Fiddling around with the walls and room sizes can throw a house out of balance! For example, changing a two bedroom house to three bedrooms likely means more people will live there. You might need more heat, cooling and electrical circuits. The bathroom and kitchen may be too small for larger families. Just one change could have a ripple effect. If you need more power and more heat, those things could easily cost more than any benefits you’ll gain.
Fixing for money is not remolding, so don’t try to be a remodeler! Like I always say, you wouldn’t be happy with the money they earn. Playing house and remodeling tends to go together. Things like splitting up big rooms to gain an additional bedroom or dining room – also, making the kitchen bigger, expanding the bathroom or changing the hallway around seldom pays off. If you’ll stop to think about these schemes, they are generally a matter of preference of taste! More often than not, two people could never agree on rooms or configurations anyway. You’ll be money ahead if you keep things simple! Leave the house alone and simply clean it up and fix, what needs fixing!
My home study course; REAL ESTATE INVESTOR TRAINING – Will guide your fix-up room by room. Regarding what fix-up pays you back – higher rents or higher sale price. Visit www.fixerjay.com …educational products.