If you’re looking to sell your home, upgrading your kitchen can be a smart investment to make your home stand out to potential buyers. We would argue the Kitchen is the most important room in the house. It is a place for gathering, entertainment and a sense of togetherness. The process of remodeling can be…
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…
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…
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…
Buying a home is one of the biggest financial and emotional decisions you’ll ever make. But how do you really know if you’re ready? It’s more than just browsing listings and imagining your dream kitchen—being prepared to buy a home means being financially, emotionally, and practically ready for the responsibility. 1. Your Finances Are in…
Fickling & Company’s Multi-Family Division has had an extraordinary year. Our apartment portfolio has doubled in size, and revenues are up by 55% over last year’s operating results. The Fourth Quarter has been particularly successful for the Fickling properties. We have consistently outperformed the market, with occupancies averaging 95% or greater. Market rents have also…
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…
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…
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…
I’m sure a lot of people would like to know what a Subprime Mortgage is and what exactly happened last Summer that resulted in the Subprime Mortgage meltdown. I think it is important to understand what events occurred that got us in this Credit crisis and how it has spilled over into commercial real estate. It…
