Fickling & Company’s Multifamily Division had an outstanding 2007. Total Revenue increased by an average of 9% over 2006 operating results. Overall occupancy increased by an average of 5%. Our success was largely due to hiring and training highly professional and knowledgeable employees, effectively raising rents as availability dictated, closely monitoring expenses, maintaining a strong…
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…
Is it a good time to purchase multi-family property? Some of the current market conditions indicate that 2008 could be a year of opportunity for investors in multi-family properties. Let’s review some of the favorable conditions for the apartment market. A review of three factors, demands for apartments, supply of apartments and the financial…
The experience of buying bank owned assets may vary for many investors. For some, it can be a very rewarding process yet for others, somewhat frustrating. The trick is understanding and establishing a process that works for you. Below are a few tips that may be helpful to you while navigating the ever shifting landscape of…
The beginning of a new year is always a good opportunity to review and analyze the previous year’s activities and plan for the coming year. 2006 was an exciting and successful year for the development group. On the multi-family side, Lullwater at Saluda Pointe, our 280 unit luxury development in Lexington S.C. (a suburb of Columbia)…
We’re happy to announce Kari Pollock joining the Fickling & Company team. In her own words: “I am committed to my clients and work hard to achieve results for them. Because the real estate industry is becoming more sophisticated and challenging every day, you need a professional that understands the industry and is positioned to…
Make no mistake . . . . . Peach County real estate is sharing in the growth of it’s surrounding neighbors, Bibb and Houston Counties. With the recent trend in residential, industrial and commercial real estate growth in the southern sector of Bibb County and the northern sector of Houston County, it’s no wonder that Peach County,…
With nearly $18 million dollars worth of commercial building permits for the first quarter of 2008, Houston County keeps growing. Highlights include the new Publix shopping center on the Perry Parkway and a new hotel on Fairview Drive in Perry. After more than a decade of planning the I-75 Frontage Road connecting Watson Boulevard and…
A roof is more than just a protective cover over your head; it’s a crucial component of your home’s structure that shields you and your belongings from the elements. However, roofs wear down over time, and the importance of replacing an aging or damaged roof cannot be overstated. Here’s why getting a new roof is…
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…
