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  • 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 […]

Home Water Treatment Systems: What REIs Need to Know

If you’re planning to turn a home into an investment property (you’ll be the landlord), you may want to give the water quality in your rental some special attention. In a time where local water supplies are being investigated in several municipalities, potential renters are making water safety a top priority when searching for homes. Installing a drinking water treatment system into your home can be a good investment (and it can give your renters with peace-of-mind).

When cleaning and staging your home, you may be focused on removing hard water stains from visible areas, which is good, but you need to take it a step further. It is highly probable that potential renters are turning the faucets on, letting them run, and even taking a drink.

There are many water maintenance systems that can be installed in a home to make water look and feel better, as well as safer. If the water in the home contains colors, odors, and sediment—a water softener will help—but it won’t remove bacteria or organic chemicals such as chlorine, pesticides and herbicides.  Here are some additional water treatment systems to consider when updating your home.
Ultraviolet Water Purification
Using UV light, this type of system disinfects water to reduce bacteria and viruses. It is important to note that it does not remove chemicals from water. There are single faucet and whole house installations available.
Distillation Systems
Adding a distillation system to your home allows for safer drinking water by a vaporization, sterilization, and condensation process. This process removes heavy metals, chemicals and bacteria and are available in countertop or tank methods.
Reverse Osmosis
Reverse osmosis systems are available for whole home or countertop installation. They are effective at removing chemicals, bacteria and viruses.

If you’re looking for […]

  • Evicting a Tenant From a Real Estate Investment Property
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    Evicting a Tenant When You’re Renting an Investment Property

Evicting a Tenant When You’re Renting an Investment Property

Evicting a tenant is not something a landlord looks forward to. If you’re like most real estate investors, you’re going to be faced with the decision to evict a tenant at some point in your career.

Let’s face it: eviction is a hardship for both parties, but unfortunately, it can be something that needs to happen so you can continue running your business.
Georgia Laws on Eviction for REIs
Each state has its own laws regarding the eviction process. Because we’re in Georgia, we’ll focus on the dispossessory proceedings of the Georgia rental code.

You’ll find that Georgia is not greatly restrictive with eviction laws, and there’s not much of a timeline to follow.

If your tenant is late with his or her rent, you can provide the tenant with a demand for possession as early as the day after their rent is due. This notice does not have to be written, but for most people, it’s best to communicate with tenants in writing.
How Long Do You Need to Wait for Payment?
There’s also no requirement for how long you’ll need to wait to get your rental payment, or for the tenant to move out, before you file for an eviction hearing. You’ll want to be fair to your tenant, but you could file for an eviction lawsuit as soon as you feel it’s necessary.

After the request for eviction lawsuit is filed with the court, you’ll need to wait on an order from a judge to evict your tenant.

The order for possession will allow the tenant seven days to move or pay.

If the tenant pays, you must accept his or her payment.
Do You Need Hard Money for an Investment Property in Atlanta?
If you’re looking for a hard money loan in […]