Thoughts on a fix-n-flip: Creating A Plan Before Invest

Recently, a friend and I were considering purchasing a fix-n-flip. The home was built in 1950’s but still had good bones. The sellers had lived in the home, located on 5 acres just south of Denver, for nearly 40 years. Like most people when you live in a home that long you accumulate a lot of stuff. Well this place had 2 large garages, a barn and a separate living area full of stuff. In addition, the home hadn’t been remodeled on any level since the 70’s.

That makes my head spin with the possibilities to bring the old bones back to life. I find great joy in taking something that is in taters and breathing new life into it.

We did our due diligence using the tools on Home Renovation Hub. The home has a small footprint given today’s standards. Coming in at just under 1400 sq. ft. the old home needed to grow a little. Using the design tools on Home Renovation Hub I created a plan for how we could gain space without growing the footprint of the home. Initially I thought let’s take the garage and build a new garage to the west side of the home. That will give us another 500 sq. ft. Problem is the garage was on a different level from the rest of the house meaning we would need to either pour a new slab on the same level as the home or build the floor up with treated lumber to match the flooring. Neither one was a solid option after reviewing where gas lines ran, location in the fireplace and cost associated with bringing the garage floor up and adding a new garage.

If one is looking for a well known hardwood flooring Utah company to help with floor installation in budget, Workman Flooring will be a good choice. Get the option to talk to the right people or contractors who can assist in remodeling the house properly

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