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…
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 an ideal time to take care of home projects. The weather is cooler, and there’s still plenty of daylight to get things done before winter. A few small updates now can save you time, money, and stress later. Here are some practical improvements worth tackling this season. Tidy up the yard Clearing leaves,…
It appears the Federal Reserve is finally done with its interest rate hikes in the wake of mixed economic signals on inflation and housing. Besides rising energy prices, inflation has been tamed for the time being. Employment statistics still look good, but wage increases for most workers have been almost non-existent. The Ten Year U.S….
Cycles… what are they? In baseball, there is hitting for the cycle, which is a batter hitting a single, double, triple and a homerun in one game. In astronomy, there is an orbit cycle in which planets rotate around an object. There are bicycles and motorcycles in which the wheels travel in a circular motion. I…
Our Multifamily Portfolio has continued to grow and prosper in the First Quarter of 2007. Our Property Management team has been very busy creating strategic plans of action for three new apartment communities. Our newly added properties include an A+ development in South Carolina, a 22 year-old asset in Middle Georgia, and 212 units in North…
3 Things You’ll Need to Get a Home Loan Getting a new home loan can seem like an intimidating process. Yes, the process does require a lot of paperwork, but it makes sense considering this is one of the largest financial investments most families make. There are many misconceptions out there when it comes to…
As I wrote in my previous article, 2006 was the year of the private investor. Will 2007 be another year for the private investor? Equity funds and institutions have recently surpassed investments from private investors. This trend is unlikely to slow anytime soon since pension funds still report a great deal of pent-up investment demand. But…
Placing a good tenant in your Macon rental property is important to the success of your investment. You want to avoid the stress and expense that comes with bad tenants by placing tenants who will pay rent on time, take care of your home, and follow the terms of your lease agreement. When you’re looking…
The National Multi-family Market was stronger in 2006 than it has been in the past few years. Owners were able to increase rates while decreasing the amount of concessions given to new tenants. Occupancy rates in many markets, increased as the supply of apartments were constrained due to the conversion of apartments into condominiums. Also,…
