Sun 29 Apr 2007
The Internet has made possible a new type of software , which is internet applications . We may already use some of this applications : Internet search ( www.google.com ) , Web email ( www.hotmail.com ) , travel reservations ( www.orbitz.com ) , or online banking . These types of applications are changing how we as consumers , businesses , and investors use computers . The benefites are huge :
1. No software to download or install – With an online application , the guts of the software reside on the host server , so you never have any software to download or install .
2. Updates of software are automatic – This applications provide no maintenance for end user . The maintenance of this applications is provided as a part of the solution , and software updates materialize automatically to you .
3. Since there is no software to install , you can access your online solution from any computer with a browser and Internet connection .
4. Data backup – With all of the computer viruses today , one of the biggest benefits of Internet solutions is inherent data backup . Because , by default , your data resides on the host server , so you will not lose your data as a result of hard drive crash .
5. Central security – As a general rule , it is easier for a single company to centralize its security defenses to protecet and safeguard your data . Your bank , for example is an analogy ; it has the collective resources and responsibilty to protect your deposits .
Let’s take a look at the specific example : How can we use technology to better manage your real estate investment ? Let’s consider www. KeepMore.net , an online record-keeping solution .
. It will simplify your administration and bookkeeping – fast capturing the funds going in ( such as rent payments to you ) , and funds going out ( such as building improvements ) of your investment .
. It also offers a smart categorization – by sorting and categorizing your transactions automatically so you know exactly how profitable you are during a year .
Using Internet record-keeping solution allows you to leverage the power of Internet and better protect your data . Most importantly , it does not attempt to reinvent you or the way that your real estate investment should work . It simply makes your life easier .
