Updated almost 7 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.