Fix and Flip | Paces Funding

27 03, 2021

Thinking of Adding a Sunroom to Your Flip? 3 Things You Should Know

Paces Funding2021-03-28T10:25:39-04:00March 27th, 2021|Categories: Flipping, Home Improvements, Home Upgrades, Investment Properties, Investments|Tags: Blog, Fix and Flip, Flip, Flipping, Flipping a House, Flipping Houses, Home Improvement, Home Improvements|

Sunrooms are bonus spaces that can appeal to potential buyers and help raise the value of your flip. These glass-enclosed living areas, which are typically attached behind homes, can be used for relaxation and entertainment and can connect your homebuyer to the outdoors while protecting them from the elements. Your buyer can have a front-row seat to all of the seasons from within the comfort of their home and enjoy the beaming sun of summer, the flutter of gold, red, and burgundy fall leaves, the beauty of freshly fallen snow, and the reemergence of flowers and greenery in the spring. If

16 03, 2021

2 MORE Homeowners Association Rules You Should Know

Paces Funding2021-03-16T08:58:53-04:00March 16th, 2021|Categories: Curb Appeal, Flipping, Home Improvements, Investment, Remodeling Tips|Tags: Blog, Curb Appeal, Fix and Flip, Flip, Flipping, Flipping a House, Home Improvements|

When you’re flipping a house it’s hard to prepare for the unknown, but what you can prepare for are the rules and regulations of your community’s homeowners association (HOA). Your HOA’s ordinances are intended to help the community maintain a neat and consistent appearance. But let’s face it: they can present issues that impact your home design and the overall finished product. Educating yourself about the HOA rules in your community before you start working on your flip can help you avoid delays and frustration once work is in progress. If there are aspects of your flip that aren’t in

6 03, 2021

Homeowners Association Noise Ordinances: What You Should Know

Paces Funding2021-03-04T14:22:09-05:00March 6th, 2021|Categories: Developers, Flipping, Home Improvements, Home Upgrades, Investment Properties, Remodeling Tips|Tags: Blog, Fix and Flip, Flipping, Flipping a House, HOA, Home Improvements, Noise|

Flipping a house is a challenging endeavor that can be full of unknowns and questions. Will there be hardwoods beneath the grungy shag carpet? Is the wall between the kitchen and the living room load-bearing? Will you uncover water damage when you gut the kitchen or bath? Should you lay sod, or is there time to seed the landscape and get a lush lawn before you put your home on the market? Aside from questions like these there may be other unexpected issues that could impact the success of your project. Although you can’t foresee every challenge you can educate

27 01, 2021

6 Cheap and Easy Fixes to Make the Outside of Your Flip Shine

Paces Funding2021-01-16T21:54:15-05:00January 27th, 2021|Categories: Curb Appeal, Flipping, Home Improvements, Home Upgrades, Remodeling Tips, Tips|Tags: Blog, Curb Appeal, Fix and Flip, Fixer-Upper, Flip, Front Door, Mailbox, Shutters, Tips|

Outside home renovations get expensive quickly, with even little fixes racking up a costly bill. Here are five easy tricks to ramp up curb appeal, all for under $50 each: Spruce up your mailbox Paint your front door Brighten up your sidewalk with path lighting Give your shutters and trim a fresh coat of paint Spring for new house numbers De-grime your driveway Here’s a closer look at each. #1. Spruce Up Your Mailbox One of the first things a potential buyer sees is your mailbox. Spruce it up with some new decal numbers on the side that are

11 09, 2020

Texas Flipper Discovers 40K Gallon Pool Beneath Backyard Junk at Hoarder House

Paces Funding2020-09-13T23:06:08-04:00September 11th, 2020|Categories: Cleaning, Flipping, Foreclosures, Investment, Investment Properties|Tags: Blog, Fix and Flip, Flip, Flipping, Interesting, News, News Story|

When 35-year-old house flipper John Reynolds purchased a dilapidated property just weeks before it was slated for demolition he had no idea that the end result would be enough to make his head swim. The 1950s home had been owned by a hoarder for 20 years, and it sat vacant for more than a year after the homeowner had passed away. Reynolds purchased the property from the local county authority for $20,000. While his primary focus was on the inside of the home he noted that something was off about the backyard, aside from the fact that it was wildly

1 07, 2020

What Causes Nail Pops and How Do You Fix Them?

Paces Funding2020-06-18T12:10:12-04:00July 1st, 2020|Categories: Home Improvements, Home Upgrades, How To, Remodeling Tips, Tips|Tags: Construction, Fix and Flip, Flip, How-To, Nails|

Nail pops occur when nail heads pop through the surface of sheetrock walls and create bumps or cracks. Here’s why they happen and how you can fix them if they pop up during your renovation. What Causes Nail Pops? One main cause of nail pops is the movement of wood framing. Over time lumber moves and changes shape ever so slightly as its moisture content fluctuates. During this process the dimensions of the wood—its length, width, and depth—shrink and expand at different rates. This movement causes nails to back out of the drywall and pop through the surface. There are

23 10, 2017

Finding Your Next Flip By Checking Out the Inventory

Paces Funding2017-10-23T13:00:26-04:00October 23rd, 2017|Categories: Hard Money|Tags: Fix and Flip, Inventory, Local Inventory|

If you’ve decided to buy a house that needs some TLC, fix it, and sell it, you need to narrow your choices right off the bat. That means you need to decide what type of inventory you’re going to focus on. What is Real Estate Inventory? Inventory is the term that refers to all the houses for sale in a particular category (like two-bedroom, one-bathroom houses or four-bedroom houses with three-car garages). Why You Need to Look at ALL the Inventory If you’re going to buy a house to fix up and sell, you need to look at all the

21 10, 2017

Before You Buy Your Next Fix-and-Flip…

Paces Funding2017-10-21T02:28:32-04:00October 21st, 2017|Categories: Hard Money|Tags: Fix and Flip, Local Inventory|

If you’re like many people, you’ve toyed with the idea of buying a house, fixing it up, and selling it to another buyer – all for a tidy profit. But before you buy, here’s what you need to know. Before You Buy Your First Fix-and-Flip Naturally, you need to plan ahead and make sure you can secure the financing you need to buy a home that you can fix up and sell. (Many people do this by getting a hard money loan.) From there, you need to check out the local inventory. It’s best to do this with a local

17 11, 2016

Can You Fix-and-Flip During Winter? Absolutely!

Paces Funding2016-11-17T10:00:07-05:00November 17th, 2016|Categories: Business, Flipping, Hard Money, Hard Money Loans, Investments|Tags: December, Fix and Flip, Flipping Houses, January, November, Renovate a House, Winter|

As a real estate investor, you already know that fixing and flipping a home takes time. (If you’re a new investor, you’re probably wondering exactly how long it takes and what season is best for fixing and flipping). Traditionally, most home sales occur in the spring and summer months, but that doesn’t mean people aren't participating in the real estate market during the other two seasons. Can You Fix and Flip a Home During Winter? Instead of waiting until spring to buy, fix and flip a home. That'll give you a leg up on your fellow flippers--and you can do

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