea.  Then, there are the year end reports for SDIRA LLCs.  Aaargh, I'm battling that one at this moment. 

Preparing to hand-jam the numbers in order to produce the financials on about 50 certs, it occurred to me (finally) - why not ask the many gurus on BP?  SO... what say y'all? I expect to have to handle up to 200 or thereabouts open certs once the pipeline is fully loaded.

Who's tried what and what do you think.

Thanks,

Keith

[John Underwood]

I love excel. I have tabs for different years, I create formulas to track actual interest rates on redeemed properties. I keep track of checks and dates received.

I use a SUM function to see how much is owed, how much outstanding and total interest rate.

I can color code redeemed properties a different color.

It is super easy to customize. and once you set it up it automates everything but entering the data once you get a redemption check or a deed.

You can copy over the tab to a new one and start a new year with all your formulas intact.