Version 11.3.1:
The following features were added or modified.
July 16, 2008 |
- Added down payment button for ease of use.
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- Various formatting changes.
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Version 11.3.0:
The following features were added or modified.
February 22, 2008 |
- Expanded the entire Flipper software to cover up to
24 months
of monthly activity.
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- Updated the rehab costing estimates.
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- Added "Pay Monthly" or "Accrue" feature to loan
payments.
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- Added "Finance Rehab Costs" or "Pay Rehab Costs as
Incurred" feature.
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- Executive Summary significantly enhanced.
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- Taxable income analysis expanded and simplified.
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- Partner schedule modified to allow for preferred
return for limited partner or managing partner.
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- Partner presentation
schedule
improved.
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- Goal seek feature modified to solve for cash
profit rather than cash-on-cash goal.
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- Cash flow report significantly modified to
simplify flip profit calculation and reporting.
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- Updated the PDF software to the latest version
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Updated for the 2008 tax laws.
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- Graphs and charts modified.
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Version 11.2.1:
The following features were added or modified.
April 16, 2007 |
- Fixed minor print issue from 11.2 release
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Version 11.2:
The following features were added or modified.
March 15, 2007 |
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Version 11.1.4:
The following features were added or modified.
January 27, 2007 |
- Modified the Budget &
Tracking Report to include a note and comment section.
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Version 11.1.3:
The following features were added or modified.
September 26, 2006 |
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Changed PDF capability to print reports as one PDF file instead of multiple PDF
files.
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Version 11.1:
The following features were added or modified. April
28, 2006 |
- Added "Budget & Tracking" screen. Enter actual
project costs and compare them to the budgeted amounts for over /under
variance. Calculate actual Cash on Cash return during and upon project
completion.
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- Significantly modified how Cash on Cash Return is
calculated. Rehab project costs are now considered part of your
"investment" and is in the denominator of the formula as rehab
expenses are incurred. The result is a more realistic and
understandable return calculation.
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- Negative numbers are now conditionally formatted to
turn "red."
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- Eliminated Internal Rate of Return calculation since
most calculated percentages were too large to be
meaningful.
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- Toggle button added to hide or add columns as needed
on the main cash flow report. Any number of months can be
presented up to the 12 months instead of having to show the entire 12
month projection.
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- Updated manual to reflect 11.0 & 11.1 new features.
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- Eliminated the third mortgage option to make the
input easier and less "noisy."
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- Added "Excess Borrowings over Original Cost (if any)"
line on report to account for when debt is borrowed greater than cost
such as to pay for rehab expenses.
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Version 11.0:
The following features were added or modified.
VIEW TUTORIAL |
- Added detailed rehab expense input
screen with national averages for costing & budgeting
purposes. User has choice of using summary or
detailed input screens.
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- Extensive home inspection checklist
added.
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Added significant
Goal Seek/Sensitivity Analysis functionality.
Solve backwards for purchase price,
sales price and maximum rehab expenses that
can be incurred to meet Cash on Cash return goal.
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Added free PDF print writer.
Install this software to easily print, save or email
reports in PDF format.
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Added Print Menu for
central source to print any or all of the program's
reports.
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TESTIMONIAL
"Doug:
The Flipper 11.0 is great! We love the new detailed rehab
costing screen you added, and the new home inspection report. We
really like being able to modify it and the ability to add a few
items of our own. We haven't had a chance to use the new
goal-seeking yet, but since we usually know what the rehab cost
is and what the market will bear when we go to sell, being able
to solve backwards for what we should pay for the property is
exactly what we need."
Johnson Harris
Ann Arbor, MI
Read more Testimonials |
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Version 10.20:
The following features were added or modified. |
- Improved formatting on certain
reports.
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- Added partnership schedule
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Version 10.0:
The following features were added or modified. |
- Added
detailed rehab schedule
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- Updated the User Guide to
6 x 9 format.
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Version 9.5: The
following features & reports were added or modified. |
