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…
A 1031 tax deferred property exchange allows you to defer taxes on the property sale. You will have more money in hand to invest in another property. This benefit translates into investment savings. In effect, you receive an interest free loan from the government in the amount you would be paying in taxes. The Federal Government…
Halloween in Macon, GA, is filled with spooky fun, from family-friendly festivals to eerie haunted attractions. Whether you’re looking for a night of trick-or-treating, live entertainment, or a good scare, Macon has something for everyone. Here are some of the top Halloween events happening this year. 1. Spirits in October at Riverside Cemetery One of…
There’s just something about fall in Macon. The air gets a little cooler, the leaves start to change, and suddenly the calendar fills up with one fun event after another. If you’re looking for things to do this season, here are some of the best fall festivals happening around town. Ocmulgee Indigenous Celebration On September…
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…
As the crisp air of fall rolls in, it’s the perfect time to prepare your home for the season and create a cozy, inviting atmosphere. Here are some simple yet effective ways to transition your space to welcome in the Fall. 1. Warm Up with Textiles Fall is all about layering, which also applies to…
Have you ever wanted to invest in rental property? If you are reading this the answer is probably yes. Owning rental real estate is a great way to build wealth; however, unless a person has current knowledge of the rental industry there could be several setbacks. As an industry leader since 1939, Fickling & Company has…
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…
Experts had predicted that Millennials would be the renting generation; however, 2015-2016 numbers are proving quite the opposite. According to U.S. News — millennials, who are currently between ages 25 and 34, make up the largest share of homebuyers at 32 percent. As Millennials look for opportunities to build personal wealth they are turning steadily…
Only when the tide goes out do you discover who’s been swimming naked. – Warren Buffett Open any newspaper or turn on any news channel and you will hear the same thing: The Real Estate market is doomed. Interest rates are beginning to rise while the numbers of new real estate buyers are shrinking. Not to…
