AngieJohnston

/YSNM Support

About YSNM Support

This author has not yet filled in any details.
So far YSNM Support has created 220 blog entries.
13 07, 2019

Built-In Bathroom Storage: What You Need to Know for Your Flip

By |2019-06-23T17:54:13-04:00July 13th, 2019|Categories: Hard Money, Home Improvements, Home Upgrades|Tags: , , , , |0 Comments

When you're flipping houses for a living, you already know that it's your job to deliver on what buyers want. And right now, that's bathroom storage. Built-In Bathroom Storage: What You Need to Know for Your Flip Built-in bathroom storage helps sell houses. Space is at a premium in these rooms, which are typically the smallest in the house, and buyers are always looking for ways to get the most out of what they have. Rather than investing in a walk-in shower and a luxury tub (although those can be huge money-makers for investors, too), think about adding built-in storage

10 07, 2019
  • 3 Must-Haves for Your Flip's Bathroom

3 Must-Haves for Your Flip’s Bathroom

By |2019-06-23T17:54:00-04:00July 10th, 2019|Categories: Hard Money, Home Improvements, Home Upgrades|Tags: , , , , , |0 Comments

If you're buying and selling homes, you already know that you have to deliver what buyers really want  - and when it comes to bathrooms, there are three things that every buyer is looking for right now. Check out this list of must-haves for your flip's bathroom. 3 Must-Haves for Your Flip's Bathroom Buyers go crazy for: Elegant tile Layered lighting A customized shower stall Let's take a closer look at each. Elegant Tile Every type of flooring definitely has its place in your flip - but if you're going to spring for elegant tile, do it in the bathroom.

7 07, 2019
  • Should You Buy a Rental Property - Paces Funding Hard Money Loans

Should You Buy a Rental Property?

By |2019-06-23T17:53:49-04:00July 7th, 2019|Categories: Hard Money, Investing, Investment, Investment Properties, Investments|Tags: , , , |0 Comments

Hanging on to a property and renting it out can be a tremendously profitable endeavor - but should you try it? Maybe. Here's what you need to know. Should You Buy a Rental Property? Flipping houses - the process of buying an affordable home, fixing it up and selling it for a profit - isn't for everyone. It's a bit too risky for some, although it can pay off to the tune of tens of thousands if done properly. But buying a rental property might be a good choice. If you're going to be a landlord, here's what to look

4 07, 2019
  • Investors Are Buying Huge Parts of the Housing Market - Here's What You Need to Know - Paces Funding

Investors Are Buying Huge Parts of the Housing Market – Here’s What You Need to Know

By |2019-06-23T17:53:37-04:00July 4th, 2019|Categories: Hard Money|Tags: , |0 Comments

Investor purchases of U.S. homes are at an all-time high right now. In fact, more than 11 percent of all purchases were made by private-equity firms, speculators and flippers during 2018 - and that's as high as it's ever been, according to CoreLogic, who released the study with this information. Why Are Investors Buying So Many Properties? Demand for rental properties keeps increasing - in part because the rental market is thriving. With more people being unable to come up with down payment cash or unwilling to lock themselves into buying a home they're not sure they can afford, investors

1 07, 2019
  • Smart Renovations - What You Need to Know - Paces Funding

Smart Renovations: What You Need to Know

By |2019-06-23T17:53:26-04:00July 1st, 2019|Categories: Hard Money, Home Upgrades, Remodeling Tips|Tags: , , , , |0 Comments

When you take out a hard money loan to flip a house, you know you'll be making improvements and renovations - but you have to choose wisely, or your entire profit will get eaten up by the things you add to the space. So how do you figure out which renovations are smart ones, and which ones are a waste? Here's what you need to know. What Are Smart Renovations? Smart renovations are those that bring you the most "bang for your buck." You probably don't want to gut a kitchen and put in all marble countertops, energy efficient appliances,

28 06, 2019
  • What if You Try to Flip a House Without Understanding the Market - Paces Funding

What if You Try to Flip a House Without Understanding the Market?

By |2019-06-23T17:53:14-04:00June 28th, 2019|Categories: Flipping, Hard Money|Tags: , , |0 Comments

If you're thinking about diving into house-flipping, we have a word of caution for you: Don't do it unless you've done your homework. Here's what we often see go wrong with first-time flippers. What if You Try to Flip a House Without Understanding the Market? Flipping a house without doing your homework can be disastrous. Here's why: If you buy a house without understanding the real estate market around it, you won't know if you're really getting a good deal. In order to make a solid profit, you'll need to buy the property below market value, minus the cost of

24 06, 2019
  • What is the 70% Rule in Flipping Houses

What is the 70% Rule in Flipping Houses?

By |2019-06-23T17:53:00-04:00June 24th, 2019|Categories: Hard Money|Tags: , , , |0 Comments

If you've been involved in investing for a while - or if you've been doing plenty of research on flipping properties to make some cash - you've heard of the 70 percent rule. But what is it, and how do you figure out how much it is? What is the 70% Rule in Flipping Houses? The 70 percent rule says that an investor should pay 70 percent of a property's after-repair value, or ARV, minus the repairs necessary. 70% Rule: Examples So let's say a home's ARV is $200,000 and it needs $50,000 in repairs and upgrades to make it

23 06, 2019
  • Should You Apply for a Conventional Loan on an Investment Property?

Should You Apply for a Conventional Loan on an Investment Property?

By |2019-06-23T17:49:41-04:00June 23rd, 2019|Categories: Hard Money|Tags: , , |0 Comments

If you're buying an investment property, you have a couple of options for funding - and one of them is a hard money loan. Hard money loans are different from conventional loans, which require you to have a good enough credit history, a borrowing history and a certain debt-to-income ratio. So should you apply for a conventional loan to buy an investment property? Here's what you need to know. Should You Apply for a Conventional Loan on an Investment Property? A lot of investors choose to use hard money instead of conventional loans. It's not that there's anything wrong with

17 01, 2018

What is Home Staging?

By |2018-01-17T13:00:49-04:00January 17th, 2018|Categories: Hard Money|0 Comments

If you’re selling a flipped house, whether you’ve already gotten a hard money loan or you’re just thinking about branching out and making an investment, you always need to look at the big picture – and part of that is considering home staging. What is Home Staging? Home staging is the act of setting up a house you’re trying to sell so it’s as appealing as possible to potential buyers. You want buyers to walk in and envision themselves living there – and to do that, the house has to be (at bare minimum) spotlessly clean. You’re a house-flipper, so

14 01, 2018

What is the 70% Rule in Real Estate Investing?

By |2018-01-14T13:00:17-04:00January 14th, 2018|Categories: Hard Money|0 Comments

If you’re interested in flipping houses, you’ve probably heard of the 70 Percent Rule – but what is it, and how does it apply to you? What is the 70% Rule? The 70 Percent Rule is a pretty common term among real estate investors. It refers to a way to determine what price you should pay for a house and the costs of rehabbing it in order to make money. Typically, under this “rule,” an investor should pay about 70 percent of the house’s ARV, or after-repaired value) of a property, minus the repairs. Let’s say a house’s ARV is