New Year’s resolution – noun: a promise to do something differently in the new year Dennis Buttimer, M.Ed., CEAP, RYT, a facilitator at Thomas F. Chapman FamilyCancer Wellness at Piedmont says, “The New Year offers a blank slate — anopportunity to get things right. When we set New Year’s resolutions, we are utilizinga very important…
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…
Our marketing plans are effective at finding well-qualified tenants quickly for the properties we rent. Here are some of our best tips to marketing your Macon rental property.
Much has been accomplished since our last report. Lullwater at Saluda Pointe, our luxury apartment development in Lexington, South Carolina (a suburb of Columbia), has opened and has been leasing up at a very rapid pace. We have received certificates of occupancy on approximately 50% of the units and expect to be complete by the…
Work has progressed well on our retail developments MarketPlace at Bass, Lullwater Village and Lullwater East here in Macon. At MarketPlace, the new McDonalds has opened and, judging from the crowds we are seeing there, is doing a great business at the corner of Bass Road and Bass Pro Blvd. We have heard many compliments…
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….
Investing in a rental property can be risky, and when you own a Warner Robins rental property, one of your main priorities is to protect it.
Whew!! 2007 – “That Was The Year That Was”. That statement, the modified title of a 1970’s TV series, poignantly describes our past year in the world of Commercial Real Estate. We saw a lot: frenzied buying, unbelievably low cap rates, non-recourse money, a lot of mezz debt and equity, 100% financing and THEN almost…
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…
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…
