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…
Whether you have or have not rented commercial space, there are several things you need to know. One, there is no standard lease agreement for all commercial properties. Typically, office, retail, and industrial properties have different leases and while there are some similarities they are also vastly different. Two, a commercial lease is a binding…
Why has the sub-prime mortgage debacle resulted in a credit crunch on commercial mortgage backed securities lenders (CMBS) as well? Well, most insiders don’t believe it is a direct result of the sub-prime hangover. They believe it has been in the works since the beginning of the second quarter when Moody’s issued a warning that…
Evictions are never fun, and most landlords in Warner Robins hope to avoid them altogether. However, if your tenant isn’t paying rent or is violating the lease in some way, you need to be prepared to remove them from your Warner Robins rental property. Check your lease and review the landlord tenant laws in Georgia….
It’s tempting to want to manage your own investment property. New investors often have an emotional attachment to their homes, and if you’re renting out a property you once lived in, you have an interest in making sure it’s occupied by a perfect tenant and well-maintained. Managing your own rental home can be challenging, however….
Morgan Law, Director of the Houston County Industrial Authority, announced recently that in Houston County, there are currently 157 residential subdivisions either under construction, approved for development, or submitted for approval. This is in light of the information we hear in the national news about the housing bubble. We don’t believe the housing market turmoil…
Real estate investors know that what they earn largely depends on the market. When you own Macon rental property, the amount of rent you collect is influenced by a number of factors outside of your control. However, there are plenty of things you can do to ensure you’re earning as much as possible on your investment property.
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…
Security deposit law in Georgia can be confusing, and you can easily make an expensive mistake by not doing something correctly. Working with a professional property manager can help; we understand the laws and keep you in compliance. When you’re collecting, holding, and returning a tenant’s security deposit, make sure you’re not setting yourself up…
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…
