2008 is a great time to BUY Real Estate because some investors as well as some banks are overleveraged. Over the last few years many investors in the commercial real estate market are feeling the same payment problems as residential homeowners. They have bought their commercial investments and because of the increase in interest rates,…
When you decide to work with a professional Macon property management company, you have a better chance of earning more on your investment. You can also count on saving yourself time, money, and headaches. If you’re wondering what to look for in a good property manager, we suggest you look for a few important things,…
There are lots of ways to maximize what you earn on a multi-family unit or an entire portfolio of multi-family properties.
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…
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…
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…
Shoppers, get ready for new stores and restaurants as the first large north Macon/Bibb County retail project, also the area’s first major lifestyle shopping center, prepares to open in a few short weeks. Located on Riverside Drive, just east of its intersection with I-75, The Shoppes at River Crossing plans to open this Spring with…
A 1031 Tax Exchange allows you to defer taxes on the sale of a property. It will allow you to have more money to invest in another real estate transaction. You are actually using the money from the sale toward a purchase instead of paying it to the government in taxes. This relates to a…
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…
Make no mistake . . . . . Peach County real estate is sharing in the growth of it’s surrounding neighbors, Bibb and Houston Counties. With the recent trend in residential, industrial and commercial real estate growth in the southern sector of Bibb County and the northern sector of Houston County, it’s no wonder that Peach County,…
