Rental property accounting doesn’t have to be complicated, but it does have to be precise. When you’re earning income from your rental properties and spending money on things like maintenance, marketing, and tenant screening, you need to have an accounting of all that. Most rental property owners don’t get into the real estate business because…
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?”,…
Multi-Family Account Specialist Fickling Management Services Corporate Position APPLY NOW The Multi-Family Account Specialist is charged with the day-to-day implementation of the Fickling Management Services policies, procedures and programs that will assure a well-managed, well maintained accounting system, placing maximum emphasis on positive response to the concerns and needs of the Multi-family Property Managers, Directors…
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…
After attending the Hunter Hotel Investment Conference this March 2009 and hearing the famous economist from Georgia State University Rajeev Dhawan the industry outlook is not pretty. With lenders, franchisors, and industry experts having no answer to when the economy will turn and be positive. The Pain Is Now The PKF-HR March 2009 national forecast…
During 2007, the warehouse/industrial market was very active as well as the other commercial categories. The 2008 commercial real estate market, as other service categories, will be difficult to predict. There are just two many unstable variables that could swing it in either direction. In 2007, the Bibb County industrial market remained basically unchanged from…
As we are moving into the 3rd quarter of the year, the hospitality industry is still strong in the commercial sector. However, even though the sellers are holding onto pricing of a minimum of four times or more, the gross revenues excluding taxes buyers have slowed down and are being more conscious on paying the price which…
Making your property ready for the rental market requires a few important steps. Landlords who are too quick to list and show their properties are often left with longer vacancies because tenants who see the home are not impressed. Pay attention to detail, and make sure your home is ready to rent. If it’s not…
The retail sector continues to prosper. Take a look at these selected news headlines from last quarter: • $10M Hotel On Way On Mercer Property • Northrop Awarded $43.3m Robins Contract • Security Bank’s Acquisition Of Rivoli Bankcorp Completed • Chain Store Sales Up 4.1% In May • Kia Plant’s Groundbreaking In West Point/La Grange,…
In our last article, we stated that we thought the housing market would continue to slump until mid-year and then start to stabilize. We may have been too optimistic. We now believe the housing slump will continue through year end and start to stabilize in early 2008. Some of the statistics that influenced our prediction…
