Tips | Paces Funding

26 10, 2022

7 Essential Curb Appeal Tips to Help You Sell a Flip

Paces Funding2022-09-11T08:17:06-04:00October 26th, 2022|Categories: Curb Appeal, How To, Selling, Tips|Tags: Curb Appeal, How-To, Selling a Flip, Selling a Property, Tips|

When you're selling a home that you've worked hard to flip, you need to make a good impression on buyers. Check out these seven essential curb appeal tips that'll help you do just that. 7 Essential Curb Appeal Tips to Help You Sell Your Flip These seven essential curb appeal tips can create a great first impression with prospective buyers: Roll out a welcome mat Mind the landscaping Install window boxes Get a new mailbox Update the exterior light fixtures Consider adding landscape lighting Create an inviting seating area on the porch Here's a closer look at each. Curb Appeal

18 10, 2022

Should You Allow Pets in Your Rental Property?

Paces Funding2022-09-11T08:13:02-04:00October 18th, 2022|Categories: Investment Properties, Tips|Tags: Buying a Rental Property, Tips|

When you own a rental property, you have to be selective about your tenants - and that includes the pets that come with them. This guide explains whether you should choose to allow pets in your rental property, and if you do, how to handle all the special circumstances that may arise. Should You Allow Pets in Your Rental Property? Generally, it's good business to allow pets in a rental property. However, that doesn't mean you need to allow all pets - you still maintain the ability to choose what types of pets you're comfortable allowing in your investment property.

10 10, 2022

Pros and Cons of Hiring a Property Manager When You Own a Rental Property

Paces Funding2022-09-11T08:07:51-04:00October 10th, 2022|Categories: Investment Properties, Tips|Tags: Buying a Rental Property, Buying an Investment Property, Property Manager, Tips|

If you're thinking of buying a rental property, it's important to decide whether to hire a property manager. It's the right move for many investors - but for others, not so much. This guide outlines the pros and cons of hiring a property manager for your rental so you can make the best possible decision. What Does a Property Manager Do? Property managers handle virtually every aspect of running a rental. They can put it on the market, find and vet tenants, and handle everything for you after your new tenants move in. They typically collect rents, negotiate lease terms

11 05, 2022

3 More Kitchen Remodeling Trends So Far This Year, According to a Recent Survey

Paces Funding2022-04-28T00:20:06-04:00May 11th, 2022|Categories: Home Improvements, Remodeling Tips, Tips|Tags: 3 More Kitchen Remodeling Trends, 3 More Kitchen Remodeling Trends So Far This Year, Kitchen Remodeling Trends|

A survey conducted this year by Houzz, an online source for advice on home interior design and construction, revealed changes in homeowners' preferences in kitchen design. The design choices made thus far this year by the survey's 2,300 participants may be a bellwether for a more widespread trend among homeowners, and can inform your approach to kitchen design in your future flips. Here are a few notable trends to keep front of mind when deciding on investments in kitchen counters, cabinet styles, and even appliances. Engineered Quartz Counters Are Tops Ninety-one percent of homeowners in the survey said

6 05, 2022

3 Surprising Kitchen Remodeling Trends So Far This Year

Paces Funding2022-04-28T00:14:36-04:00May 6th, 2022|Categories: Home Improvements, Remodeling Tips, Tips|Tags: 3 Surprising Kitchen Remodeling Trends So Far This Year, Kitchen Remodeling Trends, Kitchen Remodeling Trends This Year|

A survey this year of more than 2,300 U.S. homeowners revealed their current preferences in kitchen design. The study, conducted by Houzz—an online portal for professional advice on home interior design and construction, reported changes in tastes that might surprise you, and impact your approach to kitchen design in future flips. Here are a few trends of note. Open-Layout Kitchens Lose Steam Open-layout floor plans and kitchens are becoming less desirable among homeowners, the survey revealed. Over the past two years, after the onset of the pandemic, working from home and remote schooling under the same roof left many households

16 02, 2022

The Pros and Cons of a Partial Roof Replacement

Paces Funding2022-02-05T21:48:20-05:00February 16th, 2022|Categories: Flipping, Home Improvements, Remodeling Tips, Tips|Tags: Flipping, Partial Roof, Roofing|

Let's face it: A flip that lacks cosmetic appeal isn't likely to get much attention from homebuyers. Although making sure that your property has visual interest is a must, issues that affect the functionality of your flip are equally as important and must receive thorough attention, and not be given a quick fix to pass inspection, or to appear to be intact. Performing the appropriate and necessary repairs and replacements can mean a high-quality flip, and less headaches down the road for a potential buyer. When it comes to addressing issues with the shingled roof on your flip consider these

6 02, 2022

ADUs Can Increase a Home’s Value by 35 Percent

Paces Funding2022-02-05T21:32:52-05:00February 6th, 2022|Categories: Home Improvements, Home Upgrades, Remodeling Tips, Tips|Tags: ADU|

Not only can an ADU, a.k.a. garage apartment, in-law suite, and granny flat, make your flip property more appealing to potential buyers, it can greatly increase its value. Homes with an ADU are listed an average of 35 percent higher than residences without one, says home improvement website Porch.com. An ADU, or accessory dwelling unit, is separate from the main home on a property and is located on the same lot. It can also be located within the main home, as long as it functions as a separate unit. Homeowners with ADUs can house aging family members, or earn extra income by renting out their

1 02, 2022

2 MORE Renovation Mistakes That Can Devalue Your Flip

Paces Funding2022-02-05T21:18:33-05:00February 1st, 2022|Categories: Flipping, Remodeling Tips, Tips|Tags: Function vs. Space, House Flipping, Renovation Mistakes, Shower vs. Tub|

Delivering quality homes that have mass appeal can yield solid profits for a house flipper. If you're not mindful, though, certain changes during your renovation could be a turnoff for potential buyers and lessen the value of your flip. Here are two mistakes to avoid. Sacrificing Function for Space A spacious bedroom with a tiny closet does not a happy homebuyer make. So although you may want to expand the footprint of your master suite, or any bedroom in your flip to make it more spacious, resist the temptation to steal footage from closets--not unless you're able to regain it

27 01, 2022

3 Renovation Mistakes That Decrease a Home’s Value

Paces Funding2022-01-24T20:56:34-05:00January 27th, 2022|Categories: Flipping, Home Improvements, Home Upgrades, Tips|Tags: Flipping, Home Value, Renovation|

You want your flip house to be as impressive as possible to potential homebuyers. You want to pull out all of the stops—within budget, of course. However there are certain missteps in a renovation that can lessen the value of your home. Here are three to avoid. Letting Your Personal Tastes Dominate the Design While you may have a good eye for creating cohesive designs among countertops, tile, flooring and paint in your flip, be careful not to venture from mass appeal to over-personalization. Emerald green cabinets with gold hardware may be a beautiful and dramatic look for a kitchen,

22 01, 2022

3 MORE Design Decisions That Could Make Your Flip Harder to Clean for Buyers

Paces Funding2021-12-22T17:52:06-05:00January 22nd, 2022|Categories: Flipping, Tips|Tags: Design, Flipping, Marble Counters, Oversized Island, Trim and Baseboard|

When it comes to design decisions inside of your flip you aim for selections that have mass appeal and staying power, while staying within your budget. It's important too, though, to consider the maintenance and upkeep that may be required of potential homebuyers. Certain choices, although they may be of high quality, could make your flip more difficult to maintain and keep clean. Below are some of those selections. An Oversized Island Kitchen islands are places to perform lots of tasks and activities, like food prep, dish washing, and dining, so you may opt to install an island that's extra-wide to

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