How do real estate investors track renovation costs?

Real estate investors use Remodelum to track rehab budgets, log contractor invoices and payments, monitor actual costs against estimates, and store all project documents in one place — across multiple properties simultaneously.

Can I track renovation ROI across multiple properties?

Yes. Remodelum supports multiple projects simultaneously. You can track renovation costs, payments, and capital improvements across properties and compare ROI on each.

Is Remodelum free for real estate investors?

Yes. Remodelum is free to start. You can generate renovation cost estimates, track budgets, and log expenses at no cost. Advanced features are available on paid plans.

What is a capital improvements log?

A capital improvements log is a record of all renovation work performed on a property — including dates, costs, contractors, and invoices. Remodelum maintains this log automatically as you track renovation expenses, which can reduce taxable gain when you sell.

A digital dashboard displaying a renovation project with a progress bar, budget categories for carpentry, demolition, and plumbing with costs, a bar graph comparing actual and planned averages, a section for invoices with costs and upload buttons, with a mobile view showing a simplified version of the same information.

HOME REMODEL FINANCE TOOL

Renovation ROI Tracker for House Flippers

Spreadsheet-free Remodeling Tool: Capital Improvement Log. Build your budget, track every expense and payment, monitor the costs and keep a record contracts

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FOR ADVISORS

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REMODELUM ADVANTAGE

What is so great about Remodelum?

Calculate renovation budgets based on project type, property size, and condition. Whether it’s a cosmetic rehab or full gut job, Remodelum gives you fast, reliable estimates.
Ditch the spreadsheet. Log payments, track vendor quotes, and compare projected vs. actual spend on each project.
Upload and tag estimates, invoices, and receipts. Keep your entire rehab history organized and accessible.
Run different rehab cost scenarios and monitor profit margins to make smart investment decisions.

What moves the price the most

FACTORS IMPACTING PRICE

Leverage Remodelum’s algorithm, based on data from thousands of renovations, homeowners and investors, to obtain an cost estimation tailored to your specific project and broken down by cost category

FAQs

Remodelum’s estimator lets you calculate costs for flips, rentals, and full renovations — based on scope, size, and property type.
Yes — it helps you plan your flip, track costs, and store documents to stay organized and profitable.
Absolutely. You can manage multiple renovations and budgets in one dashboard.

COST CATEGORIES OF A REMODEL PROJECT

Breakdown of your full home remodel cost calculated by cost category

This includes permits, supervision and cleaning
This includes the cost of removing existing structures, clearing the site, and preparing it for construction, abatements and protections
This includes the cost of all foundation work, as well as any brick or stone work required for the exterior or interior walls
This includes the cost of any metal work required for the project, such as steel framing or metal roofing
This includes the cost of all wood framing, including walls, floors, and roof framing. It also includes the cost of installing doors, windows, and any custom cabinetry or built-ins
This includes the cost of all insulation, as well as any waterproofing or moisture control measures required for the project
This includes the cost of all exterior and interior doors and windows, as well as any hardware or glazing required
This includes the cost of all interior finishes, such as drywall, paint, and flooring. It also includes the cost of any exterior finishes, such as siding or stucco
This includes the cost of adding tiles and stones mostly in bathrooms and kitchen
This includes the cost of all electrical work required for the project, including wiring, outlets, and light fixtures
This includes the cost of all plumbing work required for the project, including pipes, fixtures, and water heaters
This includes the cost of all heating, ventilation, and air conditioning systems required for the project
This includes the cost of all fire protection systems required for the project, such as smoke detectors and sprinkler systems
This includes the cost of any specialty items required for the project, such as elevators, security systems, or audio/visual equipment
his includes the cost of any furniture or decor required for the project, such as rugs, curtains, or light fixtures
This category describes the costs of any roofing job involved in your renovation
This category includes all costs related with any outdoor space of your home renovation
This category includes all costs related to external work of your home such as facade, corniche or external walls