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Updated about 11 years ago on . Most recent reply

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13
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5
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Jason Genovese
  • Investor
  • Saint Louis, MO
5
Votes |
13
Posts

Flip Calculator Results

Jason Genovese
  • Investor
  • Saint Louis, MO
Posted

I entered an example flip into my own calculator and into the bigger pockets to compare.   Unfortunately, the bigger pockets calculator shows a number about $5,000 higher than my spreadsheet (25% higher), with the same input numbers and I cannot figure out why, and its driving me nuts.   I am sure my spreadsheet is correct as I can see all the numbers and calculations.    I also think the bigger pockets calculator is right after being reviewed and used by so many people.   So I would guess I must not be understanding something or entering in data incorrectly.    I made screen shots of everything, but don't see a way to attach a file so I will just enter what I can.    Can anybody figure out how the BP spreadsheet is calculating the profit with the numbers I entered?

Thanks --  Jason

Most Popular Reply

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Brandon Turner
#3 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
3,949
Votes |
13,324
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Brandon Turner
#3 Questions About BiggerPockets & Official Site Announcements Contributor
  • Investor
  • Maui, HI
Replied

Hey @Jason Genovese So sorry we didn't see this message earlier! Yeah, looks like you discovered the same bug that @Account Closed we definitely try to fix every issue when they come up, and have 2 people working most of their time on improving the calculators so it's definitely one of our highest priorities. I just sent you a message on the back end, but I believe your issue has been fixed since about an hour after you sent in the bug report. Let me know, of course, if you see anything different but I believe it's working 100% right now! 

Sorry for the trouble guys!

  • Brandon Turner
  • Podcast Guest on Show #92
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