House Flipping Spreadsheet Software

4.71 / 5 (86)

About House Flipping Spreadsheet


House Flipping Spreadsheet is an on-premise construction estimation solution that helps real estate investors and flippers to manage various routines of the flipping process. Key features include project management, project accounting, expense tracking and more.

House Flipping Spreadsheet features a rehab analyzer module, which allows users to view homes’ buying, holding, selling and repair costs to calculate purchase prices. The solution also features a repair cost estimator and calculators for wholesale and rental activities.

House Flipping Spreadsheet helps users to generate custom reports such as financial reports, lender presentation reports and alternative strategy reports. The solution features modules for project management and project management reporting. Features of these modules include a project scheduler, contact manager and a task manager. It also provides users accounting functionalities, which allows them to budget expenses and forecast repairs and project costs.

House Flipping Spreadsheet is priced per user and offers support via phone, email, online FAQs and a knowledge base.



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Supported Operating System(s):

Windows 7, Windows Vista, Windows XP, Mac OS, Linux, HP-UX, AIX, Solaris, Unix, IBM OS/400, Windows 2000, Windows 8, Windows 10

86 Reviews of House Flipping Spreadsheet

Average User Ratings

Overall

4.71 / 5 stars

Ease-of-use

4.5

Value for money

5.0

Customer support

5.0

Functionality

4.5

Ratings Snapshot

5 stars

(63)

4 stars

(21)

3 stars

(2)

2 stars

(0)

1 stars

(0)

Likelihood to Recommend

Not likely

Very likely

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Showing 1-20 of 86 reviews

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March 2019

Anonymous

Verified Reviewer

Company Size: 1 employee

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

March 2019

Most powerful flipping spreadsheet available

It helped me very thoroughly plan out my flip. Though I made some errors with the purchase and overlooked quite a few issues. Nothing to do with the spreadsheet.

Pros

It’s thoroughness. there are so many different areas and the reports are quite powerful if not almost overwhelming at times or discouraging because you realize how much really goes in to a flip. It was an eye opener for me

Cons

It’s not a dynamic web app!! Mentioned it before to the creator !! A bonus would be to have a house analysis / almost a inspectors module. Of course if you did it right you’d hire someone but it would be cool to have a nice online check list that would hold pictures and you could even send it in to have an expert review it. Nothing replaces a good house inspection but some people could just use a sweet guide! They will learn! iPad app would be wicked. Now that you can measure distances with iPad iPhone you could go pretty crazy with this system!!

Response from Venture Sheets of VentureSheets.com

Replied March 2019

Thank you for the review! We are working on a new web-based platform called FlipperForce which will work on mobile devices and should alleviate some of the issues you are having in the spreadsheet format. We are currently beta testing the software, so you are welcome to create a free account.

March 2019

Olga from City Groove Investments LLC

Company Size: 1 employee

Review Source: Capterra


Ease-of-use

3.0

Value for money

5.0

Functionality

3.0

March 2019

Big Help for investor that's just starting out

Before I purchased this spreadsheet, I didn't even know how to approach tracking finances for my first flip, so it solved a great deal of problems!! It saved me from reinventing the wheel with all the most common expense categories already pre-filled and nicely organized, it even has prices for common material and labor costs, and a project scheduler capability, but I haven't got to use them yet.

Pros

That it's available on Google Sheets. I work from multiple computers (and phone), so moving from desktop to the cloud has sped up my record keeping so much! There are also multiple powerful reports which a math geek in me just loves!!! If your online platform will ever be as powerful as a spreadsheet (haven't checked it in a while), I might switch to that because I would love to have my vendors and expense categories already saved and reusable for multiple projects.

Cons

Google Sheets spreadsheet is slow to load, and many of the features are extraneous for me. I also wish there was a way to attach check images (or link to where it's stored in the cloud), but I guess it's a Google Sheets limitation. Otherwise I'm really happy with it. Also, the Expense sheet won't sort by date unless you select a range, but maybe I'm doing something wrong.

March 2019

Anonymous

Verified Reviewer

Company Size: 2-10 employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

March 2019

House Flipping Spreadsheet

This product has become an essential piece of my business. I use it to analyze future projects and to track the progress of current projects.

Pros

This product is a great tool for tracking the progress of individual projects. It's easy to use and easy to learn. It's also great for forecasting the future performance of a project.

Cons

Customizing the software to include individual preferences is near impossible. Customer support is pretty good about taking requests and implementing them, however.

March 2019

Jake from Configo Properties, LLC

Company Size: 2-10 employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

March 2019

Exactly what I was looking for

Pros

It does everything needed to Analyze, Buy, and flip. I also got the Rental sheet for my rentals. Exactly what I wanted in a program at 1/3 the price of others.

Cons

I wish it was more tablet friendly. There is a tablet version but it’s missing most of the reports. I would like a version that looks good on a tablet with limited info more for the tracking and accounting. But then be able to open the same sheet on a PC and have full access.

March 2019

Anonymous

Verified Reviewer

Company Size: 2-10 employees

Review Source: Capterra


Ease-of-use

4.0

Value for money

5.0

Customer support

4.0

Functionality

5.0

March 2019

Excellent Budget Tracker

Overall I feel it's a great program than any flipper should definitely use. This is a high-risk high reward type of business and it's easy to lose money on if you are not prepared. If you use the spreadsheet like you're supposed to, you will always have the very best chance to be profitable.

Pros

Two aspects that are critical that the House flipping spreadsheet has. The maximum purchase price analysis and budget tracking ability. I flip about 12 houses per year. Not over buying on the house to begin with and staying on budget is the biggest priority for staying profitable.

Cons

There are a lot of reports that I don't use that are under the manage project section. If you haven't flipped a house before, then it would be to use them a few times to get accustomed to the process, but for me, it's additional steps that I don't use.

March 2019

Michael from Moleo Capital Holdings Inc

Company Size: 1 employee

Review Source: Capterra


Ease-of-use

4.0

Value for money

4.0

Customer support

4.0

Functionality

4.0

March 2019

Great Tool to Grow Your Business

Pros

I like how I am able to account for every type of expense from my holding costs to the actual rehab costs. It gives you a final number after taking all of that into account so it's so easy to see what your profit will be from day to day.

Cons

There are several features that make it very "clunky" For example it is not easy to copy contents of one workbook into another workbook. Also each time you click from one page to another page it resets where you to the beginning.

Response from Venture Sheets of VentureSheets.com

Replied March 2019

Hi Michael, thanks for the review! We will work on some of those usability items in our next update! Thanks for the feedback

March 2019

Kalani from Green Bridge Holdings

Company Size: 2-10 employees

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

March 2019

Pleasantly Surprised

Could not have been happier with this purchase. It will continue to serve me and my business for many years. Thank you.

Pros

The features of this software include so many different components that as a house flipper, I was needing. The most useful part I think, is the section that includes dozens of different types of reports including those for contractors, lenders, realtors, buyers, etc. It really is so comprehensive and convenient.

Cons

If you are not proficient in excel, it can take quite a bit of time to get accustomed to the software. However, there are some really comprehensive videos that assist in using the spreadsheet. The customer service is absolutely phenomenal. Every time I called the creator, was the one to answer and help me solve my problem.

March 2019

Anonymous

Verified Reviewer

Company Size: 1 employee

Review Source: Capterra


Ease-of-use

5.0

Value for money

5.0

Customer support

5.0

Functionality

5.0

March 2019

I Love the House Flipping Spreadsheet

This makes it easier to put an investors package together. They can see the numbers broken down in a proffesional way.

Pros

Its easy to use. Once you plug the initial numbers in, it automatically starts creating usable information.

Cons

Its less about the spreadsheet and more about the numbers in this business being complicated. Its a lot of information and i can get lost trying to figure out what section i need to use.

March 2019

Ramon from Real Estate

Company Size: 1 employee

Review Source: Capterra


Ease-of-use

5.0

Functionality

4.0

March 2019

House Flipping Spreadsheet Newbie Review

Very positive. I think great work was put into it and as a customer, I appreciate the one-time fee versus a subscription.

Pros

I like that the software is tailored to real estate investors and is generally simple to use. I typically use it to review numbers on a deal, but I have not maximized its use for documents and detailed rehab estimations. I do appreciate that these things are provided and refer to them from time to time.

Cons

I am not a fan of the load time though it is relatively quick for a spreadsheet. There have been some hiccups when trying to run various scenarios such as changing from a general rehab estimate on the overall numbers page to a detailed estimate. Messing with numbers has the risk of breaking the cells/formulas, but a restart usually solves the problem. The user interface is an 80 out of 100, but I am really liking the new software that is in development. Overall, the software is great, but because it is a spreadsheet and not a true stand-alone software it is not optimal.

March 2019

Botting, from House Buyers Florida

Company Size: 2-10 employees

Review Source: Capterra


Ease-of-use

3.0

Value for money

5.0

Customer support

4.0

Functionality

4.0

March 2019

Getting Dialed In

The rehab estimator lets us project our expenses and it keeps our contractors on notice that we know what things cost. If something goes over budget we can see why. Its powerful when you can show someone you're organized and accountable for your flips.

Pros

The scope of this software is impressive. From planning expenses for running your business to predicting business revenue years down the road HFS has it all. Rehab estimator? Check! Marketing budget planner? Check! Project management spreadsheet? Check! Its got all of these. You have to dive into it to take advantage of everything it does for a business. They have great video to help you learn it all.

Cons

There is a lot to learn. The scope of this software will overwhelm you if you don't take the time to learn each spreadsheet. The learning curve can be smoothed out by using the training videos.

March 2019

Anonymous

Verified Reviewer

Company Size: 2-10 employees

Review Source: Capterra


Ease-of-use

3.0

Value for money

4.0

Customer support

5.0

Functionality

5.0

March 2019

Best on the market, but with some flaws

I have had issues with it moving on the screen slightly. It will 'flicker' a few millimeters to the left and right and will not stop unless I move the mouse. I had to re-download the program for this to stop. IT is the best product I have found and I like the updates. IF there was a way to show the rent of the area, and have the spreadsheet compare the exits for selling or holding and renting, that would be a nice feature. Maybe even include depreciation costs.

Pros

Features are endless. Lot's of effort on design. It is a must have in the toolbox.

Cons

Bulky and seems to operate slowly. I most use the set-up and project analysis areas. If these were more sync'd it could make things faster as I am analyzing dozens of properties a day.