Author Profile: Ernie M. Eden, S.E.C., CCIM
Biography »
Ernie M. Eden, S.E.C., CCIM is SVP and heads up The Apartment Group of Bull Realty, based in Atlanta, Georgia. Mr. Eden specializes in brokerage and exchanging of income properties, and in the brokerage of multifamily housing in particular. He is a Certified Commercial Investment Member (CCIM), past president of the Association of Georgia Real Estate Exchangors, and has been Georgia Exchangor of the Year. He is a member of the Atlanta Apartment Association and of the Atlanta Commercial Board of REALTORS.©2009-2011 The S.E.C. Real Estate Observer
Publications »
Posted in Society Columns, Winter 2011 on 22 Winter 2011
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Most people like top ten lists because you know when they end, right? But if you manage, invest in, finance, or own apartments, you never want to see an end to good ideas for better performance.
Posted in December 2010, Formulas and Strategies on 13 Winter 2010
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There are many things an apartment owner can do to improve the bottom line in apartment operations. They fall into two broad categories: (1) increasing income and (2) reducing expenses. Some of the suggestions listed below fall into one category or the other, and some actually apply to both.
Posted in Fall 2006, Society Columns on 17 Autumn 2006
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The traditional sources of profits in apartments, as in most other types of real estate investment, include cash flow, loan amortization, tax shelter through depreciation, and appreciation.
But in apartments there are some potential additional sources of profit we should not forget.
Miscellaneous income -
Laundry - The most common miscellaneous item included in apartments is income from [...]
Posted in Autumn 2005, Formulas and Strategies on 17 Autumn 2005
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If you are thinking about getting involved in a multifamily affordable housing transaction, there are a number of due diligence items you will need to include in your investigation that are not typically checked out in a conventional transaction.
The Low Income Housing Tax Credit Program (also known as the Section 42 housing program), is a [...]
Posted in Formulas and Strategies, Winter 2004 on 16 Winter 2004
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The 2000 Community Renewal Tax Relief Act authorized the creation of the Renewal Community (RC) Initiative, designed to stimulate economic development in the nation’s most distressed communities. Through this initiative HUD designated 40 of the most distressed communities as RC communities, and Congress provided them with more than $5 billion in tax incentives that will [...]