As we are moving into the 3rd quarter of the year, the hospitality industry is still strong in the commercial sector. However, even though the sellers are holding onto pricing of a minimum of four times or more, the gross revenues excluding taxes buyers have slowed down and are being more conscious on paying the price which…
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 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…
Deciding to sell your home is a significant milestone that requires careful consideration. Whether you’re looking to upgrade to a larger space, downsize, or relocate, knowing when you’re truly ready to put your home on the market is essential. Here are some signs that indicate you might be ready to take the plunge: Ultimately, the…
At the risk of sounding cliché . . . . . . . with this ever changing real estate market and the impact of the subprime market fiasco, now more than ever the importance of LOCATION, LOCATION, LOCATION is quite evident!! National trends, specifically in the Southeast, are showing us retail property prices are beginning to…
A roof is more than just a protective cover over your head; it’s a crucial component of your home’s structure that shields you and your belongings from the elements. However, roofs wear down over time, and the importance of replacing an aging or damaged roof cannot be overstated. Here’s why getting a new roof is…
In the previous Land and Timber articles of 2007, we covered a variety of topics focused on helping land owners make decisions that would be beneficial in their pursuit of selling their property. The past few years have been great indicators as to what the market would yield for landowners in 2007. The state of…
Buying a house might seem like something you do later in life—but getting into the market while you’re young can actually be a major win. Sure, it’s a big step, but with a little planning and the right mindset, homeownership in your 20s or early 30s can set you up for long-term success. Start Building…
When you get ready to sell your property, there are a number of things to consider before listing. Who will market the property, how much to sell for, how and where to market the property, just to consider a few. Selling a property is a time consuming and tedious project therefore, consider the following questions before…
Making your property ready for the rental market requires a few important steps. Landlords who are too quick to list and show their properties are often left with longer vacancies because tenants who see the home are not impressed. Pay attention to detail, and make sure your home is ready to rent. If it’s not…
