Hard Money lender in lending money in the Atlanta , GA as well as Florida and North Carolina

27 04, 2020

Couple Uncovers Hidden House Feature During Renovation

2020-05-09T09:12:57-04:00April 27th, 2020|Categories: Cleaning, Hard Money|Tags: , , , , , |

Home renovations uncover lots of things—some good, some bad. As a house flipper you know this firsthand. So when a Wisconsin couple unearthed a hot tub hidden beneath their home office they knew there was a chance they could end up in hot water—in a good way. The presence of the hot tub did not come as a surprise to homeowners Mark and Jenny Ronsman. The home’s previous owner had given them a heads-up. “The elderly woman who sold us the house said they got older and stopped using it,” Mark said, according to Yahoo News. “So they converted it

22 04, 2020

Red Flag Flips: Signs That You May Need to Skip a Flip (Part 2)

2020-05-09T09:09:47-04:00April 22nd, 2020|Categories: Hard Money|Tags: , , |

Don’t let the profit potential of a flip cloud your better judgement. A property that appears to be a financial homerun could wind up being a money pit if you’re not careful. Beware of these red flags that may mean you need to skip a flip. A Substantial Price Drop The house you’re currently considering was initially a little overpriced, and for that reason you passed it up. A modest price drop of a few thousand dollars helped renew your interest. No red flags there. But when the price of a property is severely discounted, for instance by the tens

16 04, 2020

Red Flag Flips: Signs That You May Need to Skip a Flip (Part 1)

2020-05-09T09:09:14-04:00April 16th, 2020|Categories: Flipping, Hard Money|Tags: , |

While you’re in the flipping business to make money, profit potential shouldn’t be your only consideration when deciding whether or not to purchase a property. Beware of these red flags that may mean you need to skip a flip. Lots of Homes for Sale in the Neighborhood If there are lots of homes on the market in the neighborhood it could simply be happenstance, or it could be a red flag that a larger issue is at play. Perhaps land nearby is going to be purposed for something that homeowners don’t want to live near, like a commercial development, or

11 04, 2020

The Popularity of Porches: Trends Show Why Your Flip Needs One

2020-05-08T23:31:53-04:00April 11th, 2020|Categories: Flipping, Hard Money|Tags: , , |

Nearly 65 percent of new single-family homes built in the U.S. in 2018 had porches, according to data from the National Association of Homebuilders (NAHB) and the U.S. Census Bureau. In what part of the country were porches most common? In the East South Central. Ninety-four percent of single-family homes built in the East South Central division, which includes Tennessee, Kentucky, Mississippi, and Alabama, were built with porches. Seventy-four percent of newly-built homes in the Mountain division (Arizona, Colorado, Idaho, Montana, Nevada, New Mexico, Utah, and Wyoming) had porches. In the Pacific division, which includes California, Washington, Oregon, Hawaii, and

6 04, 2020

Why Copper Surfaces May Help Sell Your Flip

2020-05-08T23:31:19-04:00April 6th, 2020|Categories: Flipping, Hard Money|Tags: , |

Copper obviously plays a critical role in plumbing, but it’s becoming an increasingly appealing choice in interior design due to its nature as a germ repellant. According to a recent study published in the New England Journal of Medicine, copper and its alloys like brass and bronze have antimicrobial properties that have been proven to kill more than ninety-nine percent of bacteria within two hours of exposure. Copper has the ability to continuously sanitize its surface and destroy germs like E.coli, MRSA, and Norovirus. The antimicrobial benefits of this metal can be an added selling point for potential homebuyers who

1 04, 2020

Why Your Flip Needs a Deck, Porch or Patio

2020-05-08T23:30:47-04:00April 1st, 2020|Categories: Flipping, Hard Money|Tags: , , , |

Buyers love outdoor spaces, whether the space is a place for an indoor party to flow outside, a spot to enjoy a morning cup of coffee, or a perch to wave at passersby—many buyers see outdoor spaces as extensions of indoor living. For your next flip consider the benefits. Decks A deck is a great selling feature. It’s a space to have coffee and read the paper, to partake of scenic views, and to unwind with an evening of stargazing. When hosting indoor parties or get-togethers homeowners can open the doors leading to their deck and let guests step out

27 03, 2020

What is a Jungalow?

2020-03-12T02:39:54-04:00March 27th, 2020|Categories: Hard Money|

When you're trying to please prospective buyers and create a home that they'll love - or when you're trying to bring in renters - you know that the best thing you can do is stay up to date on the latest trends. Right now, there's a big trend toward jungalows. But what is a jungalow, and what does it mean to you as an investor? What is a Jungalow? A jungalow - it's a new-ish term - is a combination of jungle and bungalow. It's a fusion of bohemian style that some people really love. This exotic home style features

22 03, 2020

3 Home Showing Tips That Get Buyers Interested

2020-03-12T02:40:02-04:00March 22nd, 2020|Categories: Hard Money|

When you're selling an investment property, you'll work with a talented, knowledgeable real estate agent - but there are a few things you can do around the house to interest buyers. Here's what you need to know. 3 Home Showing Tips That Get Buyers Interested Add furniture Make sure your curb appeal is on-point Highlight upgrades Here's a closer look at each. #1. Add furniture Selling an empty house is hard. You want buyers to envision themselves living there, but that's tough to do when there's no furniture they can use for scale. Consider investing in some furniture you can

16 03, 2020

Handling Blocked Drains: What Every REI Needs to Know

2020-03-12T02:39:59-04:00March 16th, 2020|Categories: Hard Money|

Clogged drains are frustrating - and they're gross, especially if they're in a house that you've purchased to flip or rent out to tenants. Her'es what you need to know before you tackle an issue in the sink or tub. Handling Blocked Drains: What Every REI Needs to Know Kitchen sinks are surprisingly easy to clog. Fat, food remnants and other gunk can gum up the works quickly. Bathrooms, too - they can get clogged by hair and soap, as well as anything else that people think will rinse off easily and disappear forever. First, before you try chemical solutions

11 03, 2020

Under-Cabinet Lighting Makes a Home Feel More Expensive

2020-03-12T02:39:56-04:00March 11th, 2020|Categories: Hard Money|

If you're prepping a home to sell, you probably already know that you want it to be as appealing as possible to prospective buyrs. You provably also know that the more expensive it looks and feels, the better you'll fare when it's time to close the deal. But did you know that something as simple as under-cabinet lighting can make a home feel more expensive? Here's what you need to read about this ultra-chic way to spruce up a kitchen. Under-Cabinet Lighting Makes a Home Feel More Expensive It's no secret that installing under-cabinet lighting is easy and cost-effective. It

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