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Updated almost 9 years ago on . Most recent reply
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looking to add vaule
hello bigger pockets community.I am currently looking at homes to purchase. How can you tell if you can add an additional bedroom or bathroom to a property. How does one choose a property like this. All while keeping within budget, adding header beams and permits etc. Im looking for a home to flip and turn a profit. Im looking for the right deal. Ive been a buy and hold investor up to this point, now im looking to expand the tools in my tool belt with flips. Can anyone out there provide me with some direction.
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I usually look at 2 bedroom houses that have a lot of extra square footage. If you see a 2/1 that is 1,200 sq ft + I am guessing there will be enough space to add another bedroom somewhere or enough space to adjust the layout. Hopefully you can convert it into a 3/1.5 or 3/2 and increase the value significantly. Just one example of what I look for.