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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Multi-Family Resident Retention
If there is one thing I’ve learned in the multi-family industry, it is vital to have a quality resident retention plan in place in order to maintain a high occupancy. If your customers are pleased with you after they move in and stay that way through their lease term, they are more likely to remain…
Warner Robins Real Estate 2007 Forecast
2006 has been a record breaking year in Houston County real estate for new construction in the commercial realm of retail, office, hotels, churches, schools and multi-family projects. Within the last sixty days the city is showing twenty-seven commercial projects under review, eighteen more being resubmitted for review, nineteen approved, thirty-one under construction, and twenty-one…
Commercial Office Space Measurement
“Give an inch take a mile… I wouldn’t touch it with a ten foot pole… a miss is as good as a mile… he won’t budge an inch.” There are all kinds of metaphors for measurements and some are really confusing. Well, commercial office space measurement can be just as confusing. What I will try…
How to Set Achievable New Year’s Goals (and Actually Stick to Them)
Every January, we’re flooded with messages about “new year, new you.” While the motivation is exciting, it often leads to overly ambitious goals that fade by February. The secret to lasting change isn’t bigger goals—it’s achievable ones. Here’s how to set New Year’s goals that feel realistic, motivating, and sustainable all year long. 1. Start…
Fine Tuning Commercial Property Management
The restructuring of the property management department has proven to be successful. New policies and procedures have been introduced and owners have noticed our proactive approach rather than reactive approach. The tenants are finding that the response time to maintenance calls has been cut in half. The daily operations of the management department run more…
Signs You’re Ready to Sell Your Home: A Comprehensive Guide
Deciding to sell your home is a significant milestone that requires careful consideration. Whether you’re looking to upgrade to a larger space, downsize, or relocate, knowing when you’re truly ready to put your home on the market is essential. Here are some signs that indicate you might be ready to take the plunge: Ultimately, the…
Common Mistakes Home Buyers Make and How to Avoid Them
Buying a home is an exciting adventure, but it can also be a bit overwhelming. It’s easy to make mistakes along the way, but with some foresight, you can avoid the most common ones. Here’s a relaxed guide to help you navigate the process smoothly. Not Getting Pre-Approved for a Mortgage One of the first…
Mark-to-Market Accounting, What Is It?
Mark-to-Market Accounting is assigning a value to a financial instrument or asset, based on current market price or the fair-value of the asset. The term originated with futures trading a century ago. When taking a position, a trader, would deposit money on the margin to protect the Exchange against loss. At the end of the…
A Commercial Real Estate Lease Defined
In my articles in the past newsletters I have discussed topics such as office vacancies and occupancy, valuing properties and key commercial terms to name a few. Most of the time I come up with the different subjects from questions from my clients. So suffice to say that is the same with this article. When…
Are New Year’s Resolutions Overrated? (And What They Mean for Real Estate)
Every January, we all get caught up in the hype of New Year’s resolutions. We’re going to lose weight, save money, or finally get around to organizing that messy garage. But what about resolutions tied to real estate? Whether you’re dreaming of buying your first home, selling your current one, or diving into investment properties,…