The National Multi-family Market was stronger in 2006 than it has been in the past few years. Owners were able to increase rates while decreasing the amount of concessions given to new tenants. Occupancy rates in many markets, increased as the supply of apartments were constrained due to the conversion of apartments into condominiums. Also,…
Not everyone embraces change. It can be stressful, and if that change involves your rental property, things can really seem overwhelming. Don’t be afraid of change if your management company isn’t working for you, however. If you aren’t getting the service you need and expect, you should absolutely look for a new property management partner….
The holiday season is a festive time of year filled with the hustle and bustle of shopping and memorable moments with co-workers, friends, and family. Gifts piled high as Fickling & Company of Warner Robins prepared for their annual office-wide holiday party. Everyone chatted and laughed while enjoying the delicious food; however, as attendees exchanged…
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…
Real estate investors know that what they earn largely depends on the market. When you own Macon rental property, the amount of rent you collect is influenced by a number of factors outside of your control. However, there are plenty of things you can do to ensure you’re earning as much as possible on your investment property.
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…
In the twenty-seven some odd years I have been in the commercial real estate business, I have been asked quite frequently how we, in our profession, value property. Things like “How do you value a piece of commercial property?”, “What do you think my property is worth?”, “How do I go about purchasing commercial property?”,…
If you know where to go Imagine this; You have some time off and want to utilize it to the best of your ability. Problem is, it isn’t enough time to travel far. If you live in Georgia there are endless amounts of things you can do within only a few hours drive. Some things…
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…
As predicted, the Bibb County Industrial Market experienced a substantial vacancy increase in 2006 with the 2.2 million square foot Brown & Williamson Plant officially being added to the existing vacancy inventory of more than 2 million square feet of space. Total Industrial space in the Bibb County market increased to 16 million square feet in…
