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BRRRR - Buy, Rehab, Rent, Refinance, Repeat
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Updated about 1 month ago,

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Simandu Yakubov
Pro Member
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Is there good project management software for Managing Multiple Property Renovations?

Simandu Yakubov
Pro Member
Posted

Hey everyone,

For those in the real estate game, how do you track your property expenses, labor, and other details during the renovation process, especially when managing multiple properties simultaneously (e.g., 3-5 houses)? Is there any project management software you recommend that aligns well with the BRRRR strategy?

If you have expertise in this area, I’d greatly appreciate any advice or recommendations for tools or systems to streamline reporting and organization.

Thanks in advance for your insights!

  • Simandu Yakubov
  • User Stats

    838
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    Jake Baker
    Tax & Financial Services
    #2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
    • Investor
    • San Diego, CA
    549
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    838
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    Jake Baker
    Tax & Financial Services
    #2 BRRRR - Buy, Rehab, Rent, Refinance, Repeat Contributor
    • Investor
    • San Diego, CA
    Replied

    @Simandu Yakubov

    For my flipping business, I prefer to use fewer software programs to streamline things. My do 10+ flips/BRRRRs per year. We use DealCheck to underwrite deals and QuickBooks Online for everything else post-closing on the purchase.

    Quickbooks Setup:
    - Classes allow for separate P&Ls for each property.
    - Products & Services enable us to track each 'phase' of the rehab.
    - Projects give us visibility on my projects
    - My CPA can easily access the reports for tax preparation.

    I advise my bookkeeping clients the same way.

    business profile image
    BookkeepingRE
    5.0 stars
    5 Reviews