Are you a fix and flip investor getting ready to rehab? Or a BRRR Method investor who does a little of all the strategies? A floor plan is a great place to start. Creating a floor plan typically requires measurements, expertise, and a lot of your time, but we have a low cost, user-friendly solution: MagicPlan.
Marketed as the "Floor Plan Creator for Everyone," MagicPlan allows users to take photos of the corners of each room in the house, and then use a smart phone or tablet to assemble a floor plan without using any measuring tools. Using Augmented Reality technology, the app provides accurately measured floor plans and enables users to edit, duplicate rooms, and export floor plans to PDF, JPG, HTML, and DXF formats. Plus, once you have your floor plan, MagicPlan will automatically compute the required amount of materials like paint or flooring and give you pricing estimates.
For FREE, users can take advantage of the floor plan creator, and can upgrade to create estimates and unlimited exports for just $2.99 per plan. MagicPlan also has monthly and annual subscriptions to fit your rehab needs.
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Related: Guide to Fix & Flip Loans for Beginners, 5 Tips for Selling Your Investment Property for Top Dollar Fast