If you're considering purchasing a property in Nashville to use for business, you'll need a business license. If a business is located within the Nashville city limits, the owner must pay for a business license or a minimal activity license. The fee for that is $30. Now, if the business is outside the city limits, but still in the county, the owner still has to pay for a business license or a minimal activity license. Outside the city limits, the fee is just $15 though. If your gross receipts fall between $3,000 and $9,999 during a fiscal year, you only need
All properties within Metropolitan Nashville are zoned for particular uses depending on their zone district classifications. If you're considering an investment property in Nashville, take a look at the city's Zoning Land Use Table. It will let you know what uses are permitted in various zones around the city. The property will be considered "zoned and ready" as long as its zoning matches your planned use for it. Once you've got the property in your hands, you'll probably want to do some renovations. The building permit process in Nashville is pretty straight forward. The building permits are handled by
If you're flipping houses in South Carolina, you'll want to know more about the building codes enforcement officers. Here's a quick reference guide. Building Official A Building Official performs tasks and inspections for the local jurisdiction’s building department. They must carry a certification as a building official (CBO). Commercial Inspector A Commercial Inspector performs onsite inspections in at least two construction disciplines. You know, like electrical and plumbing or building and mechanical. What they inspect is decided by the local jurisdiction that employs them. They have to have certificates or examination records from a recognized code organization. They must
You've got your eye on a potential investment property. You're creating your budget. You want to cut some corners. Should you get cheap carpet padding? Most investors find that a good carpet padding increases buyer interest even more than a good carpet would. Good padding can absolutely help you flip a house. Buyers assume that if you're willing to invest in a quality padding, the home must have quality products everywhere. You can even go with a cheaper carpet if you choose a better padding. It wouldn't even be deceptive. Quality padding can help even low grade padding last longer.
Tired of skewed social media reviews leading you to unskilled skilled tradesman? Let's face it, people have friends and family more than willing to give skilled tradesmen and other contractors stellar reviews. Here's one way to get the real scoop on skilled tradesmen like plumbers, HVAC technicians, and electricians. Go to where they buy their materials. Good Skilled Tradesmen Rarely Only Shop The Big Box Stores It's true. Though skilled tradesmen often have to stop by big box stores like Lowes and Home Depot, they generally buy their materials from local suppliers. They go to these suppliers because they usually
If you earn money flipping houses, every upgrade needs to increase the sale value of your investment. You know you need to paint the front door, because it's weathered looking. But do you know what color to paint it to get the most money from the sale of the house? We do. Zillow analyzed thousands of photos from residential property sales. It looked at specific colors and specific locations on the houses that increased or decreased the average sale price, and by how much. Color makes a huge impact on buyers. Even though it would be easy for the buyer
If your bank will not approve your construction loan, you may feel as if it’s because of something you’ve done. In reality, however, you are most likely part of a growing trend. We’re going to crunch the numbers for you to identify why you are not alone, and what you can do about it. As the reports from the FDIC show, bank-approved real estate loans in general have been on the decline for years. The third-quarter report for 2015 shows that real estate loans accounted for less than 3 percent of all bank activity – that’s not much, especially when
In some cases, investors and developers are better off taking out a hard money loan than using a traditional loan. So when is a hard money loan better for developers and investors? Typically, hard money is a better choice when an investor or developer: Needs to close quickly and following traditional funding routes would take too long. Often, banks and other traditional lenders take several weeks – if not longer – to process the paperwork on a loan. Has several good opportunities but not enough cash to accept them all. Banks won’t extend credit if it appears you’ll become over-extended.
To start 2014 off, we've updated our website. New content as well as the ability to apply for a hard money loan online. If you need an Atlanta hard money loan or for other parts of the south, contact us today at (404) 814-1644 x101 or email Dean@PacesFunding.com. We also do hard money loans on commercial properties. Check us out at www.PacesFunding.com
Paces Funding is Atlanta’s largest hard money lender. We are leading the way with innovative financing solutions for real estate investors. Our staff has processed over 1,000 loans over the past decade and is excited about the new opportunities we will be providing our clients. Over the next six months, Paces Funding will be introducing new real estate financing and investment opportunities. Contact us today to get pre-approved for a hard money loan.