Tips | Paces Funding

26 01, 2023

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

By YSNM Support|2023-02-01T06:04:11-05:00January 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|Comments Off on Everything You Need to Know About Cash-on-Cash Return in Real Estate

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

By YSNM Support|2022-11-09T00:49:21-05:00November 10th, 2022|Categories: Down Payment, Investing, Investment, Investment Properties, Investments|Tags: Buying an Investment Property, Down Payment, Hard Money Loans, How-To, Tips|1 Comment

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

By YSNM Support|2022-09-11T08:23:04-04:00November 2nd, 2022|Categories: How To, Selling, Tips|Tags: How-To, Selling a Flip, Staging, Tips|Comments Off on How to Make a Small Bathroom More Attractive to Prospective Buyers

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

By YSNM Support|2022-09-11T08:17:06-04:00October 26th, 2022|Categories: Curb Appeal, How To, Selling, Tips|Tags: Curb Appeal, How-To, Selling a Flip, Selling a Property, Tips|Comments Off on 7 Essential Curb Appeal Tips to Help You Sell a Flip

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?

By YSNM Support|2022-09-11T08:13:02-04:00October 18th, 2022|Categories: Investment Properties, Tips|Tags: Buying a Rental Property, Tips|Comments Off on Should You Allow Pets in Your Rental Property?

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

By YSNM Support|2022-09-11T08:07:51-04:00October 10th, 2022|Categories: Investment Properties, Tips|Tags: Buying a Rental Property, Buying an Investment Property, Property Manager, Tips|Comments Off on Pros and Cons of Hiring a Property Manager When You Own a Rental Property

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

26 08, 2022

7 Essential Upgrades You Should Make When You Flip a House

By YSNM Support|2022-08-09T06:25:12-04:00August 26th, 2022|Categories: Hard Money|Tags: Flipping, Flipping a House, Home Improvements, Home Upgrades, How-To, Investment Properties, real estate, Tips|Comments Off on 7 Essential Upgrades You Should Make When You Flip a House

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

1 10, 2021

3 Things to Remember When Renovating a Historic Home

By YSNM Support|2021-09-19T00:52:47-04:00October 1st, 2021|Categories: Home Improvements, How To, Real Estate, Remodeling Tips, Tips|Tags: Do Your Research, Historic Home, Perform the Necessary Updates, Preserve Important Details, Renovating a Historic Home, Renovations, Tips|Comments Off on 3 Things to Remember When Renovating a Historic Home

If you’re renovating a historic home you probably won’t approach the process in the same way you would a newer property, especially if you want to appeal to buyers who are looking for homes that are true to their era. So remember these three things when renovating a historic home. Do Your Research In order to stay true to the spirit of your historic home it’s best to get an understanding of the era, style, and characteristics that define it. So take inventory of your property’s history, features, and details so you can make decisions about how to best maintain

11 09, 2021

3 Tips for Planting Trees on Your Flip Property

By YSNM Support|2021-09-12T05:21:21-04:00September 11th, 2021|Categories: How To|Tags: Flipping a House, How-To, landscaping, Planting Trees, Tips|Comments Off on 3 Tips for Planting Trees on Your Flip Property

It’s time to come up with a landscape design for your flip house. You don’t want to spend a ton of cash, so you’ve got to be strategic about what you plant, where you plant it, and how you plant it to get the most bang for your buck, and—of course—to impress buyers. Since trees can be an expensive investment you want to do things right. Consider these three tips for planting trees that we’ve summarized for you below from Better Homes & Gardens. Location, Location, Location When planting a large species avoid positioning it too closely to your house

6 08, 2021

2 MORE Important Tips to Consider Before Buying Your First Flip

By YSNM Support|2021-08-09T19:49:31-04:00August 6th, 2021|Categories: Flipping, Tips|Tags: Flipping, Tips, Weigh community amenities|Comments Off on 2 MORE Important Tips to Consider Before Buying Your First Flip

Although flipping houses may be something you’ve always aspired to do, before you dive in headfirst consider these two crucial tips we’ve highlighted from a recent article in House Beautiful magazine. Weigh community amenities before choosing your flip. Look for positives about a community that can make your potential flip house appealing to buyers. Does the neighborhood have walking paths and parks? Do residents have walkable access to transportation like bike share, or bus or train routes? Are restaurants or other amenities near? What about the school district where your flip is located? Does it have a good reputation? Also,