5 Signs You’re Financially Closer to Buying Than You Think
Wondering if you’re ready to buy a house? These five financial indicators can help you understand whether homeownership may already be within reach.
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Macon and Warner Robins Retail Real Estate Market Forcast 2007
Looking back at the remarkable year we’ve just enjoyed in Middle Georgia’s retail real estate market and ahead to 2007, I am going to make some projections. I have always said that key to the economy’s remaining positive is Consumer Spending. Everything I’ve read shows Consumer Spending slowing, but continuing in a positive vein for 2007….
Tips For Selling Your Timber Real Estate
In the previous Land and Timber articles of 2007, we covered a variety of topics focused on helping land owners make decisions that would be beneficial in their pursuit of selling their property. The past few years have been great indicators as to what the market would yield for landowners in 2007. The state of…
Benefits of 1031 Exchanges in Commercial Real Estate
A 1031 tax deferred property exchange allows you to defer taxes on the property sale. You will have more money in hand to invest in another property. This benefit translates into investment savings. In effect, you receive an interest free loan from the government in the amount you would be paying in taxes. The Federal Government…
How Is Commercial Real Estate Valued?
In the twenty-seven some odd years I have been in the commercial real estate business, I have been asked quite frequently how we, in our profession, value property. Things like “How do you value a piece of commercial property?”, “What do you think my property is worth?”, “How do I go about purchasing commercial property?”,…
3 Things You’ll Need to Get a Home Loan
3 Things You’ll Need to Get a Home Loan Getting a new home loan can seem like an intimidating process. Yes, the process does require a lot of paperwork, but it makes sense considering this is one of the largest financial investments most families make. There are many misconceptions out there when it comes to…
Is it Time to Switch Macon Property Management Companies?
Not everyone embraces change. It can be stressful, and if that change involves your rental property, things can really seem overwhelming. Don’t be afraid of change if your management company isn’t working for you, however. If you aren’t getting the service you need and expect, you should absolutely look for a new property management partner….
Make the Most of Your Open House!
An open house is more than just a time for people to walk through your home—it’s your chance to make a really great first impression. With a little extra effort, you can turn it into an experience that helps buyers picture themselves living there. First things first: curb appeal. Before anyone even walks in, they’re…
Types of 1031 Exchanges and can you benefit from one?
A 1031 Tax Exchange allows you to defer taxes on the sale of a property. It will allow you to have more money to invest in another real estate transaction. You are actually using the money from the sale toward a purchase instead of paying it to the government in taxes. This relates to a…
Multi-family Real Estate Market Review 2008
In 2008, the average occupancy for Central Georgia was 89.5%, a 1% improvement over the prior year’s results. The markets experiencing the greatest increase in 2008 over 2007 were East Macon at 5%, Milledgeville at 5.5% and Warner Robins at 2%. The markets experiencing the greatest year-over-year downturn were Downtown Macon at 3% and North…
Could Residential Real Estate Be Slowly Recovering?
On March 24, 2008 the National Association of Realtors announced that existing home sales in February rose 2.9% over January sales. This ended a seven month string of steady declines and was the first sign that the real estate market might be showing signs of recovery. February 2008 sales were still 23.8% below February 2007…