How-To | Paces Funding

2 06, 2023

5 Reasons You May Want to Invest in a Single-Family Home This Year

YSNM Support2023-06-04T14:57:34-04:00June 2nd, 2023|Categories: Flipping, Hard Money, Hard Money Loans, How To, Investing, Investment, Investment Properties, Investments|Tags: Flipping, House Flipping, How-To, Investing, Single-Family Homes, Tips|

As a real estate investor, you're always looking for the next profitable opportunity. What if that opportunity lies in single-family homes? Here's why investing in a single-family home this year might be your best bet. 5 Reasons You May Want to Invest in a Single-Family Home This Year In this guide, we'll explore: Attractive Cash Flow Potential High Demand in the Rental Market Lower Maintenance and Management Costs Stability and Appreciation Flexibility for Various Investment Strategies Here's a closer look at each. Related: Asbestos in house-flipping Attractive Cash Flow Potential Single-family homes can offer an attractive cash flow, especially if

26 05, 2023

Asbestos in Renovation Work: What You Need to Know

YSNM Support2023-05-31T21:38:18-04:00May 26th, 2023|Categories: Flipping, How To, Investment Properties, Real Estate, REIs, Remodeling Tips|Tags: Asbestos, Danger of Asbestos in Remodeling, How-To, Tips|

Investing in real estate often means dealing with older properties, and with those comes the potential issue of asbestos. Hidden within walls, under floors, and in attic insulation, asbestos poses significant dangers during renovation work. This guide aims to help you navigate these risks while maximizing your investment returns. The Dangers of Asbestos in Renovation Work In this guide, you'll learn about: What asbestos is Why it’s a problem How to identify asbestos How to handle and remove asbestos Resources for managing asbestos The following sections explain. What is Asbestos? Asbestos is a group of naturally occurring minerals used extensively

18 05, 2023

What Do You Need to Take Out a Hard Money Loan in 2023?

YSNM Support2024-01-09T17:21:14-05:00May 18th, 2023|Categories: Hard Money, Hard Money Loans|Tags: Getting a Hard Money Loan, How to Get a Hard Money Loan, How-To, Tips|

If you're a real estate investor considering a hard money loan, you may be wondering what you need to secure the funding. Hard money loans can be an excellent alternative to traditional bank loans, offering faster approvals and more flexibility. This guide will walk you through the essential components you need to prepare before approaching a hard money lender. What Do You Need for a Hard Money Loan? This guide explains the following: A property to purchase or renovate Detailed investment plan Documentation and financial information Exit strategy Sufficient equity or down payment Here's a closer look at each. A

10 05, 2023

How to Choose the Right Hard Money Lender

YSNM Support2023-04-22T16:49:52-04:00May 10th, 2023|Categories: Hard Money, Hard Money Loans|Tags: Choosing a Lender, How to Borrow Hard Money, How-To, Tips|

As a real estate investor, choosing the right hard money lender is crucial for the success of your projects. The right lender can provide you with the necessary funds and support to help you achieve your investment goals. In this guide, we'll discuss the key factors to consider when selecting a hard money lender, ensuring you make an informed decision that benefits your business. How to Choose the Right Hard Money Lender This guide explains the following: Reputation and experience Speed and efficiency Loan terms and conditions Transparency and communication Flexibility and customization Local market knowledge Client testimonials and reviews

26 04, 2023

10 Luxury Home Staging Trends That Buyers Love This Year

YSNM Support2023-04-22T16:13:09-04:00April 26th, 2023|Categories: Home Improvements, How To, Selling, Tips|Tags: home staging, Home Staging Tips, How-To, Luxury Home Staging, Staging, Tips|

When it comes to selling luxury homes, staging is crucial for creating an unforgettable impression on potential buyers. In this guide, we explore the top 10 luxury home staging trends that buyers are falling in love with this year. By incorporating these elements into your property, you'll be well on your way to a successful sale. 10 Luxury Home Staging Trends That Buyers Love This Year Though there's no one-size-fits-all answer for all buyers, there are a few things you can do to make your property more appealing to prospective buyers. In fact, there are a handful of luxury home

26 01, 2023

Everything You Need to Know About Cash-on-Cash Return in Real Estate

YSNM Support2023-02-01T06:04:11-05:00January 26th, 2023|Categories: Business, Investing, Investment, Investments, Tips|Tags: Calculations, Cash on Cash Return, Design, Good Return on Investment, How-To, Investing, Investments, Net Operating Income, NOI, Rate of Return, Return on Investment, ROI, Tips|

When it comes to investing in real estate, understanding your cash-on-cash return is key. Knowing what your cash-on-cash return means for you and how to calculate it can help you make the best investment decisions and maximize your profits. But not so fast: Cash-on-cash return isn't necessarily the best method to use for decision-making. There are other metrics you can (and should) use while deciding whether a property is a good investment. Cash-on-cash return is just a small glimpse at the type of return you may get. What Is Cash-On-Cash Return? Cash-on-cash return is a measure of the return you

10 11, 2022

3 Creative Ways to Come Up With a Down Payment for an Investment Property

YSNM Support2022-11-09T00:49:21-05:00November 10th, 2022|Categories: Down Payment, Investing, Investment, Investment Properties, Investments|Tags: Buying an Investment Property, Down Payment, Hard Money Loans, How-To, Tips|

Though the most common way to come up with a down payment for an investment property - particularly for first-time real estate investors - is to scrimp and save until you have enough to take out a hard money loan, that's not always feasible. In fact, waiting until you have enough money saved up can seriously delay your investing plans. Fortunately, there are a few ways you may be able to get creative to come up with a down payment for an investment property, which this guide explains. 3 Creative Ways to Come Up With a Down Payment for an

2 11, 2022

How to Make a Small Bathroom More Attractive to Prospective Buyers

YSNM Support2022-09-11T08:23:04-04:00November 2nd, 2022|Categories: How To, Selling, Tips|Tags: How-To, Selling a Flip, Staging, Tips|

When you're selling a flip that has a "cozy" bathroom, you may be worried about it being a turn-off to prospective buyers. The good news is that there are a few things you can do to make a small bathroom appear larger (and more useful), thereby making it more appealing to prospective buyers. This guide explains. How to Make a Small Bathroom More Attractive to Prospective Buyers Check out these five tips to make a small bathroom more attractive to prospective buyers: Let there be light Use a big mirror Put up some neutral art Add built-in shelving Keep the

26 10, 2022

7 Essential Curb Appeal Tips to Help You Sell a Flip

YSNM Support2022-09-11T08:17:06-04:00October 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

26 08, 2022

7 Essential Upgrades You Should Make When You Flip a House

YSNM Support2024-01-09T17:20:44-05:00August 26th, 2022|Categories: Hard Money|Tags: Flipping, Flipping a House, Home Improvements, Home Upgrades, How-To, Investment Properties, real estate, Tips|

There are many things to consider when flipping a house. But if you want to make the most money possible, it's important to focus on the essential upgrades. Here are seven of the most important. 7 Essential Upgrades You Should Make When You Flip a House Check out these seven important upgrades you should consider making when you flip a house: Paint the walls a neutral color Install new flooring throughout the house Update the kitchen cabinets and countertops Replace the bathroom fixtures and tiles Add a new coat of paint to the exterior of the house Landscape the yard

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