The biggest issue facing property investors with a growing portfolio is the huge amount of paperwork they now have to deal with, according to property management software firm Property Portfolio Software.

The company has analysed three years’ worth of feedback from its customers and it identified a number of trends to work out their top five concerns. Investors said that the biggest pain is the sheer amount of paperwork that has to be handled, to ensure rents are received and all bills are paid.

Other issues in the top five include keeping track of legal documentation and effectively managing tenants. Amer Siddiq, founder of Property Portfolio Software’s parent company Tax Portal Ltd, said: “As a property investor myself I know what a nightmare it can be keeping on top of property management issues while developing your portfolio.

“When we analysed the results, we weren’t surprised to see concerns about staying organised taking the top four places in issues facing landlords.”

The top five issues identified by Property Portfolio Software were;

Increasing paperwork: keeping on top of bills and rental income
Staying legal: keeping track of safety certificates and legal documents
Good tenant management: making sure they get the information they need
Income tax management: knowing what is due and when
Maintaining a positive cash flow: with the current low rental yields

Amer added: “It was this feedback from customers which inspired us to develop the property and tax management software in the first place.”