
PropHero Launches Innovative “PropHero Portfolio” App for Property Investors Worldwide
In a groundbreaking move for the real estate industry, global proptech platform PropHero has introduced its latest innovation – the “PropHero Portfolio” app. This powerful tool allows property investors to effortlessly monitor their portfolio’s performance from anywhere in the world, all at no cost.
The “PropHero Portfolio” app is a public version of the highly successful “Track” module, initially launched as an exclusive feature for PropHero’s clients. Now, property investors, whether beginners or seasoned professionals, can access this valuable resource on both Apple and Android devices. The app offers a comprehensive overview of all investment properties, including vital metrics like rental yield, capital gains, and cash flows. Furthermore, it provides insightful market trends, facilitates market comparisons, and proactively identifies opportunities for improvement, such as optimizing rental rates or refinancing options.
Sophie Hayek, CEO of PropHero Australia, emphasized the company’s commitment to simplifying property investment. “Our mission is to make property investing straightforward, transparent, stress-free, and more profitable,” she said. PropHero has already helped clients acquire over A$100 million in properties across Australia, Spain, and Indonesia this year, demonstrating its dedication to providing end-to-end support.
David Alia, Chief Technology Officer for PropHero, praised the app’s simplicity and user-friendliness. “Our new PropHero Portfolio app features a user-friendly interface with no complicated formulas or calculations. Just add your properties and start tracking your portfolio’s performance,” he explained. The app also offers real-time updates on interest rates and relevant market data, empowering investors to make informed decisions for wealth creation.
Over the past two years, PropHero has facilitated over 1000 property investments in Australia, Spain, and Indonesia. The company’s unique approach combines data-driven insights, artificial intelligence, and a network of trusted local property experts. According to CoreLogic data, PropHero’s Australian market investments surged by 12.1% over the last 12 months, contrasting with the overall market’s -1.1% decrease.
The “PropHero Portfolio” app has garnered enthusiastic support from industry partners. Suvidh Arora, CEO and Chief Solutions Officer at Cinch Loans, described it as a “game-changer” for investor clients. He noted that the app’s notification system for interest rate changes or increases in property value empowers clients to explore refinancing or equity release loan options, further maximizing their investments.
With the launch of the “PropHero Portfolio” app, PropHero is ushering in a new era of convenience and transparency in property investing, ensuring that investors can make informed decisions and maximize their wealth creation journey.