Investments | Paces Funding

29 05, 2019

3 Secrets To House Flipping You Probably Won’t See On TV

Margret Ekers2019-05-29T11:10:10-04:00May 29th, 2019|Categories: Construction Loans, Flipping, Hard Money, Hard Money Loans, Home Improvements, Home Upgrades, HUD, Investment, Investment Properties, Investments, Private Lending|Tags: House Flipping, successful house flipping|

House flipping isn't really like it is on TV. To be a successful house flipper, you have to know how to do it right. Here are three things that successful house flippers do that are too boring for television and too important for you to not know. House flippers don't buy houses at full retail price. What would be the point? If you pay full price and then make improvements, you're not going to make much of a profit, if any. You need to purchase a house that is genuinely prices to sell. You have to find a home in

27 05, 2019

What Kind Of Kitchen Flooring Should You Purchase?

Margret Ekers2019-05-27T00:57:00-04:00May 27th, 2019|Categories: Business, Flipping, Hard Money, Home Improvements, Home Upgrades, HUD, Investing, Investment, Investment Properties, Investments, New Construction, New Home Development, New Homes, Rehab Loans, Remodeling Tips|Tags: carpet, kitchen flooring, linoleum, luxury vinyl, porcelain tile, rental unit flooring, sheet vinyl, vinyl plank|

If you're trying to decide what kind of flooring to use in your kitchen, you will need to consider what you want out of it. Are you hoping to increase the property value over the value of a typical kitchen? Are you hoping to find something durable for a rental unit? Do you need something installed fast? Let's discuss the options. First of all, you won't want to put carpet in virtually any kitchen. Buyers won't be impressed. Renters will yuck it up in a hurry. If you just need something inexpensive and fast, you might choose sheet vinyl. Say

25 05, 2019

Home Flippers Need To Know About Zillow Offers

Margret Ekers2019-05-25T14:08:35-04:00May 25th, 2019|Categories: Flipping, Florida, Georgia, Hard Money, Income, Investing, Investment, Investment Properties, Investments, Potential Markets, Real Estate, Selling|Tags: home flipping, Sillow Offers, Zestimate, Zillow Instant Offers|

The online real estate marketplace Zillow has just launched a new feature called “Zillow Offers,” formerly known as Zillow Instant Offers, aimed at helping seemingly impatient sellers quickly offload their homes. Zillow Offers is a faster way to sell a property and it comes with a free comparative market analysis (CMA) from a local real estate agent. Here's how it works: You answer some simple questions about your property. You let Zillow offers know if major changes have been made that aren't in the public record. Zillow sends you an offer within two business days. You have three days to

20 05, 2019

Palatka, FL Seeing New Investment, Increasingly Attracting Homebuyers

Margret Ekers2019-05-21T10:15:33-04:00May 20th, 2019|Categories: Business, Flipping, Hard Money, Home Improvements, Income, Investing, Investment, Investment Properties, Investments, Potential Markets|Tags: home flipping, home flipping markets, Investment Properties, Jacksonville House flipping, Jacksonville investment properties, Palatka, real estate markets|

Palatka, the county seat of Putnam County is centrally located between Jacksonville, Gainesville, St. Augustine, and Daytona Beach. A couple of years ago, the Washington Post reported that Palatka was a dying city. We're happy to report that Palatka seems to have cheated death and is now increasingly attracting home-buyers looking for less congestion. This new investment front might be an area our clients want to check out. The Palatka real estate market has notably increased, especially among first-time home-buyers and empty nesters looking to downsize. So, keep these demographics in mind when scouting for homes to flip. The average

19 05, 2019

Gen X Parents And Their Adult Millennial Children Are Bringing Back The Multigenerational Home

Margret Ekers2019-05-19T11:14:58-04:00May 19th, 2019|Categories: Flipping, Hard Money, Investing, Investment, Investment Properties, Investments|Tags: affordable housing, Baby Boomer, Gen X, home flipping, housing, Millennials, renting|

After several decades without the multigenerational home, GenXers are bringing it back to the U.S.. Gen Xers are actually buying homes to share with their adult children. These days, one in six Gen Xer bought a multigenerational home. Over half of the Gen X homebuyers that bought a home specifically to accommodate a multigenerational household say that they bought the home because their adult millennial children either were never able to move out or had plans to move back home. These are the results of the 2019 Home Buyer and Seller Generational Trends research from the National Association of Realtors.

17 05, 2019

House Flippers: Do You Know What Upgrades Will Help You Sell To Millennials?

Margret Ekers2019-06-23T01:14:23-04:00May 17th, 2019|Categories: Flipping, Hard Money, Investing, Investment, Investment Properties, Investments|Tags: amenities to attract millennials, Low Flow Faucets, marketing to millennials, Millennial Home Buyers, Moisture, Sensors Smart Locks, Smart Appliances, Smart Irrigation Systems, Smart Security Systems, Smart Windows, Solar Blinds, solar panels, Wireless Thermostats|

If you're an experienced house flipper, there's a possibility you're missing out on the new generation of homebuyers simply because you don't know the type of upgrades that are most important to them. Millennials are actually the largest group of homebuyers now, so it will be important to learn what they are looking for in the upgrades you are about to make on that house you intend to flip. Carpet: Use Sparingly, If At All Millennials aren't very impressed with carpeting according to most of the research. This generation is the most active buyers of flooring out there. Knowing what

15 05, 2019

‘Surge Cities’ Nashville, Jacksonville, Atlanta Among The Best Cities For Entrepreneurs

Margret Ekers2019-05-14T22:03:17-04:00May 15th, 2019|Categories: Business, Flipping, Florida, Georgia, Hard Money, Investing, Investment, Investment Properties, Investments, Tennessee|Tags: Entrepreneurship, Growing US cities, Innovative cities, Surge cities|

Nashville, Jacksonville and Atlanta are among the best cities in which to start a business, according to the Winter edition of Inc. Magazine which published a list of the 50 best "surge cities." Surge cities are metros that are considered startup-friendly. In other words, these are great cities for entrepreneurs. The analysis examined high-growth company density within each city, the rate of entrepreneurship in the city, the city's population growth, the city's net business creation, the city's wage growth, job creation statistics for the city, and early-stage fundraising deals offered to entrepreneurs in the area. The analysis claims that in

5 05, 2019

Should You Turn Your Investment Property Into An Airbnb?

Margret Ekers2019-06-28T16:36:13-04:00May 5th, 2019|Categories: Commercial, Hard Money, Income, Investing, Investment, Investment Properties, Investments, Leasing Your Property|Tags: Airbnb, Rental Property, short-term rental|

Airbnb lodging has grown at unbelievable rates since the home sharing site began in 2008. It wasn't long before many investors realized that short-term rentals might be a preferable strategy. After all, the risks that you will have to evict someone from an Airbnb is nowhere as great as the risks that you will have to evict someone from a longterm rental property. Plus, Airbnb rental units often have a much higher return. It's important to remember though that not every Airbnb unit will do well. A few factors should be considered: You will need to make sure that your

1 05, 2019

How To Be A Landlord Your Tenants Brag About On Social Media

Margret Ekers2019-06-23T00:06:05-04:00May 1st, 2019|Categories: Hard Money, Investment, Investment Properties, Investments, Leasing Your Property, Tenants|Tags: ideas for landlords, Landlords, Tenants|

Want to fill your rental units? There really are ways to become the kind of landlord that has current tenants essentially marketing your vacancies on social media. Obviously, building a good, trusting relationship with tenants takes time, but there certainly are ways to speed things up a bit. Here are some ways to become the type of landlord that tenants will brag about on social media. Remember your tenants' names and use them. Remember that first job in customer service? Treat your tenants like the customers they are. Today's tenants expect prompt return texts. Give them your cell number. Text

29 04, 2019

Bulb Gardening: Easy Landscaping For Your Rental Properties

Margret Ekers2019-04-29T20:11:54-04:00April 29th, 2019|Categories: Curb Appeal, Hard Money, Investing, Investment, Investment Properties, Investments, Leases, Leasing Your Property, Tenants|Tags: crocuses, dahlia, echinacea, landscaping for rental homes, Leasing Your Property, purple coneflower|

Planting bulbs in the yard of your rental property can help keep the landscaping looking nice with minimal maintenance for most of the year. Bulbs are hard to mess up, so you don't need an especially green thumb. They're also very economical too. Planting bulbs allows you to have hassle-free flowers each year. It also makes renters feel like you go the extra mile to make the property nice. Now, the hardest part of planting bulbs is planning on where to plant them. You will want to clear out an area of a flower bed or along the driveway or

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