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  • DIY Upgrades You Can Do Cheap - ATL Hard Money
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    5 DIY Upgrades That Could Help You Sell Your Investment Property

5 DIY Upgrades That Could Help You Sell Your Investment Property

You should always work with a team of professionals for major upgrades to any investment property, like plumbing and electrical work… but there are dozens of things you can do yourself to add style to the house you’re selling and appeal to a wide range of buyers.
4 DIY Upgrades to Help You Sell Your Investment Property
Easy Upgrade #1: Carved Corbels Beneath Bars
If the home you’re selling has a breakfast bar, make it a little fancier by adding carved corbels beneath it. It’s something so subtle that people won’t notice them directly—but they will notice the added panache the whole bar has.
Easy Upgrade #2: Chandeliers in Unexpected Places
Hang a chandelier—a simple one—in the laundry room. Put one in the master bedroom. People love seeing surprise sophistication in unexpected places.
Easy Upgrade #3: Wall Hooks in Convenient Places
It’s simple but surprisingly attractive: add wall hooks above the kitchen counter that add convenience and style that buyers will love. They can use them for towels, mugs, or anything else—and you can find them and install them yourself.
Easy Upgrade #4: Fit the Sink With a Built-In (Kind-Of) Cutting Board
Give buyers extra food prep space by fitting an under-mount sink with a cutting board. Trim a piece of butcher block to the right size, and then create a lip around the bottom of it so it rests on the edges of the counter around the sink.
Easy Upgrade #5: Put Up Natural Fiber Window Coverings
Rather than everyday blinds or worse, no window coverings at all, hang natural fiber window shades. Added bonus: they help insulate windows.
Do You Need a Hard Money Loan in Atlanta?
If you need funds for an investment property, we may be able to help you. Call us at […]

5 MORE Hot Home Design Trends for 2017

You thought we covered it all in our last post, 5 Hot Home Design Trends to Help You Sell Your Investment Property… but we’re back with five more great tips your buyers will love.
2017’s Hottest Home Design Trends (Part Two)
2017 Home Design Trend 1: Vanities
Vanities are back in, but there’s a twist: only different vanities (read: not the kind your grandmother had) will do. Vintage pieces make great vanities and lend a spa-style ambience to bathrooms with claw-footed tubs.
2017 Home Design Trend 2: Steel and Glass in the Shower
Steel and glass are the “it” thing for those spa-style bathrooms. A walk-in shower with floor-to-ceiling steel-and-glass walls are the right way to go to appeal to modern, trendy buyers.
2017 Home Design Trend 3: Accent Walls With Decorative Painting
Rather than choosing a color that’s a few shades darker for an accent wall, like most people do, try a marbleized wall. Maybe a wall that looks like brushed aluminum… or maybe even something more bold.
2017 Home Design Trend 4: A Real Docking Station
The need for home offices is dwindling, although they’re still in wide use. The thing now, though, is a recessed space in a wall with shelves, drawers, and USB ports built right into the wall so anyone can grab a spot and start working
2017 Home Design Trend 5: Finished Garages
You don’t have to completely finish a garage, but it does help if the walls aren’t showing studs or unpainted drywall. Add brick near the foundation and some molding above it to appeal to buyers who like a more upscale look.
Do You Need a Hard Money Loan in Atlanta?
If you need funds for an investment property, we may be able to help you. Call us at […]

5 Hot Home Design Trends for 2017

The hottest trends in home design just may be what makes your investment property sell faster—and for more money—this year.
5 Hot Home Design Trends for 2017
Design Trend  #1: Built-In Bars
Last year it was the bar cart; this year it’s actual, built-in bars. Shelving for cocktail accessories, glasses, and even bottles is becoming increasingly popular.
Design Trend #2: Colored Refrigerators
If you’re selling your investment property with a fridge included, spring for a 1950s-style refrigerator in a bright, bold color.
Design Trend #3: Creative Tile Backsplashes
While square backsplashes have been a “thing” for quite a while now, this year other geometric shapes are in. You can choose a few harmonious colors or—if you’re extra bold—colors that match the colored refrigerator you’re adding.
Design Trend #4: Wall Tile in the Kitchen
Think bigger than a backsplash and tile at least one wall of the kitchen. It’s easy on the eyes… and easy to clean, which makes it a big bonus for hip homebuyers this year.
Design Trend #5: Marble, but in White or Gray
Forget the dark marble countertops of yesteryear and modernize with white or gray marble. People are even choosing it for serving platters, tabletops, and other home accessories, which is a testament to its popularity.
Do You Need a Hard Money Loan in Atlanta?
If you need funds for an investment property, we may be able to help you. Call us at 404-814-1644 or send us a note. You can also apply for a hard money loan online.

In the meantime, read our FAQ, learn about the hard money loan process and see if you meet our criteria. We’ll be happy to help you if you qualify.

 

  • improve the value on your investment property - hard money atlanta
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    Increase Your Investment Property’s Value With These 3 Great Upgrades

Increase Your Investment Property’s Value With These 3 Great Upgrades

Our last two posts on improving the resale value of your investment property were both really popular, so we’re adding a final installment in the series. (You can read the first two here and here.)
3 Amazing Upgrades You Can Make to Your Investment Property
Upgrade Tip #1: Put Drawers Between Wall Studs
You don’t have to take up any space inside a room when you install drawers (quality drawers with good tracks!) between wall studs. The key, though, is making sure that the drawers are built to last.
Upgrade Tip #2: Add Pull-Out Stools to Kitchen Islands
Everyone wants to sit at a kitchen island, but really, who has the room in the kitchen for chairs (or the desire to lug chairs back and forth from another room)? Installing stools on hinges solves that issue and provides a really cool feature that buyers will find practical, too.
Upgrade Tip #3: Do Something About False Drawers
Add an outlet behind a false drawer, or turn it into a shortened, angled drawer. This works in bathrooms and kitchens, which makes it a brilliant idea to make use of otherwise wasted space.
Do You Need a Hard Money Loan in Atlanta?
If you need funds for an investment property, we may be able to help you. Call us at 404-814-1644 or send us a note. You can also apply for a hard money loan online.

In the meantime, read our FAQ, learn about the hard money loan process and see if you meet our criteria! We’ll be happy to help you if you qualify.

 

 

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    Hiring a Top Producer Real Estate Agent to Sell Your Investment Property

Hiring a Top Producer Real Estate Agent to Sell Your Investment Property

As an investor, you know how important it is to have a team of professionals by your side.

But how, exactly, do you find a Realtor® who understands how to sell investment properties and who can market aggressively to get yours sold?
How to Interview Top Producer Real Estate Agents
Let’s face it: Top producers aren’t sitting around waiting for you to call and interview them. They’re also not likely to chase your business.

They’re top producers for a reason, and that means if you want to work with them, you’ll have to make some time to conduct some interviews.

Here’s what you ask:

What’s your average list-price-to-sales-price ratio? Every market is different, so take that into consideration (some of the suburbs of Atlanta are prime examples of this). A good agent will have a record of negotiating sales prices that are close to list prices, though.
What can you do to put this house in front of the right buyers? You’ll need to know about how they’ll market, where and how often they advertise, and how they attract buyers online.
Can I see your references? (You can skip this one if the agent has several online reviews, which you can sift through to get the information you need.)
Do you offer a guarantee? Find out whether there’s something you can do if you’re not happy with the way things are working out, and determine what the agent’s company’s policy is about cancelling agreements.

Do You Need Hard Money for an Investment Property in Atlanta?
If you’re looking for a hard money loan in Atlanta, we may be able to help you.

Call us at 404-814-1644 or contact us online to find out whether you might qualify for this type of funding. In the […]

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    4 More Cost-Effective Improvements You Can Use to Improve Your Resale Value

4 More Cost-Effective Improvements You Can Use to Improve Your Resale Value

Our last post on home improvements you can make to improve your resale value was incredibly popular, so we’re back with four more great ideas you can implement for very little cost… and maximize your return on investment.
4 Great Home Improvements You Can Make to Up Your Resale Value on an Investment Property
Home Improvement Tip #1: Add Dutch Doors
People love Dutch doors, whether they have kids, pets, both, or neither. No matter how you look at it, they’re a cool addition to a house—and if you’re already replacing or adding a door, this is a little touch you can use to make a huge difference.
Home Improvement Tip #2: Carve Out a Built-In Shelf
If there’s a long, sort-of awkward hallway with plenty of empty space, it may be a good idea to knock out part of the wall and install a built-in shelf. It’s particularly helpful when all you see is an expanse of blank, white wall on one side.
Home Improvement Tip #3: Add a Sun Tunnel
It’s not a full-fledged skylight, but it’s not a hole in the roof; it’s a sun tunnel. It’s a small, circular window in the roof that adds natural light to even the darkest spaces.
Home Improvement Tip #4: Put in Recessed Outlets
In some areas, recessed outlets are better than standard ones; in the living room, for example, people want to push a shelf up against the wall. While you’re installing recessed outlets, choose outlets that have built-in USB ports.
Do You Need a Hard Money Loan in Atlanta?
If you need funds for an investment property, we may be able to help you. Call us at 404-814-1644 or send us a note. You can also apply for a hard money loan online.

In the meantime, read […]

Commercial Loans vs. Residential Loans

The differences between commercial and residential loans may seem cut-and-dry, but they’re not always obvious. Determining which type of loan you require can be confusing at times, and being prepared before you speak with a lender may save you some time.

Residential mortgage loans are intended for properties that have one to four family units. Anything above that, or a property intended solely for business (not a dwelling), falls under a commercial loan.

When you require a residential loan, your personal income, debt and ability to repay a loan are reviewed before you’re approved for a mortgage. If you need a commercial loan, the property itself is evaluated for past income and expenses. This usually requires a few years of historical figures. Your lender will want to see the income that can be generated from the building, compared to what will be owed.

It is important to note that if you’re interested in obtaining a residential loan, and wish to put it under the name of a limited liability company (LLC), you may not be able to. Lenders are under strict guidelines as to which type of loan they’re able to offer an LLC. There may be an opportunity to transfer at a later time, but you would need to consult your attorney or lender.

If you’re looking for a hard money loan in Atlanta, we may be able to help you.

Call us at 404-814-1644 or contact us online to find out whether you might qualify for this type of funding. In the meantime, check to ensure that you meet our loan criteria. Our loan amounts can be up to 65 percent of the after-repaired value of the collateral—and if you use the loan for renovation or construction, the loan amount […]

Should You Hire a Property Manager?

There’s no denying that real estate investing can be profitable (if you’re good at it), but there’s usually a lot of blood, sweat and tears involved. If renting homes is your thing, but you find that you’re just not into unclogging toilets, or don’t have the knack for finding the perfect tenants, should you throw in the towel? If so, you may want to consider hiring a property management company.

If you’ve invested in multiple properties or are just simply making enough money (that’s the goal, right?), hiring a company to take some tasks off your plate may give you some time to look into future investments. So, how do you find the perfect property manager? Here are some questions you can ask them:

What are your fees? Do you charge a monthly rate and are there additional fees for things like finding tenants?

Some companies will charge a flat monthly fee even if your property is left vacant. Others, get paid a percentage of the rent collected.

Are you licensed and insured?

You’ll want to make sure the company is licensed and insured in case of legal or liability issues.

How do you vet prospective tenants?

Make sure their requirements include background and credit checks, as well as payment histories, so you don’t end up with tenants who don’t pay.

What is the best way a tenant can reach you?

Having an accessible property management company is necessary for a healthy relationship with tenants. They’ll need to know they can reach out when issues arise.

How can I end our contract?

If you find that your management company is not working out properly, you should be able to move on. Read the contract thoroughly before signing to make sure […]

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    Cost-Effective Improvements to Help You Sell Your Investment Property

Cost-Effective Improvements to Help You Sell Your Investment Property

Real estate investing is all about maximizing profit, but to do that, you have to know where you can afford to save money… and where you can’t.

With that said, therea re a handful of things you can do to help improve your resale value—and these are some of the most successful we’ve found.
3 Cost-Effective Fixes to Improve Your Resale Value
Improvement Tip #1: Don’t Use Cheap Finishes
We’ve talked about how cheap finishes can kill your sale, but there’s a little more to it than just looks. You’ll need to invest in quality—not just attractive (but still cheap) finishes.
Improvement Tip #2: Hide an Ordinary Concrete Foundation
While this doesn’t change anything about the structural integrity of the house, adding bricks or even stone veneer can make a huge difference in the way potential buyers see the home.
Improvement Tip #3: Add a Window Seat
If there’s a spot where the views are great (or there’s a window—either way), think about adding a window seat to create a really attractive spot in the house. People like to think about relaxing, even if they don’t do it often enough, so this little adjustment can go a long way.
Do You Need a Hard Money Loan in Atlanta?
If you need funds for an investment property, we may be able to help you. Call us at 404-814-1644 or send us a note. You can also apply for a hard money loan online.

In the meantime, read our FAQ, learn about the hard money loan process and see if you meet our criteria! We’ll be happy to help you if you qualify.

 

  • 3 Easy Upgrades to Make Before You Sell an Investment Property in Atlanta - Hard Money Lender
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    3 Easy DIY Updates to Make Before You Sell an Investment Property in Atlanta

3 Easy DIY Updates to Make Before You Sell an Investment Property in Atlanta

As a real estate investor, you know how important it is to make high-quality upgrades and improvements without spending a fortune—and sometimes that means doing the work yourself.

Some of the best improvements you can make are in kitchens and bathrooms.
3 Easy DIY Updates to Make Before You Sell an Investment Property in Atlanta
Little improvements that pack a big punch are what you’re looking for, so check out these three DIY updates that can pay off at the closing table.
DIY Update #1: Add a No-Touch Faucet to the Kitchen
You can find amazing no-touch faucets between $75 and $200, and because the kitchen already has plumbing, you can DIY the installation without taking a big risk.
DIY Update #2: Drawer Pulls and Cabinet Handles
Modern drawer pulls and cabinet handles can go a long way in improving the way people feel about a house. For less than $50, you can redo all the handles in an entire kitchen to give it a fresh, new look.
DIY Update #3: Throw Out Fluorescent Lights in the Bathroom
Fluorescent lights are no good anymore; nobody wants them. Swap out old fluorescent bulbs (in every room, actually) and replace them with long-lasting LEDs that you can tell buyers will contribute to the home’s energy efficiency profile.
Do You Need Hard Money for an Investment Property in Atlanta?
If you’re looking for a hard money loan in Atlanta, we may be able to help you.

Call us at 404-814-1644 or contact us online to find out whether you might qualify for this type of funding. In the meantime, check to ensure that you meet our loan criteria. Our loan amounts can be up to 65 percent of the after-repaired value of the collateral—and if you use the loan for renovation or […]