7 07, 2019
  • Should You Buy a Rental Property - Paces Funding Hard Money Loans

Should You Buy a Rental Property?

By |2019-06-23T17:53:49-04:00July 7th, 2019|Categories: Hard Money, Investing, Investment, Investment Properties, Investments|Tags: , , , |0 Comments

Hanging on to a property and renting it out can be a tremendously profitable endeavor - but should you try it? Maybe. Here's what you need to know. Should You Buy a Rental Property? Flipping houses - the process of buying an affordable home, fixing it up and selling it for a profit - isn't for everyone. It's a bit too risky for some, although it can pay off to the tune of tens of thousands if done properly. But buying a rental property might be a good choice. If you're going to be a landlord, here's what to look

23 06, 2019
  • Should You Apply for a Conventional Loan on an Investment Property?

Should You Apply for a Conventional Loan on an Investment Property?

By |2019-06-23T17:49:41-04:00June 23rd, 2019|Categories: Hard Money|Tags: , , |0 Comments

If you're buying an investment property, you have a couple of options for funding - and one of them is a hard money loan. Hard money loans are different from conventional loans, which require you to have a good enough credit history, a borrowing history and a certain debt-to-income ratio. So should you apply for a conventional loan to buy an investment property? Here's what you need to know. Should You Apply for a Conventional Loan on an Investment Property? A lot of investors choose to use hard money instead of conventional loans. It's not that there's anything wrong with

30 05, 2019
  • 3 Signs You Should Buy an Investment Property NOW

3 Signs You Should Buy an Investment Property NOW

By |2019-06-12T09:14:48-04:00May 30th, 2019|Categories: Hard Money|Tags: , , |0 Comments

If you are looking to branch out on an investment property, here are 3 important things to know prior to purchasing one. The Property is in a Growing Market An important factor of purchasing an investment property that will net you some additional income will be to look for a house in a growing market. Some things to look out for in order to assess if this potential new property is in a growing market will be factors such as a new company coming in, many new construction projects going up, or new plans for upcoming infrastructure projects. You should

4 01, 2018

When Should You Hire a Property Manager?

By |2018-01-04T13:00:11-05:00January 4th, 2018|Categories: Investment Properties|Tags: , , |0 Comments

If you own rental properties, or if you’re thinking about buying one with a hard money loan, you’re probably wondering when you should consider hiring management help, a handyman or other assistance – and you’re not alone. When Should You Hire a Property Manager? If you’re more of a hands-off property owner who doesn’t want to advertise your rental units, run background and credit checks, or hire someone to fix every little issue that comes up, you’re probably going to want to hire a property manager. Most property managers charge about 10 percent of the monthly rent to handle all

7 12, 2017

Trim and Paint Make a HUGE Difference

By |2017-12-07T13:00:50-05:00December 7th, 2017|Categories: Hard Money|Tags: , , , , |0 Comments

If you add two simple lines of trim - one as a chair rail and one as crown molding - you could be adding a huge amount of value to your investment property. But how do you do it the right way? Trim and Paint: An Affordable Value-Add Pro Tip: Make a big impact on the house's appearance by painting trim before you install it. The Chair Rail First, pick out a trim that measures between 60 and 70 percent of the width of the baseboard. Use a stool and apron (it'll look like a windowsill) if possible, but if

5 10, 2017

What is “Turn Key” Real Estate?

By |2017-10-05T13:00:31-04:00October 5th, 2017|Categories: Investment Properties|Tags: , |0 Comments

A turn key property is one that's ready for move-in as-is, no improvements or repairs necessary. How "Perfect" is a Turn Key Property? The term turn key doesn't mean a property is perfect - no house is. Instead, it means that buyers can move into it without making any repairs or improvements... which is basically what buyers expect in the first place. And that's where you come in. As a real estate investor, it's your job to make the home as marketable as possible so you can sell it quickly (and at the right price). That includes ensuring all appliances

30 09, 2017

Should You Stage an Investment Property if You’re Going to Rent It Out?

By |2017-09-30T13:00:59-04:00September 30th, 2017|Categories: Investment Properties|Tags: , , |0 Comments

If you're renting out an investment property after buying and improving it, you may want to stage it... because staging it could help you fetch a higher monthly rental price. Staging a Rental Property You'll have to weigh the costs and benefits of staging a property that was empty. You certainly have to make sure it's spotless (no scuffs on the floors, dings in the walls, or cobwebs in the corner) and clutter-free, but the logistics of staging a rental property may mean it's not worth the effort. Remember that you'll have to find suitable furniture and then: Move in

3 08, 2017

Who Appraises the Property When You Get a Hard Money Loan?

By |2017-08-03T10:00:01-04:00August 3rd, 2017|Categories: Hard Money|Tags: , , |0 Comments

  Hard money loans offer great short term financing options for those needing a short term loan. This type of loan is very favorable for the investor looking to purchase a home and after fixing the home up, turn around and sell for greater profit. Hard money loans can help the investor buy time from closing on the home, making updated changes, to the resale of the newly remodeled home. Hard money loan lenders will lend 100% of the acquisition of the real estate parcel and repair costs. The terms of these loans are tailored to be the needs of

6 07, 2017

Should You Leave Playground Equipment at an Investment Property?

By |2017-07-06T20:19:44-04:00July 6th, 2017|Categories: Investment Properties|Tags: , , |0 Comments

  If you’re considering selling your home, you may be wondering if you should get rid of the swing set in the backyard. While a playset won’t necessarily hinder the sale of your home, you’ll want to make sure it’s in excellent condition. The playground equipment may be an exciting amenity to a family with young children. If the neighborhood is bustling with kids, fix it up, make sure it’s structurally sound, and prepare to leave it. At the same time, if everyone else on the block is at retirement age, a swing set may not be an excellent selling

27 06, 2017

What Every Real Estate Investor Needs to Know

By |2017-06-27T10:00:21-04:00June 27th, 2017|Categories: Investments|Tags: |0 Comments

How do you make your money work for you when you’re a real estate investor? This isn’t an easy field, as any investor can tell you, but if you know what you’re doing, as well as where to borrow money for flipping houses in the Atlanta area, it can be a highly lucrative one. 3 Things Every Real Estate Investor Needs to Know Even if you’re not new to real estate investing, you might be relieved to know that there’s no “one-size-fits-all” solution that works for everyone. However, there are three key things that every investor needs to know. Know