Best House Flipping Software for Cost-Plus Rehab Estimating

San Francisco, California
Rehabbing & House Flipping
6moFollow

Best House Flipping Software for Cost-Plus Rehab Estimating

Zachary Umlauf
Flipper/Rehabber · San Mateo, CA · Member since 2024 · 2 posts · 1 vote

First time flipper (and new real estate agent in the Bay Area) currently underwriting high dollar flips and struggling with rehab estimates. What software aids are useful in this space?  Thanks in advance of your time responding. 

1Reply
176 views

Most Popular Reply

Alfath AhmedBusiness Member
Real Estate Agent · Columbus, OH · Member since 2022 · 1k+ posts · 1k+ votes
6mo
Quote from @Zachary Umlauf:

First time flipper (and new real estate agent in the Bay Area) currently underwriting high dollar flips and struggling with rehab estimates. What software aids are useful in this space?  Thanks in advance of your time responding. 


 I personally built a spreadsheet that I used to track my flips here in the midwest. I also have seperate sheets for materials, metric, and profit/loss calculations. 

[email protected]614-802-5698
ReafCo | Ahmed Group 539 Reviews
WebsiteView Page
1Reply
See this reply in the discussion

3 Replies

Jump to latestLatest
  • Alfath AhmedBusiness Member
    Real Estate Agent · Columbus, OH · Member since 2022 · 1k+ posts · 1k+ votes
    6mo
    Quote from @Zachary Umlauf:

    First time flipper (and new real estate agent in the Bay Area) currently underwriting high dollar flips and struggling with rehab estimates. What software aids are useful in this space?  Thanks in advance of your time responding. 


     I personally built a spreadsheet that I used to track my flips here in the midwest. I also have seperate sheets for materials, metric, and profit/loss calculations. 

    [email protected]614-802-5698
    ReafCo | Ahmed Group 539 Reviews
    WebsiteView Page
    1Reply
  • Andy SabischPro Member
    Investor · Jackson, MS · Member since 2021 · 660 posts · 561 votes
    6mo

    As Alfath said, building your own and using local pricing works best.  You know how it works and what the input is.  Have tried several tools and none provided what we needed.

    Look at Excel and use AI to help you build the tool

    0Reply
  • Alan F.
    Flipper/Rehabber · CA · Member since 2023 · 1k+ posts · 1k+ votes
    6mo
    Quote from @Zachary Umlauf:

    First time flipper (and new real estate agent in the Bay Area) currently underwriting high dollar flips and struggling with rehab estimates. What software aids are useful in this space?  Thanks in advance of your time responding. 


     Id highly suggest that you look up business and professions code 7159 and thourghly understand how residential remodeling contracts work in California. The contractors license board has lots of information.

    0Reply
Join the conversationCreate a free account to reply, vote on answers and follow this thread.
Log InJoin for Free