Your floor plan is arguably as important as the house you’re buying, building, flipping, or renovating. With today’s homebuyers looking for open spaces, natural light, and modern design, your floor plan can make THE difference when you put your house up for sale. So what should a new house flipper or home renovator look for when walking a potential property? And what red flags can you spot at first glance that could cost you tens of thousands during a fast-paced rehab? We asked James Dainard, a fifteen-year flipping veteran in the Seattle area, to explain how he designs the perfect floor plan for his renovations. He touches on the three things you MUST pay attention to before putting your plan in place and how to look at comparable sales in the area to maximize the bang for your buck. Renovations can go over budget quickly, and if you’re not designing your property to make the most, you could be left in the red when a rehab is finished. Even if you’ve never designed a floor plan before, James’ tips will help you make use of wasted space and open up your property to enhance its natural features while helping your bottom line. You don’t have to be an architect or engineer to take some of these tips to heart, so stick around!
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