Leasing Your Property | Paces Funding

5 04, 2019

Old Fourth Ward: Atlanta’s Hippest ‘New’ Community

Paces Funding2024-06-17T12:41:33-04:00April 5th, 2019|Categories: Commercial, Flipping, Georgia, Hard Money, Hard Money Loans, Home Improvements, Home Upgrades, Investing, Investment, Investment Properties, Investments, Leases, Leasing Your Property, Short Sales, Tenants|Tags: atlanta hard money loans, Atlanta investment properties, Atlanta neighborhoods, Georgia hard money loans, Old Fourth Ward|

The Old Fourth Ward might just be Atlanta’s hippest so-called "new" community, and it appeals to young professionals and first-time homebuyers. If you find a deal on a home in Old Fourth Ward, snatch it up. If you need quick funding to make a property with great potential in Old Fourth Ward, contact us to see if we can help you out. This neighborhood is one of the newest in Atlanta and is found east of downtown and south of Midtown. Millennials are flocking to the area thanks to the new retail and dining from Ponce City Market. The Old

20 03, 2019

Are The Downspouts On Your Gutters Long Enough?

Paces Funding2024-06-17T12:41:35-04:00March 20th, 2019|Categories: Hard Money, Investment Properties, Investments, Leasing Your Property, Remodeling Tips, Tenants|Tags: downspout extension kits, downspouts, gutter maintenance, gutters, water in the basement|

Did you know that the roof of an average sized home will divert around 600 gallons of water for every inch of rain that falls? So, some storms could mean your roof will handle well over a thousand gallons of rain. That's a lot of water flowing through your gutters! We just talked about making sure the gutters of your rental properties are in good working order in a previous blog post. Now, we need to discuss downspouts. Sometimes you will see tiny curved downspouts that only displace the water by a foot or two from the house. In the

19 03, 2019

Landlords: Don’t Forget To Clean Out Gutters At Least Twice A Year

Paces Funding2024-06-17T12:41:36-04:00March 19th, 2019|Categories: Investment, Investment Properties, Investments, Leasing Your Property, Tenants|Tags: gutter cleaning, gutters, home maintenance|

If you are renting out a home for the first time, we should warn you: Tenants rarely inform their landlords about maintenance needs before the issue becomes and issue for them. By the time a maintenance issue is a problem for the tenant, it usually means it will be much more expensive for you. Sometimes, even the best new rental property owners forget about gutter maintenance. They're quite important though. A backed up gutter can cause leaking into the home! There could be nesting birds, sticks, and all sorts of debris in your gutter and you wouldn't know until your

11 03, 2019

Can You Guess What The Freest State In The Nation Is According To Recent Survey?

Paces Funding2024-06-17T12:41:37-04:00March 11th, 2019|Categories: Hard Money, Investing, Investment, Investment Properties, Investments, Leases, Leasing Your Property, Real Estate, Taxes|Tags: Florida apartment buildings, Florida investing, Florida investment properties, Florida landlords, Florida taxes, property insurance in Florida|

Real estate investors take note, A Cato Institute survey just ranked states in the order of how free they are. Specifically, the study examined how each state's policies promote freedom in the personal, fiscal and regulatory spheres. The designation of "freest state in the nation" goes to Florida. Florida actually earned seven top ten rankings, four number one rankings and the overall number one ranking. So what's so free about Florida? Florida's less restrictive policies have promoted economic growth. These policies have hundreds of people flocking to the state every single day looking for more opportunity. Taxes in Florida are

5 03, 2019

How To Sell A Home To A Millennial

Paces Funding2024-06-17T12:41:40-04:00March 5th, 2019|Categories: Curb Appeal, Flipping, Home Upgrades, Investing, Investment Properties, Leases, Leasing Your Property, Remodeling Tips, Selling|Tags: backyard gardens, green tech, home staging, milkweed, Millennials, native plants, square foot gardens|

Since millennials are now the biggest group of homebuyers, house flippers need to make some adjustments. Do you know how to sell a home you've just bought with the intent to flip fast to a millennial? So, first off you will need to find the right size and location. We discuss this in an separate blog post about millennial home buyers. Now, here are some smart ways to target this huge market. Make It Instagrammable Make it instagrammable? What does that mean? If you're in an older generation, this might not make a lot of sense. Yet, millennials fully enjoy

25 02, 2019

Why Vinyl Plank Flooring Is Perfect For Your Rental Home

Paces Funding2024-06-17T12:41:41-04:00February 25th, 2019|Categories: Hard Money, Hard Money Loans, Home Improvements, Home Upgrades, Investing, Investment, Investment Properties, Investments, Leases, Leasing Your Property, New Construction, Remodeling Tips, Tenants|Tags: carpeting, DIY projects, Flooring, hardwood floors, Landlords, LVP, pets, Tenants, vinyl plank flooring|

Vinyl plank flooring, also called “luxury vinyl plank” or "LVP," is a great flooring option for your rental home. It's affordable, durable, and easy to install. Though there is new technology in carpeting that has made things easier for landlords, vinyl plank flooring is possibly an even better solution for whole home flooring. Luxury vinyl plank can give you the durability you need without having to replace flooring with each tenant turnover, if you choose a good product. Vinyl plank flooring can give you the look and texture of real hardwood floors. Plus, it is easily cleaned so that you

24 02, 2019

Check Downspouts & Gutter When You Buy A New Rental House

Paces Funding2024-06-17T12:41:42-04:00February 24th, 2019|Categories: Construction Loans, Foreclosures, Home Improvements, Home Upgrades, Investment Properties, Leases, Leasing Your Property, Rehab Loans, Remodeling Tips, Short Sales, Tenants|Tags: clogged gutters, DIY projects, downspouts, gutters, Landlords, protecting your foundation, rentals, renting your property, water in the basement|

When you buy a new house that you intend to rent out, be certain to check the downspouts. These get overlooked too frequently and can cost landlords substantially. Attention to these should be part of your typical maintenance. See, for every inch of rain we get, our rooves divert around 600 gallons of water into our downspouts. You must make sure that this water diversion is working the way it should. Know this ahead of time, because renters often don't bother to report on these like this, especially if it doesn't affect them. Check Gutters For Clogs Clogged gutters throw

20 02, 2019

A Basement Water Alarm That Can Alert You To Water In The Basement Of A Rental

Paces Funding2024-06-17T12:41:43-04:00February 20th, 2019|Categories: Foreclosures, Hard Money, Investing, Investment, Investment Properties, Investments, Leases, Leasing Your Property, Short Sales, Tenants|

If you have a rental home, you have to be proactive to protect your investment. You can't rely on tenants to tell you when something is up. Too many times, if it doesn't pertain to them, they won't inform you of problems at your rental house. Many people have basement water alarms and sensors that alert them to water in their basements. These work perfectly, because they get alerted, and then fix the problem and save their belongings. These don't work as well for landlords, because sometimes tenants will avoid disclosing issues in your home in order to prevent you

24 01, 2019

Can A Landlord Ever Deny An Emotional Support Animal?

Paces Funding2024-06-17T12:41:49-04:00January 24th, 2019|Categories: Hard Money, HUD, Investing, Investment Properties, Leases, Leasing Your Property|Tags: Allowing Pets, Emotional Support Animals (ESA), emotional support dog, Fair Housing Act, HUD, pet deposits, pets, rental units that allow pets, service animals, service dog|

If you're a landlord, you should familiarize yourself with federal Fair Housing laws regarding Emotional Support Animals. We touched on the subject of Emotional Support Animals briefly in a recent blog post about allowing pets in your rental units. The first thing you should know is that as far as the federal Fair Housing laws under the Fair Housing Act are concerned, an Emotional Support Animal is not a pet. An animal registered as an Emotional Support Animal is a medical tool. Emotional Support Animals And Pet-Related Fees Since and Emotional Support Animal isn't a pet, it's important for landlords

23 01, 2019

Should Landlords Allow Pets In Their Rental Properties?

Paces Funding2024-06-17T12:41:50-04:00January 23rd, 2019|Categories: Hard Money, Investment Properties, Leases, Leasing Your Property, Tenants|Tags: Emotional Support Animals (ESA), emotional support dog, FHA, pet deposits, rental units that allow pets, service dog, therapy dog|

It's such a hard decision. Let's say that you're a landlord, and you love animals. Yet, you also know that not everyone is going to care for their pets (or your property) the way you do. Should you risk allowing pets in your rental unit? Multi-Family Unit Or Single Family Home? One of the easiest ways to determine whether you should let pets live in your rental units is to consider liability issues. This pertains mostly to dogs. If you have multiple dogs in multiple units, there may be fighting between animals. There is also less chance that anyone will

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