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…
Many have noticed that the price for land and timber real estate in Middle Georgia is climbing daily. The Big Four (which includes Bibb, Monroe, Houston and Jones Counties) command such a high price-per-acre that perhaps it is acceptable to land real estate investors; but they are pretty scary numbers to your average timber real estate or…
The Bibb County apartment market continued to be active in 2008, 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. The demand for apartment complexes, especially…
Easter brunch is the perfect excuse to gather with loved ones, enjoy the spring sunshine, and indulge in a spread of delicious food. Whether you’re hosting a family gathering or planning a cozy meal at home, these Easter brunch recipes are guaranteed to bring color, flavor, and festive cheer to your table. 1. Deviled Egg…
The experience of buying bank owned assets may vary for many investors. For some, it can be a very rewarding process yet for others, somewhat frustrating. The trick is understanding and establishing a process that works for you. Below are a few tips that may be helpful to you while navigating the ever shifting landscape of…
Placing a good tenant in your Macon rental property is important to the success of your investment. You want to avoid the stress and expense that comes with bad tenants by placing tenants who will pay rent on time, take care of your home, and follow the terms of your lease agreement. When you’re looking…
Buy or sell? List my property or keep it off the market until the market turns around? Engage the expertise of a seasoned commercial real estate broker or try to handle myself? These are all questions commercial real estate investors are faced with on a daily basis. One thing I think we are all keenly…
In my articles in the past newsletters I have discussed topics such as office vacancies and occupancy, valuing properties and key commercial terms to name a few. Most of the time I come up with the different subjects from questions from my clients. So suffice to say that is the same with this article. When…
If you live anywhere in the South, you know the end of July is the start of the real heat. Without a pool or beach, it can feel like you are stuck indoors to stay cool. Luckily, if you live in or near Macon, there are many ways to get you and the family out…
If this is your first experience renting out a home, you may be wondering where to start. We’re here to tell you where to start and what comes next.
