Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 8 years ago on . Most recent reply
App or spreadsheet for labor and materials
I'm starting a rehab project. I was wondering what you guys use to keep track and mand cost of equipment, materials and labor.
I'm debating whether I should use a good old-fashioned excel spreadsheet or if there's an app out there that can assist with us
Most Popular Reply
Nick N. No app for rehab has all that. Houseflippingspreadsheet might be a good fit but I haven't used it. For 1 job at a time, nobody can beat excel. Apps are really geared for 10+ jobs with 500k minimum at any given time open projects. Anything less is not worth making/operating an app for. I have 4 projects, excel still works. Don't count nickles and dimes, concentrate on controlling time and large chunks of money. Remember, a day of delay is more than the cost for a box of screws. I always buy more on my jobs, say I need 10 pcs of lumber, I buy 11/12. I lose more money going back and forth to the hardware store than $3-$6.