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…
A Short Sale occurs when a bank allows an owner to sell property at a price that is less than the owner owes the bank. In other words, the sales price is “short” of what is owed. This creates what is called a deficiency balance. That is, even though the property has been sold to…
Last time we talked about St. George Island and The Plantation, a closed community development that has set a benchmark for real estate on the island. The real estate boom started around the year 2000 and peaked in June of 2005 with the highest price paid for a lot at $2.62 million. There were no…
Improving fundamentals across all property types is drawing a greater amount of investors to value-added assets. While there are still investors focusing on acquiring stable, well-leased assets, others have shifted their attention to buying value-added properties that offer income and value appreciation and higher returns through retenanting, repositioning, and/or the releasing of available space. It…
If you live anywhere in the South, you know the end of July is the start of the real heat. Without a pool or beach, it can feel like you are stuck indoors to stay cool. Luckily, if you live in or near Macon, there are many ways to get you and the family out…
As we get to the end of another year, it is time to reflect on what happened in the office real estate market in 2006 and what we can look forward to in 2007. In looking back over the past year the Macon and Middle Georgia office market is not unlike the national office market….
Love is in the air this Valentine’s Day! While flowers and chocolates are classic symbols of affection, this year, consider extending your love to a place equally deserving: your home. After all, home is where the heart is. What better way to celebrate love than by making thoughtful improvements that enhance its comfort, aesthetics, and…
“Give an inch take a mile… I wouldn’t touch it with a ten foot pole… a miss is as good as a mile… he won’t budge an inch.” There are all kinds of metaphors for measurements and some are really confusing. Well, commercial office space measurement can be just as confusing. What I will try…
Change is never easy, particularly if stuck in the same old routine. This year, Fickling & Company’s management department has undergone change. In efforts of becoming a more successful management department, it is essential to build an excellent and reliable reputation with our clients and customers. Keeping pace with deadlines is no easy task, and…
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…
