After attending the Hunter Hotel Investment Conference this March 2009 and hearing the famous economist from Georgia State University Rajeev Dhawan the industry outlook is not pretty. With lenders, franchisors, and industry experts having no answer to when the economy will turn and be positive. The Pain Is Now The PKF-HR March 2009 national forecast…
Good communication will ensure everyone has a pleasant and successful rental experience. Bad communication can lead to misunderstandings, tenant disputes, and costly mistakes.
Macon, Georgia, is a hidden gem when it comes to music history. It’s the kind of place where musical legends were born and raised, and where the history of their impact in music lives on. Everywhere you look there is a story or a place that made significant impacts in music. We’re going to look…
Why has the sub-prime mortgage debacle resulted in a credit crunch on commercial mortgage backed securities lenders (CMBS) as well? Well, most insiders don’t believe it is a direct result of the sub-prime hangover. They believe it has been in the works since the beginning of the second quarter when Moody’s issued a warning that…
Most people who want to invest in real estate start off with single family residential properties. They do this because they are more familiar with residential property, and the thought of owning commercial property is scary to the new investor. I know investors who own multiple single family residences. However, because of the high maintenance…
Evictions are never fun, and most landlords in Warner Robins hope to avoid them altogether. However, if your tenant isn’t paying rent or is violating the lease in some way, you need to be prepared to remove them from your Warner Robins rental property. Check your lease and review the landlord tenant laws in Georgia….
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.
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…
We just finished with the first quarter of the new year. Currently, land prices in Georgia are great for the buyer and the seller. With prices still rising, it is a great time to buy or sell in our market. Rural land prices are still going up in all counties and it does not seem…
The Greater Macon Chamber of Commerce and the Macon Economic Development Commission (MEDC) hosted their 155th Annual Meeting on Thursday, December 3rd at Middle Georgia State University. During the meeting Patty Burns, a broker with Fickling & Company, received the Ambassador of the Year Award. The Ambassadors Committee maintains and enhances a membership retention program…
