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Updated over 6 years ago on . Most recent reply

User Stats

50
Posts
14
Votes
Michael Bennett
  • Flipper/Rehabber
  • Tulsa, OK
14
Votes |
50
Posts

The Best Budget Spreadsheet

Michael Bennett
  • Flipper/Rehabber
  • Tulsa, OK
Posted
Hello, I am currently seeking the best cost effective software to use for budget analysts and tracking all expenses during a flip project. Any recommendations and what you may use or recommendations on the best software?

Most Popular Reply

User Stats

11
Posts
2
Votes
Samuel Rosenak
  • Rental Property Investor
  • Lawrence, KS
2
Votes |
11
Posts
Samuel Rosenak
  • Rental Property Investor
  • Lawrence, KS
Replied
@Michael Bennett I would only recommend google sheets(googles, excel,) if you are proficient in using its functionality. For example, for $0/mo you could make your own google sheet fix and flip calculator by studying the functions excel was designed to carry out. A calculator for flips, I would copy the functions of the flip calculator on this website and transpose it to google sheets. For example, Income: $900 Expenses: Mortgage = $700 10% Cap Ex = $900 * .1 = $90 10% Invest = $900 * .1 = $90 #% miscellaneous category #% miscellaneous category Sum $880 With sheets, the math is automatic. Set your percentages at what you want them. I just would rather copy the values and the categories bigger pockets has set up. Godspeed.

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