An open house is more than just a time for people to walk through your home—it’s your chance to make a really great first impression. With a little extra effort, you can turn it into an experience that helps buyers picture themselves living there. First things first: curb appeal. Before anyone even walks in, they’re…
Improving fundamentals across all property types is drawing a greater amount of investors to value-added assets. While there are still investors focusing on acquiring stable, well-leased assets, others have shifted their attention to buying value-added properties that offer income and value appreciation and higher returns through retenanting, repositioning, and/or the releasing of available space. It…
The Bibb County apartment market continued to be active in 2008 and the first quarter of 2009, 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…
Over the years, working as a property manager, I have found myself wearing hats of many colors and sizes. Property Management duties didn’t start when the lease was signed nor did it end when the tenant moved-out. The property manager is responsible for every aspect of the asset. One might say a property manager is the…
Fall is finally here, and you know what that means—it’s pumpkin patch season! Whether you’re hunting for the perfect carving pumpkin, planning a cute photo day, or just craving that crisp autumn air, there are plenty of great spots around Macon to make the most of it. Grab your flannel, a cup of cider, and…
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…
It’s that time of the year when the real estate community is busy wrapping up loose ends, dotting the I’s and crossing the T’s in an effort to get those last deals finalized and closed before year end. As we move to the close of 2006 it behooves us to reflect on the factors that…
Every January, we all get caught up in the hype of New Year’s resolutions. We’re going to lose weight, save money, or finally get around to organizing that messy garage. But what about resolutions tied to real estate? Whether you’re dreaming of buying your first home, selling your current one, or diving into investment properties,…
When you’re making these important decisions, you need to know what your responsibilities will be as
the owner of a single-family home versus a multi-family property. Each type of investment comes with
unique expectations and challenges.
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…
