House Flipping Expenses

[Philip Furlong]

I am trying to determine my upcoming expenses for a house flip and want to see what some other people are doing for fixed expenses? I am thinking my best bet is going to make an excel document that lists the primary costs for paint/floors/counters/appliances/etc. I am not a huge fan of just winging a project and would prefer to have a set process for the flipping process. Has anyone created their own internal standard operation procedure or do most people just keep this information stored in their head?

[Kristina Kuba]

Philip,

I use Google Sheets and do one for rental grade, mid and high end.

I would also recommend using Deal Check to run your numbers. Very underrated app that is really useful.

Kristina Kuba

Keller Williams Tampa Central