/Home Improvements
16 09, 2018

Immediate Action When Presented With Ice Dam

By |2018-09-15T12:48:27+00:00September 16th, 2018|Categories: Home Improvements, Investment Properties|Tags: |0 Comments

If you've found that one of your rental properties has an ice dam, you should take immediate action. First, remove the snow from that area of the roof, because it will remove one of the important ingredients for the formation of an ice dam. You can use a roof rake for this, but keep in mind it may damage the roofing materials. If water is literally flowing into the structure, you will need to deal with this immediately. Make channels through the ice dam lets the water stuck behind the dam to run off the roof. Warm up the ice

15 09, 2018

Well Water Maintenance You Can Probably Do Yourself

By |2018-09-15T12:37:18+00:00September 15th, 2018|Categories: Flipping, Home Improvements, Home Upgrades|Tags: |0 Comments

If you manage properties with water supplied by wells, there may be some well maintenance that you can do on your own. If you do regular maintenance, you may save yourself unnecessary repairs if you notice an element isn't working as well as it should. If you wait until it's broken, it may be significantly more costly. So, here's one of the main things you can do to save yourself time and money. Maintenance on the Pressure Switch You can find the pressure switch near the bottom of your pressure tank. This needs periodic maintenance, and without it, it's the

10 09, 2018

Mandatory Construction Codes In Georgia

By |2018-09-10T20:20:38+00:00September 10th, 2018|Categories: Construction Loans, Developers, Hard Money, Home Improvements, Home Upgrades, Investment Properties|Tags: , |0 Comments

Georgia has some mandatory construction codes that people have to follow for any structure built in Georgia. These are mandatory construction codes, whether local governments choose to enforce the codes of not. Each of the separate codes usually has a base code and a set of Georgia amendments to that base code. Mandatory Construction Codes In Georgia The following are the mandatory construction codes all builders must follow for any structure that is built in Georgia: International Building Code International Residential Code for One- and Two-Family Dwellings International Fire Code International Plumbing Code International Mechanical Code International Fuel Gas Code

24 07, 2018

What Types Of Borrower Requirements Are There For Hard Money Loans?

By |2018-07-24T16:10:26+00:00July 24th, 2018|Categories: Bridge Loans, Construction Loans, Flipping, Hard Money, Hard Money Loans, Home Improvements, Home Upgrades, Income, Investing, Investment, Investment Properties, Investments, Private Lending|Tags: , |0 Comments

Paces Funding is a professional hard money lender, so we have some very specific borrower requirements for hard money loans. Many are shocked to learn that there is actually no credit score requirement for borrowers to meet. Still, borrowers must complete an application. You also must have an executed contract for purchase. Other Borrower Requirements If you are applying for a hard money loan through Paces Funding, you'll need a detailed construction budget for the property from a contractor. If you are the contractor, that's fine, but we will still need a detailed construction budget. We also need to see

7 05, 2018

Houses With Solar Panels Sell For Up To 40% More Than Predicted

By |2018-05-07T13:00:27+00:00May 7th, 2018|Categories: Curb Appeal, Home Improvements, Home Upgrades, Investment, Investment Properties, Investments|Tags: , |0 Comments

If you're in the house-flipping business, you should know that people are willing to pay a lot more for a house with solar panels. Actually, first-time home buyers pay up to 40 percent more than predicted for entry-level homes with solar panels. Most of this stems from millennials yearning for greener amenities. They know that solar panels will save money in the long run. They find it advantageous not to have to have them installed. If they're ready to go when they move in, their energy bills go down right away. In sunny states, many homeowners can even sell off

21 04, 2018

Need A Fast Growing Shade Tree For Your Rental Property?

By |2018-04-21T19:49:01+00:00April 21st, 2018|Categories: Home Improvements, Investment Properties, Leasing Your Property|Tags: , |0 Comments

If you maintain rental properties, knowing which trees grow well and quickly can help increase the value of the property faster. Plus, a little planning can help lower the time you invest in property maintenance. The paper birch is one of the most beautiful and fastest growing shade trees you can plant in North Carolina. It doesn't require watering unless there is a serious drought. It also needs no special care. Plus, people find them intriguing and children love them. Winged elm trees grow extremely fast and only require watering during times of drought. It also has a distinctive look

6 04, 2018

2018 North Carolina Building Code

By |2018-04-06T21:17:13+00:00April 6th, 2018|Categories: Construction Loans, Hard Money, Home Improvements, Home Upgrades, Investment Properties, New Construction, New Home Development, Remodeling Tips|Tags: |0 Comments

The Building Code Council adopted the 2018 North Carolina Building Code at its quarterly meeting in June, 2017.  The 2018 North Carolina Building Code (Except Electrical) will go into effect no later than July, 2018, according to the state's website.  At that point, we'll see a minimum six month over lap where either the 2012 NC Code or the 2018 NC Code is acceptable. So, when is the new code fully active? According to the state's website, on January 1, 2019, the new code becomes the requirement. Meanwhile, the 2018 Electrical Code went into effect this month. "The Base Documents

27 02, 2018

Most Common Problems Identified On A Home Inspection

By |2018-02-27T13:14:11+00:00February 27th, 2018|Categories: Flipping, Home Improvements, Home Upgrades, Investing, Investment, Investment Properties, Investments, Rehab Loans|Tags: , |0 Comments

Have you ever wondered what the most common problems found by home inspectors are? Most problems are relatively easy to fix. So, don't let these be deal breakers if you find an otherwise good investment. Faulty wiring is common, but not usually a costly problem for an electrician. Often they find open junction boxes or wires without wire nuts. Easy fixes. Water on ceilings often terrify purchasers, but if it's caused by faulty plumbing, the repairs can be no big deal. Inspectors commonly find poor drainage causing basement leaks. That's not always hard to fix either. Bad gutters cause a

23 02, 2018

Don’t Ever Skip The Inspection On An Investment Property

By |2018-02-23T13:46:17+00:00February 23rd, 2018|Categories: Flipping, Foreclosures, Home Improvements, Home Upgrades, Investing, Investment, Investment Properties, Investments|Tags: |0 Comments

A home inspection fee starts at around $400 and goes up from there. A quality home inspection is critical, unless you are professionally trained to recognize even hidden damage in a structure. Sometimes you can't see roof damage, outdated electrical system issues, or a hidden water leak. These issues can become very expensive, very quickly. They can be costly, even if you are skilled at DIY home repair. A home inspector looks for proper grading away from the structure, leaks from the septic field, damage to exterior structures and landscaping issues. The inspector checks railings on stairs, notices if downspout

20 02, 2018

New To House Flipping? Spend An Hour With A Professional Interior Designer

By |2018-02-20T16:19:39+00:00February 20th, 2018|Categories: Home Improvements, Home Upgrades, Investing, Investment, Remodeling Tips|Tags: , |0 Comments

If you're new to house flipping, paying for a consultation with an interior designer might be a good investment. Typically, an hourly fee for a consultation from an interior designer is less than $100. In that hour, a designer will throw out a bunch of suggestions for changes they might make to a home you intend to flip. They have lots of ideas. Though they won't be able to design and implement the changes to your investment property in just one hour, the advice they provide during the consultation can help you get started on your own. They may suggest