Budget tracking for flipping

[Kelcey Land]

I saw another post where a member was asking specific questions regarding using QuickBooks to track rehab budgets. I didn't want to jack his thread, but I did want to see what type(s) of software y'all are using. I am inclined to use QB, but not quite sure the best way to set it up to track 6+ projects. What other solutions are out there?

[Teri Feeney Styers]

I'm with @Shawn Thom - I use QB and really like it. But instead of classes I set up each property as its own "asset" and then create a master expense category for each and then the sub-categories of expenses. So, the house I'm doing on White Ave would show an asset value of $100,000 (what I originally paid for the property). Then I have a White Ave expense category and under that I have appliances, utilities, insurance, materials, labor, etc. With a mouse click I can see where I am on my line item budget and my overall budget. And yes, works really well with my accountant.