Real Estate Technology
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by

Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Creative Real Estate Financing
presented by

Tax, SDIRAs & Cost Segregation
presented by

1031 Exchanges
presented by

Real Estate Classifieds
Reviews & Feedback
Updated over 6 years ago on . Most recent reply

The Best Budget Spreadsheet
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

@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.