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FlipperForce is now part of Fund That Flip!
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Happy to share that Flipper Force has been acquired by Fund That Flip, a leading real estate fintech that provides fast, reliable funding for fix-and-flips and new construction projects!
What this means for you:
You have a new option for
fast, reliable capital to fund your real estate deals,
and we have the power and technology of Fund That Flip behind us to make FlipperForce even better.
The FlipperForce team, along with Fund That Flip, is committed to investing in and improving the functionality of FlipperForce. Joining Fund That Flip will enable us to scale our development and focus on bringing you product improvements and features faster than ever before.
We encourage you to check out Fund That Flip to explore how we have helped thousands of real estate entrepreneurs grow their businesses with access to fast, reliable capital, and to see how our financing options can help you scale.
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Investment Packet Enhancements
new
improved
Deal Analysis Reports
We added some new pages and revamped existing pages of the Flip Investment Packet and BRRRR Investment Packet so you can create professional investment reports for your business partners and lenders to get funding for your deals!
New Executive Summary Page
We added our new Executive Summary page to the Investment Packets so you can build a beautiful, photo-rich Executive Summary to showcase your house flip and BRRRR investment opportunities to your business partners and lenders! The Executive Summary provides a high level overview of the investment opportunity and financial results to quickly highlight why your partners and investors should lend on the deal!
Executive Summary
Revamped Financial Overview Page
We completely revamped our Financial Overview pages and added in new information about the project timeline, added in some new Financing Table about how much funding the project needs and even added a pretty new chart showing the % of project costs to ARV.
Financial Overview Page
New Project Capital Overview Page
We also added a new Project Capital Overview page that summarizes how much capital, funding and cash you'll need at closing and throughout the flip.
Project Capital Overview page
Revamped Property Info Page
We also made some slight design changes to the Property Info page and added in a new Structural Modifications table which shows any structural modifications you make to the property that alters the square footage or bed/bath counts.
Property Information page
New Calendar Filters For Managing Contractor Workloads and Scheduling Conflicts
improved
Project Scheduler
Project Calendar
We received feedback from a user that has 10 active renovations going on with the same contractors and they wanted to use the Project Calendar to manage their contractor workloads and plan for scheduling conflicts.
New Calendar Filters to Filter Gantt Tasks by Companies
We added new new filters to the Project Calendar so you can now filter Gantt Tasks by your Team Members and
Companies/Contractors
to manage their work loads and check for potential scheduling conflicts across all of your projects that you are working on.
Here's How it Works:
Example:
Let's say you have 10 house flips simultaneously under construction and you are working with the same painting crew on every project. Our new Calendar Companies filter will allow you to easily see when your painting crew is scheduled on each project so you can check to see if there are any scheduling overlaps or conflicts.
New Executive Summary Page
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Deal Analysis Reports
We just launched our new Executive Summary page to the Investment Packets so you can build a beautiful, photo-rich Executive Summary to showcase your house flip and BRRRR investment opportunities to your business partners and lenders!
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Photo Gallery
The Executive Summary offers a photo gallery where you can highlight the 6 best photos of the property.
(If you want to upload more photos, you can upload up to 25 photos on the dedicated Photos page.)
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Project Description
You can also write a project description to describe the scope of work and highlight the key benefits of the investment opportunity.
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Investment Highlights
The page also highlights the most important financial values like the projected After Repair Value, Profit, project timeline and COCR!
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New Structural Modifications Widget
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Platform
Some of our users' projects involve major renovations or additions that completely alter the property size and bedroom/bathroom counts.
We added a new Structural Modifications widget to the Property Overview page where you can document structural changes that affect the property's square footage and bedroom and bathroom counts.
Here's How it Works:
Examples:
#1 Finishing an Existing Basement Example
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#2 Building an Addition Example
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Property Information Sheet
All of this Structural Modification information feeds to the Property Information Sheet of the Investment Packets where it shows the existing structure and modifications you are making to the property.
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New "Assigned To" Column on Scheduler
improved
Project Scheduler
Previously, you could assign gantt tasks to Workspace Users and Contractors, but the Scheduler didn't display that information in the gantt table so it was hard to know if/who had been assigned to a specific tasks without clicking on the task.
New "Assigned To" Column
We added a new "Assigned To" column on the Project Scheduler so now you can easily see if/who you've assigned a gantt task to on your Project Schedule.
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Improved Compact Sidebar
improved
Platform
We made some improvements to our "compact" sidebar so you can collapse the sidebar to provide more viewing screen.
The collapsed sidebar has a new "flyout menu" so you can easily hover over the icons to select the tool you want to navigate to without expanding the entire sidebar.
Your sidebar settings also save so the menu will automatically collapse itself when you switch tools and change web pages.
Improved Compact View
BRRRR/Rental Analysis Settings
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Flip Analyzer/BRRRR Analyzer
Whenever you are analyzing a BRRRR deal you don't want to waste your time setting up the same assumptions over-and-over again for each new BRRRR deal that comes in the door.
We just launched our new BRRRR Analyzer Analysis Settings area where you can setup all of your commonly used analysis settings upfront, to save you time when you analyze BRRRR Deals using the BRRRR Analyzer tool!
Here's How it Works:
You can find your BRRRR Analysis settings in your profile dropdown menu in the top nav bar.
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Ability to Reorder Images on Investment Packet
improved
Deal Analysis Reports
We continue to launch new improvements to our property photos throughout the FlipperForce platform!
We just added in the ability to easily drag-and-drop to reorder your property photos that you upload to the Investment Packets!
Reorder Photos On Investment Pacckets
Easier User Invitations
improved
Platform
In case you weren't aware, you can invite team members to your workspace to help you collaborate on your projects in the software.
We made some new improvements to the User Management area to make it easier to invite users to your workspace and manage your existing user access.
New Resend Invites Option
Whenever you invite someone to your workspace they are automatically sent an email invitation, but sometimes the invitation lands in SPAM or the user deletes the invitation on accident.
We added a new option so you can resend invites to your team members!
Resend Invite
Copy Invitation Link
You also have a new option to copy the invitation link so you can copy the link and send the link to the team members yourself!
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