House Flipping Spreadsheet

The House Flipping Spreadsheet, developed by Venture Sheets, LLC, is a software solution designed to streamline the house flipping process. According to the vendor, it offers features for deal analysis, project management, and accounting, making it suitable for real estate investors, house flippers, rehabbers, construction cost estimators, and project managers. The spreadsheet provides tools to estimate repair costs, analyze purchase prices, create project schedules, track expenses, and generate professional reports.

Key Features

Repair Estimator: According to the vendor, users can estimate repair costs accurately and efficiently by selecting work items and unit prices from a cost database of 24 Scopes of Work and over 400+ common work items.

Rehab Analyzer: The vendor states that this feature allows users to analyze the numbers of a deal and determine the maximum purchase price for a property by inputting cost assumptions and investment criteria.

Analyze MPP: Users can calculate the maximum purchase price for a rehab property based on desired profit margin, repair costs, holding costs, and other expenses, according to the vendor.

Analyze Profitability: According to the vendor, this feature helps users determine project profitability and return on investment (ROI) by inputting purchase price, estimated repair costs, and other expenses.

70% Rule Gauge: The vendor claims that users can evaluate the competitiveness of an offer price by comparing it to the 70% Rule Formula, an industry standard for pricing properties.

Create Reports: Users can generate professional marketing reports such as inspection checklists, estimate summaries, detailed estimate reports, and comparable sales reports, according to the vendor.

Project Scheduler: According to the vendor, users can create project schedules, set milestones, assign tasks, and track progress to ensure projects are completed on time.

Task Manager: The vendor states that this feature allows users to manage and organize daily project tasks and to-do lists, prioritize tasks, set due dates, and track completion.

Project Budgeter: Users can manage project budgets, track actual expenses, and forecast budget overages to calculate project profitability, according to the vendor.

Income & Expense Tracker: According to the vendor, users can record and track project income and expenses, including property sales, materials, labor, and other project-related costs.