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Unformatted text preview: has to be collected and analyzed as the search for that house begins. The house bought then has to go through inspection to further add to the data that will then give us the information on how to organize the info and check against pricing in the area for new homes or houses with extra amenities and what the cost for remodeling is which involves getting estimates from contractors and for raw materials. The model would involve all of this info based on the book reading I don’t think we can apply trial and error on this so we have to get as much data as possible and put in the information into a computer to generate the best model and give us a good time frame to finish the remodel and stay on budget. Time is also essential as money is also wasted on the monthly mortgage payments adding to the expense of the budget....
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This note was uploaded on 09/22/2011 for the course ACCOUNTING MT482 taught by Professor Das during the Spring '11 term at Kaplan University.
- Spring '11