Advantage Software LLC                        Real Estate Flip - Real Estate Flip Software
                                          Flip Task Expense Report 
 
 
 
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    Real Estate Flip Software - Flip Task Expense Report 
 
                                                             ( See Report Below )
 
  The EZ-Estimate 2.01 real estate flip program was designed to help with the financial analysis of your real estate flips.  It allows you to create your own task list in the chronological order that you will schedule your flip improvements and repairs.  All you need to do is type in your own task captions and budget expense amounts on the task expense entry screen in the order that you will be scheduling your property improvements.  All flip task entries with budget dollar amounts greater than zero can be loaded to the project task schedule by clicking on "Load Tasks" on the scheduling screen.  Task expense entry totals are calculated as you enter the task expense amounts.  The task expense totals are then rolled up on the Flip Profit or Loss Statement.  

In the expense report below, a negative variance amount is denoted by a "Red Arrow" and it indicates a poor task cost estimate.  A "Green Arrow" or positive variance amount indicates a good estimate and a "Blue Arrow" or zero variance amount indicates that you hit the estimate on the head.  

When your real estate flip is sold and all actual task expense amounts are entered, you can review the accuracy of your estimates.  Evaluating the accuracy of your flip estimates should help you to improve the estimation process on future real estate flips.   To learn more about the EZ-Estimate 2.01 real estate house flipping software, click on      EZ-Estimate 2.01   

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