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,

13 06, 2019

How To Attract Millennials To Your Rental Properties

By |2019-06-09T15:26:46-04:00June 13th, 2019|Categories: Home Improvements, Home Upgrades, Investing, Investment, Investment Properties, Investments, Remodeling Tips, Tenants|Tags: , , , , |0 Comments

In a previous blog post, we discussed what Millennials want from their rental properties. Now, we're going to explain how to attract Millennials to these properties you've designed for them. If you're marketing to Millennials, you are aware that your marketing really must include a strong online presence. But are you sure you're including the right information in this online marketing material? Here are several things you should include in your marketing material in order to capture the Millennial rental market. Interactive Maps To Key Places There are several ways to include interactive maps on your rental property's webpage including

27 05, 2019

What Kind Of Kitchen Flooring Should You Purchase?

By |2019-05-27T00:57:00-04:00May 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: , , , , , , , |0 Comments

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

10 05, 2019

Many Americans Have Never Hear Of Rain Chains – Have You?

By |2019-06-26T01:18:39-04:00May 10th, 2019|Categories: Flipping, Hard Money, Hard Money Loans, Home Upgrades, Investment Properties, Remodeling Tips, Selling, Videos|Tags: , , , , , |0 Comments

Many Americans have never heard of rain chains, but they are gaining in popularity. They originated in Japan and were used to enhance the beauty of an otherwise utilitarian structure: Gutters. Rain chains are growing in popularity, but people should remember to be careful where they are used. A rain gutter might work well on an overhang that is far from a foundation but may not be ideal for right up by a home. Some of the videos that social media users have shared will demonstrate that in heavy rains, they can just end up splashing water around - water

28 04, 2019

Should I Install A Metal Roof On My Rental Property?

By |2019-06-28T15:49:30-04:00April 28th, 2019|Categories: Hard Money, Home Improvements, Home Upgrades, Remodeling Tips, Tennessee|Tags: , , , , |0 Comments

Does your rental property need a new roof? Are you thinking of installing a metal roof on your rental property? You should know that when you purchase residential metal roofing, you are going to pay a lot extra. These extra costs are partly due to the professional installation that requires special equipment and expertise and partly because the material is more expensive. Even the range of metal roofs can vary though and not all roofers will offer the same options in metal roofs, so before you make your decision, you should know your options. Steel roofs alone have more than

12 04, 2019

How To Determine How Much Paint You Will Need To Paint A Room

By |2019-04-12T23:46:18-04:00April 12th, 2019|Categories: Business, Calculator, Construction Loans, Flipping, Hard Money, Home Improvements, Home Upgrades, Investing, Investment, Investment Properties, Remodeling Tips, Tenants|Tags: , , , , |0 Comments

As a landlord, do you ever just guess how much paint you will need to paint a room in your rental unit? Do you ever end up with not enough paint or way too much? A good rule of thumb is to know that a gallon of paint covers a surface area of around 300 to 400 square feet. Determining The Surface Area Of The Walls Of A Room You'll need a tape measure to determine the surface area of a room. The area of one wall can be determined by measuring the height from the floor to the ceiling

20 03, 2019

Are The Downspouts On Your Gutters Long Enough?

By |2019-03-20T19:30:02-04:00March 20th, 2019|Categories: Hard Money, Investment Properties, Investments, Leasing Your Property, Remodeling Tips, Tenants|Tags: , , , , |0 Comments

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

5 03, 2019

How To Sell A Home To A Millennial

By |2019-03-05T11:57:39-04:00March 5th, 2019|Categories: Curb Appeal, Flipping, Home Upgrades, Investing, Investment Properties, Leases, Leasing Your Property, Remodeling Tips, Selling|Tags: , , , , , , |0 Comments

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

By |2019-02-25T22:58:18-04:00February 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: , , , , , , , , |0 Comments

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

By |2019-02-24T16:03:10-04:00February 24th, 2019|Categories: Construction Loans, Foreclosures, Home Improvements, Home Upgrades, Investment Properties, Leases, Leasing Your Property, Rehab Loans, Remodeling Tips, Short Sales, Tenants|Tags: , , , , , , , , |0 Comments

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