Posted by Rentate | Posted in News
| Posted on May 15, 2012
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According to recent reports, the Novare group will build a 23-story, 300-apartment high-rise in Midtown. The building will be located at the intersection of 6th and Juniper, blocks from restaurants, shopping, and the Fox Theater. Just a few blocks away, another developer has already begun construction on a high-rise with 330 apartments. This second building will be at 12th and Crescent, close to Georgia Tech and the Woodruff Arts Center.
All these new constructions point to an increased interest and viability in rental projects in the Atlanta area. Although construction of all kinds has taken a downturn since the local Real Estate bubble burst in 2008, several projects have appeared in recent months. Although the Great Recession may not be over, a new wave of residential developments are on the horizon.
Source: Rental demand growing in Atlanta, as broadcast on 90.1 WABE (5/9/12)
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Posted by Rentate | Posted in For Landlords, News, Technology
| Posted on April 4, 2012
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Real Estate technology blog Inman News reviewed a new Android app from Cartavi designed to eliminate some of the extensive paperwork necessary in the business. Cartavi’s product allows for cloud storage of documents, as well as the option for “transaction rooms”– shared storage space for series of related documents, such as those pertaining to a single purchase. The company has also teamed up with DocuSign to create the option for e-signing, totally eliminating the need for physical paperwork. The app is available in both Android and Apple operating systems.
However, many purists are not comfortable with a change to 100% digital paperwork. Physical copies of documents still seem more “official,” especially to those who have been in the business since before the digital push. And not all are convinced that tablet computing will be a long-term trend. Not to mention, wifi connections are still not available everywhere, meaning the scramble to find a connection might be even more stressful when an important sale is on the line!
Still, Cartavi’s app shows that the so-called digital revolution is affecting all corners of the business world. If trends continue, your next acquisition may be done entirely on iPhone!
This is a very insightful piece about today’s real estate market and the rental property impact.
Bloomberg Rental Article
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