The Macon, Georgia downtown and suburban office real estate markets remained stable in 2007. According to Fickling & Company’s recent survey, including a comparison of almost 1,000,000 square feet of office space in Bibb County, the 2007 suburban office market remained virtually unchanged. The suburban market maintained approximately 80% occupancy which is a slight decrease…
Hosting Thanksgiving doesn’t have to be stressful. With a little planning and a relaxed approach, you can create a cozy, welcoming celebration that everyone will enjoy—including you! Here are some tips for a laid-back Thanksgiving that keeps things festive and fun: 1. Keep the Menu Simple There’s no need to go overboard. Focus on a…
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…
Buying your first home is not a small undertaking. While the purchase can move quickly from point A to point Z the process can be a rollercoaster of emotions for first-time home buyers. Questions relentlessly surface like, “Am I making a good decision?” or “Can I really afford to buy a home?” While there are…
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…
Cycles… what are they? In baseball, there is hitting for the cycle, which is a batter hitting a single, double, triple and a homerun in one game. In astronomy, there is an orbit cycle in which planets rotate around an object. There are bicycles and motorcycles in which the wheels travel in a circular motion. I…
Fickling & Company’s Multi-Family Division has had an extraordinary year. Our apartment portfolio has doubled in size, and revenues are up by 55% over last year’s operating results. The Fourth Quarter has been particularly successful for the Fickling properties. We have consistently outperformed the market, with occupancies averaging 95% or greater. Market rents have also…
The restructuring of the property management department has proven to be successful. New policies and procedures have been introduced and owners have noticed our proactive approach rather than reactive approach. The tenants are finding that the response time to maintenance calls has been cut in half. The daily operations of the management department run more…
Top 5 Reasons You Shouldn’t List Your Home As A FSBO (For Sale By Owner) As home prices continue to rise, a lack of inventory remains a crucial challenge in today’s market which has some homeowners trying to sell their homes on their own. 1) Exposure to Prospective Buyers A whopping 95% of buyers utilize online…
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…
