Why You Shouldn’t Manage Your Own Macon Properties

It’s tempting to want to manage your own investment property. New investors often have an emotional attachment to their homes, and if you’re renting out a property you once lived in, you have an interest in making sure it’s occupied by a perfect tenant and well-maintained. Managing your own rental home can be challenging, however….

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    Multi-Family Real Estate Market Q2 2007

    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,…

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      Warner Robins Real Estate Market Q2 2009

      For the second quarter of 2009 Warner Robins and Houston County still appear to be ahead of the economic pack.  With many folks predicting gloom and doom for our US economy, Houston County is still a bright spot on the economic landscape.  As a matter of fact, it was recently announced that the Warner Robins…

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        Buying a Commercial Real Estate Foreclosure

        It could not be any truer today than ever, “YOU MAKE MONEY WHEN YOU BUY”.  Buying foreclosed commercial real estate can be a very rewarding opportunity for your future.  There are some things to be considered and to be cautious about.  When buying a foreclosed commercial property, whether it is land, bulk lots, retail or office building or…

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          Macon Multi-family Market Update Q1 2009

          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…

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