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…
Owning a home offers numerous advantages over renting, making it a desirable goal for many. Here are several key benefits: Financial Benefits Equity Building: One of the most significant financial advantages of owning a home is the ability to build equity. As you make mortgage payments, you increase your ownership stake in the property. This…
Is it a good time to purchase multi-family property? Some of the current market conditions indicate that 2008 could be a year of opportunity for investors in multi-family properties. Let’s review some of the favorable conditions for the apartment market. A review of three factors, demands for apartments, supply of apartments and the financial…
Why are economists predicting that the economy will started coming back in the latter half of this year? Because, as I explain below, that’s when the cuts in interest rates and the fiscal stimuli will take hold and be reflected in our measurements of how the economy fares. I am already seeing a loosing up…
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…
The first quarter of 2007 has been a busy one in the Commercial Development Department. At Lullwater at Saluda Pointe, our apartment development in the Columbia, South Carolina suburb of Lexington, we have opened the beautiful leasing office for business and the lease up process has begun in earnest. We expect our first residents to move…
The media has reported that 2016 is shaping up to be a seller’s market. Whether you are looking to buy or sell a home many industry terms can be quite confusing. Let’s explore the terms buyer’s and seller’s markets. The type of market is defined by the amount of available inventory. Therefore, if a market…
Fickling & Company’s Multi-Family Division is pleased to announce that we have recently added two new third-party managed accounts to our apartment portfolio. When stepping in to a new management role, Fickling & Co., Inc. recognizes that accomplishing our mission requires the enthusiastic commitment of our most valuable resource – our employees. Tips for…
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…
New Year’s resolution – noun: a promise to do something differently in the new year Dennis Buttimer, M.Ed., CEAP, RYT, a facilitator at Thomas F. Chapman FamilyCancer Wellness at Piedmont says, “The New Year offers a blank slate — anopportunity to get things right. When we set New Year’s resolutions, we are utilizinga very important…
