Do you use software to track property rehabs?

Question

I'm currently doing a rehab on a 7 unit multifamily that I own. I have a Google Sheet that I'm using to track different elements of the project but I'm wondering if folks have success using other software that they can share with me? Thank you in advance!

Christian Styles · Answer

Also very interested in this topic, currently using about a million spreadsheets to track renovations and it's all starting to blur together.

Ryan Irwin · Answer

Great question @Jeffrey Albaum I have been wondering the same thing when managing my flip projects. Following!

Farid Ayoubzadeh · Answer

I have worked as a construction manager and most recently I am building a software for the construction industry and I can help with some recommendations.

What is what you would like to achieve and track?

Shari B. · Answer

Thanks for updating the link! Looks interesting! It's more than I need at this point, but if I had to do a full construction project or a flip, I'd definitely use it.

Shari B. · Answer

I use Monday.com for lots of things and am trying it out as an inexpensive alternative to Google sheets. It does all the things you mentioned you'd like. It's not purpose built for construction and I'm not sure it has any integration with Quick Books.

You can create a board for each renovation project and view tasks in a table, GANTT chart, calendar, Kanban, etc. I'm using a board to track a light reno on a new property and it's working well for me. You can also create automations, like when a task has been completed, move it to completed projects area, other automations, integration with other software.

They have a free plan that I use and I can include 1 more person on my team. I have another account where we are using it to manage operations for a website and I'm thinking about getting a pro subscription so that I can have the whole team use it.

Peter W. · Answer

We use Microsoft project, jira and excel at work.

What you are looking for are project management tools (for google searches).

Edit: I am a mechanical engineer-not in construction or real estate.

Max Emory · Answer

@Jeffrey Albaum, some of our clients have had good experiences with BuilderTrend as a project management software. It directly integrates with QuickBooks Online (which we recommend for your accounting software).

Happy to discuss further. Best of luck!

Jake Baker · Answer

@Jeffrey Albaum @Christian Styles

My flipping biz does ~20 projects a year and we track everything post-purchase in QuickBooks Online.

Separating by classes allows for separate P&Ls for each property. With the products & services feature, you track each 'phase' of the rehab.

Doing everything in QBO allows me to have visibility on my projects and allows my CPA to easily access the reports for tax prep. I am fan of having everything in as few software as possible.

Jeffrey Albaum · Answer

I want something that I can input a line item, such as "paint exterior", and then add an expected timeline with something that will reach out and give me reminders to check in. So for example, if "paint exterior" is supposed to take 1 week, in 1 week it will send me a notice that it's supposedly been done, so then I can reach out to see if that's true. In a perfect world it will also allow me to input quotes as well as actual cost to complete each line item, so I can get better with each renovation.

Kyle Hendricks · Answer

Following. Also just using google sheets but always looking for something better!

Do you use software to track property rehabs?

Do you use software to track property rehabs?

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