'84 Peugot turned into SS
So my brother gives me his old bike. I've been wanting to get a fixer for training and just riding around. So without any further waste of time, I did the first thing I could do which was turn it into a SS. Off go the shifters etc. and I resized the chain. Not too bad for a newbie. Lined the chain up on the small ring in front and then the aligned to a cog in the back. I don't know teeth yet. Ok that's where Im' at now.
I want to turn this into a fixie..So unless I'm mistaken, please tell me so if I am, I need a new rear wheel or more specifically a new rear hub relaced to the rim and a new set of cranks? Since i'm new I'm going to leave the breaks on for now. Until I can learn how to stop without killing any dogs : )
So am I close on what I'll need?