View report*This link comes directly from our calculators, based on information input by the member who posted.First time rehabber here, looking for any helpful information.

We installed one in our STR and it’s been great! 

We have actually had some luck with them getting money for our clients.

@Sarah Smith Are you allowed to tear it down as a historical site? 

Not to scare you - but we made one mistake on a flip - replacing old wooden windows instead of rebuilding them - and it ended up costing us $50,000 to our $175,000 profit margin.  

But, excel is totally fine in the beginning.We use QuickBooks Online exclusively for all of our REI Clients.

We are considering taking cash into our business to season for down payments on new properties.

Go to Etsy and search for "rental property tracker," and you will find hundreds of nice spreadsheets to track 10-20 rentals, usually for under $10.Software has extremely helpful features like online payments, marketing syndication (click a button, and your property is advertised on multiple sites), electronic document review/signing, maintenance tracking, and owner reports.

Back in Washington where we fix & flipped properties I did anything from general contracting from demo to finishing touches, managed project budgets & timelines to stay within our projections and SOW, raised capital for down payment on hard money loans, interest on loans and rehabs, worked with my hands (best at flooring, trim, caulk, cabinets, fences, punch list items) and was the real estate agent for acquiring and selling our flips.

There are two things that give me pause in trying to recreate our original success.1- Location, location, location... and how that translates into occupancy.