The Bibb County apartment market continued to be active in 2008 and the first quarter of 2009, albeit considerably slower than 2007. The capital crunch caused lenders to adopt more stringent lending standards or stop completely making loans. The loan to value dropped to 75-80% and actual NOI was used to arrive at the value…
If this is your first experience renting out a home, you may be wondering where to start. We’re here to tell you where to start and what comes next.
Much has been accomplished since our last report. Lullwater at Saluda Pointe, our luxury apartment development in Lexington, South Carolina (a suburb of Columbia), has opened and has been leasing up at a very rapid pace. We have received certificates of occupancy on approximately 50% of the units and expect to be complete by the…
Inspecting your Macon investment property is an important part of renting it out. Inspections will document the condition of your property and ensure your tenants are following the terms of their lease agreement. We recommend that you inspect your property annually. This gives you the opportunity to get inside and be sure everything looks good…
I’m sure a lot of people would like to know what a Subprime Mortgage is and what exactly happened last Summer that resulted in the Subprime Mortgage meltdown. I think it is important to understand what events occurred that got us in this Credit crisis and how it has spilled over into commercial real estate. It…
As the real estate market in this region continues to grow and boom, businesses — both major corporations and small start up companies — may begin to question whether they should lease or purchase property for their business to locate. The question is a valid one and the answer is simple – both! At some…
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…
Retail was on the mind of over 40,000 people, the number of those who attended the International Council of Shopping Center’s 50th Annual Spring Convention in Las Vegas, Nevada from May 20ththrough the 23rd. Twelve commercial real estate agents from Fickling and Company took advantage of the opportunity and met with many national retailers and existing…
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…
The media has reported that 2016 is shaping up to be a seller’s market. Whether you are looking to buy or sell a home many industry terms can be quite confusing. Let’s explore the terms buyer’s and seller’s markets. The type of market is defined by the amount of available inventory. Therefore, if a market…
