If content is king, I’d posit that data is queen. Whether you’re analyzing your website statistics or getting investment information, data is absolutely vital for long-term growth.
In real estate, getting the data you need from software isn’t always as easy as just clicking on a button. Kitt is hoping to change that by bringing together a property portfolio, spreadsheets, and asset management into one tool, calling themselves an autopilot tool for real estate investing.
Kitt bills itself as “The Best Accounting & Asset Management Platform For Real Estate Investors.” Let’s take a look at the software’s core features:
1. Accounting – Kitt was built for real estate, instead of adapting itself to real estate. It has a a full journal and ledger reconciliation features, automated invoicing, and advanced reporting capabilities. Kitt can also connect to your bank account, which can help with reconciliation.
2. Collaboration – You can share your data with others, such as a partner, accountant, or broker. You can share files, information and the workload while keeping all of your data in one place. But the basic rate for Kitt only allows two users, so check the plan before you purchase.
3. Analysis and Insight – With Kitt, you get information on your own properties and accounts, because you can list unlimited properties and portfolios, but you also get real estate market analysis, budgeting tools and suggestions.
Kitt’s CEO is New Zealander, Aleks Dahlberg, who has been involved in other ventures, like Pondr, Stayrs and Make Tracks.
Kitt looks like an interesting tool for property managers and claims to be an auto-pilot option – it might be worth taking a look for your investment branch. It is a little over a year old and although not yet the industry mainstream option, appears to have gained traction since we first introduced you to Kitt in 2018.