Immediate responses are required when your tenant reports a maintenance issue or requests a repair at your rental property. Habitability issues are especially critical and require prompt attention. However, even minor repairs can save you money and keep your property better maintained. Repair needs never get easier or cheaper with time. One of the benefits…
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…
There are lots of ways to maximize what you earn on a multi-family unit or an entire portfolio of multi-family properties.
The world of real estate has certainly come a long way in the last 15 years or so. Online listings have completely changed the game. With all the new technology allowing home buyers to be able to take virtual tours, people are wondering if open houses are a thing of the past or if they…
In this article we will discuss the National Market for 2006 and 2007. The condition of the housing sector has a direct impact on the condition of the multi-family market. As predicted, the housing sector slowed in 2006 after setting records for each year from 2000 to 2005. The Commerce Department estimated that October’s new home…
Much has happened in the world since our last newsletter. We have “officially” entered into an economic recession that has negatively impacted virtually every industry. No one really knows for sure but most knowledgeable folks seem to believe that we can hope to emerge from this downturn late this year or early 2010. Real Estate,…
In our last article, we stated that we thought the housing market would continue to slump until mid-year and then start to stabilize. We may have been too optimistic. We now believe the housing slump will continue through year end and start to stabilize in early 2008. Some of the statistics that influenced our prediction…
From 2004 to 2006 the U.S. Lodging industry experienced the strongest revpar growth in 22 years. One chain scale that has continued to sustain record-breaking success is the category labeled “midscale without food and beverage.” These properties represent 8,096 hotels with 705,305 guestrooms or 16.6 percent of the total U.S. room supply. Through May 2007,…
Looking back at the remarkable year we’ve just enjoyed in Middle Georgia’s retail real estate market and ahead to 2007, I am going to make some projections. I have always said that key to the economy’s remaining positive is Consumer Spending. Everything I’ve read shows Consumer Spending slowing, but continuing in a positive vein for 2007….
Macon, Georgia, a city rich in history and southern charm, is perfectly situated for quick day trips and local getaways. Whether you’re a nature enthusiast, a history buff, or just looking for a relaxing escape, there are plenty of options within a short drive from Macon. Ocmulgee Mounds National Historical Park This beautiful park is…
