In the late seventies, General Motors introduced a revolutionary electric vehicle designed to address high oil prices and long gas lines. Unfortunately, battery system problems prompted GM to abruptly scrap the program. GM bought back vehicles from customers, cleared dealer lots and ran the fleet through the crusher. Thus ended the immediate promise of alternative…
First impressions are everything, especially when it comes to selling your home. Whether you’re a seasoned real estate pro or a first-time seller, staging your home for an open house can make a world of difference in attracting potential buyers. Here are some expert tips to help you transform your space into a buyer’s dream:…
As financial institutions are still trying to weather the storm from Subprime Mortgage Crisis, real estate investors should anticipate great challenges in 2008. The instability in the financial markets has had a domino effect in the investment market for commercial real estate assets. It first began with an impact on the lenders which moved right through…
As the Multi-Family Property Manager for Fickling & Company’s private market, I enjoy helping people find a new place to live. Many apartment hunters are tired of living at the average apartment community and are looking for a little more. People are looking for unique floor plans, windows with a view and a property manager…
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…
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…
Halloween is the one time of year we like being a little scared. However, when it comes to buying or selling a home, no one wants any real-life frights. As the nights get cooler and pumpkins pop up on porches, here are a few ways to keep your real estate plans from turning into a…
Tenant turnover periods can be stressful for both landlords and tenants, but they don’t have to be. When you put together an organized, automated, and well-documented process, you can expect to start and end the tenancy on a positive note. Remember that tenant communication is critical, especially when they’re moving into the property and preparing…
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…
When you are looking for a professional property management company in Warner Robins, you are entitled to high expectations. A good management company will ensure you earn consistent rental income and increased ROI over the life of your investment. Most landlords and investors hire property managers to protect their investment and keep their costs down….
