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Average Airbnb Daily Rate by City: Best Airbnb Locations for 2020

Average Airbnb Daily Rate by City: Best Airbnb Locations for 2020Looking to invest in vacation rentals in a city where the average Airbnb daily rate is high? Check out this list of best cities for Airbnb in 2020. While some…
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Gov. Kemp declares state of emergency as looters and vandals strike in Buckhead

Police activity at the intersection of Lenox Road and Peachtree Road as looters and vandals strike. (Courtesy 511)

Looters and vandals hit Buckhead’s Phipps Plaza, Lenox Square and other local businesses late on May 29 and early May 30 as a Downtown protest over the death of George Floyd moved north.

Gov. Brian Kemp declared a state of emergency enabling Fulton County to activate up to 500 Georgia National Guard troops “to protect people & property in Atlanta.” The Fulton County Sheriff’s Office said its entire law enforcement division was deployed to Lenox Square.

Vandals and rioters could be seen on TV broadcasts and social media looting the Gucci store at Phipps Plaza and smashing into the Target store at Lenox Marketplace across the street. There were also reports that the AT&T store on Lenox Road had been looted and damaged.

Other local businesses were damaged as well. The Del Frisco’s Grille restaurant in the Waldorf Astoria hotel complex on Peachtree Road briefly burned, according to the Atlanta Fire Rescue Department, which reported that its fire trucks were damaged by rioters.

Collin Kelley contributed to this report

The post Gov. Kemp declares state of emergency as looters and vandals strike in Buckhead appeared first on Atlanta INtown Paper.

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Protest against murder of George Floyd turns violent in Downtown Atlanta

An Atlanta Police car burns on Centennial Park Drive during violent protests in Downtown. (Image from WSBTV)

A Rally for Justice march from Centennial Park to the State Capitol in the wake of the killing of George Floyd by a Minneapolis, MN police officer turned into a violent protest in Downtown on Friday evening.

Protesters attacked police cars with barricades, set fire to a police cruiser on Centennial Park Drive, smashed windows at CNN Center, looted McCormick & Schmick’s restaurant, and clashed with officers. Heavily armed police moved in making arrests, using aerosol dispersants, and firing bean bag rounds at the crowd. In Midtown, protesters briefly blocked the Downtown Connector between 10th and 14th streets.

The demonstrations had started peacefully around 3 p.m., but a group of several hundred protesters splintered off from a group of thousands to protest outside CNN Center and block Centennial Olympic Drive.

APD Chief Erika Shields was walking among the crowd outside CNN Center and said she had no problem with the protesters demonstrating their First Amendment rights and did not want the evening to devolve into an “arrest fest.” Earlier, Shields denounced Floyd’s  murder calling the fired and charged Minneapolis officer a “failed cop and human being.”

An emotional and angry Mayor Keisha Lance Bottoms said in a 9 p.m. press conference that protesters were not helping their cause. She denounced the violent protesters as “disruptors” seeking to create chaos.

“You are disgracing your city and the life of George Floyd and the life of everyone who has been killed. We are better than this. Go  home, go home!” Bottoms said.  “What I see happening on the streets of Atlanta, this is not a protest, this is not in the spirit of Martin Luther King Jr., this is chaos. A protest has purpose. If you’re breaking out windows and running down the street with liquor in your hand, who are you honoring and remembering?”

Killer Mike, rap star and entrepreneur, cried as he encouraged people to fight injustice by filling out the Census and registering to vote. He also encouraged the return of the city’s police review board to get ahead of problems that have beset other cities.  “After you burn down your own home, all you have left is char and ash,” he said.

Dr. Bernice King, daughter of Martin Luther King, Jr,  reiterated her father’s message that constructive change can only come through nonviolence.

The post Protest against murder of George Floyd turns violent in Downtown Atlanta appeared first on Atlanta INtown Paper.

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Is Big Tech About to Take a Fall?

Is Big Tech About to Take a Fall?

Social Media Giants in Danger through Foolish Censorship? Is freedom of speech a good idea? Who decides what’s accurate and truthful? What happens when BIG TECH gets too big for their britches? People are questioning these sorts of matters now in the face of politicized media, high unemployment, homelessness, and small business failure.  Is what’s…

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How to Prepare for Peak Rental Season in 2020

How to Prepare for Peak Rental Season in 2020The demand for rental properties keeps fluctuating depending on the season. Peak rental season is when most people are looking for houses to rent. As a property manager, this is…
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How Do You Evaluate a Real Estate Market?

How Do You Evaluate a Real Estate Market?Buying a rental property is a great way to earn extra income and build wealth over time. However, not all investment properties for sale will be profitable. Savvy real estate…
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Back to Business: Intown businesses count losses, cautiously reopen as pandemic continues

Bonnie Kallenberg at Finders Keepers

Gov. Brian Kemp controversial decision to allow businesses to start reopening on April 24 was met with cheers and jeers from those who were either encouraging a jumpstart for the Georgia economy or fearful of a surge in cases of COVID-19.

More than a month later, many businesses have reopened, while others are waiting for a further drop in coronavirus cases. No matter which decision owners have made, the majority are still seeing losses thanks to uncertainty from the public, social distancing measures, and operating costs.

Bonnie Kallenberg, owner of the four Finders Keepers consignment boutiques, reopened her shops on May 19, but did so hesitantly. “There was just no data out there to make a decision on when we should reopen,” she said. “We just had to make a week-by-week assessment and try to decide if people were ready to get out and shop. It’s been frightening.”

Kallenberg said Finders Keepers Furnishings in Decatur had shown the most resilience. She had allowed customers to come in two at a time to shop before the official reopening day. “I think the furniture store will rally first, but the clothing stores will be slower. I don’t think people are ready to shop for clothes.”

Despite the uncertainty, Kallenberg said there were some silver linings: she finally opened an online store and catalogue at fkconsign.com, which is updated daily with new arrivals. And speaking of new arrivals, she said people had more time to clean out their closets while sheltering-in-place, so the Finders Keepers boutiques had “some awesome pieces coming in.”

“I think summer is going to be shaky with kids out of school and people still working from,” Kallenberg said. “I think come fall, if kids go back to school and people start going back to work normally, we’ll be okay. We’re just going to hang on through the summer.”

Mode Marche at Ansley Mall.

Men’s and women’s clothing boutique M2[Mode Marche] at Ansley Mall was closed for six weeks and owner Levi Sandelin said business came to a virtual standstill except for a few online orders (shopmodemarche.com).

“It was a zero revenue period for us,” Sandelin said, but he was able to keep his employees on the payroll.

Sandelin reopened M2 in early May and said revenue had “trickled in” since. “People just aren’t getting out and shopping like they did before. They are holding on to their money because the future is uncertain when it comes to employment and the economy.”

Sandelin said he was hoping things would get back to something approaching normal by the end of the year but was bracing for a longer period. He also owns Stable & Company, a sales agency for a number of boutique brands of footwear and accessories.

“I think we will survive, but it’s going to be tough,” Sandelin said frankly. “Anyone who says they have it in the bag and will definitely survive are in denial.”

Bad Axe Throwing

Bad Axe Throwing (badaxethrowing.com), the recreational entertainment venue where customers, literally, throw axes at targets while enjoying food and beverages, has been a popular destination on the Westside since it opened in 2017. However, customers weren’t ready to come back when it opened at the end of April. The venue made national headlines when company president and CEO Mario Zelaya candidly said reopening was a “disaster” with only two customers the entire weekend.

Since that nightmarish scenario, Zelya said Bad Axe, which operates numerous locations in the U.S. and abroad, had made “substantial changes” to its business model and marketing message to show customers it was safe to return. Some of those changes included eliminating walk-in customers and requiring reservations, along with trumpeting its social distancing and safety precautions. Zelya said business was ticking up slowly but surely every weekend as more people looking for entertainment.

The arts community has taken the brunt of the pandemic closures with cinemas and performance venues still closed at press time in late May. Historic Plaza Theatre (plazaatlanta.com) and Dad’s Garage Theatre Company (dadsgarage.com) teamed up for weekend drive-in movies in the parking lot at both of the venues in Poncey-Highland and Old Fourth Ward respectively. Plaza Theatre owner Chris Escobar also created an online streaming service where patrons could watch indie and foreign films at home.

The Plaza Theatre

“The Plaza has been a huge supporter of Dad’s over the years, so we wanted to share the love and offer up our empty parking lot for their movie projectors,” Dad’s Garage communications director Matthew Terrell. “While the theatre remains closed, The Plaza plans on showing some really exciting movies like Clue and Jurassic Park that folks can watch from the comfort and safety of their vehicles. Dad’s Garage believe arts and culture remains vital to our community, especially during challenging times like these. We hope folks will find joy and comfort in the classic drive-in experience.”

Similarly, Donna Lefont – ex-wife-and-still-friend of former cinema empresario George Lefont – has created a streaming film platform for the Lefont Film Society at FoodFilmMusic.com. She’s been using her connections in the movie industry to curate a  selection of indie, foreign, and documentary films at the site.

“My goal is to curate a slate of films like George did when he was operating Garden Hills Cinema or Silver Screen,” she said.

She plans to keep the platform going – splitting rental costs for the films with the distributors – and include guest film curators and have chefs cooking a meal inspired by their favorite movies.

The post Back to Business: Intown businesses count losses, cautiously reopen as pandemic continues appeared first on Atlanta INtown Paper.

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Atlanta Police Chief: Minneapolis officers ‘failed as human beings’ in murder of George Floyd

Atlanta Police Chief Erika Shields said in a two minute video posted to social media that the officers involved in the murder of George Floyd in Minneapolis not only “failed as cops, but fundamentally failed as human beings.”

Floyd, 46, was arrested on Memorial Day after he was accused of passing a counterfeit $20 bill at a Minneapolis supermarket. Various cellphone videos of the arrest that followed show Floyd handcuffed and face-down on the street as officer Derek Chauvin, who was fired and is now charged with third-degree murder, uses his knee to restrain him. Floyd cries out for his mother and repeatedly says that he cannot breath. Other officers were shown also kneeling on Floyd and watching the incident unfold without intervening.

Minneapolis has since erupted in protests, fires and looting in the wake of the incident, and there have been protests in other cities as well.

“How disconnected does law enforcement have to be for a man to be suffocated by a cop in broad daylight, knowing the cameras are rolling, with fellow officers stand around watching?” Shields said in the video. “There’s not an answer to this because it’s not reasonable in any sense of the word.”

Shields said body cameras are being used and reviewed to be sure patterns of “negative behavior are not being exhibited” by APD officers. She said APD does not tolerate any form of chokehold or holds that apply pressure to the neck area when apprehending a suspect.

“My colleagues and I are appalled with what has occurred to George Floyd,” Shields said. “We fully expect for the officers to serve prison time. They’ve earned it. Our prayers go out to Mr. Floyd’s family. This never should have happened.”

The post Atlanta Police Chief: Minneapolis officers ‘failed as human beings’ in murder of George Floyd appeared first on Atlanta INtown Paper.

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Fernbank to reopen to members June 1, general public on June 4

Fernbank reopen to members on June 1, and to the general public on June 4 after being closed for more than two months due to the COVID-19 outbreak. As with all attractions reopening, there will be new health and safety procedures for visitors to follow. 

Most museum exhibits will be open, with some hands-on exhibits, outdoor children’s exhibits and interactives temporarily unavailable. The 3D Giant Screen Theater remains temporarily closed at this time.

Fernbank is encouraging visitors to explore the 75-acres of outdoor experiences in WildWoods and Fernbank Forest, which features 2 miles of nature trails, a tree-lined canopy walk, a creek-lined pollinator sanctuary, and a variety of trees, native plants and blooming wildflowers. 

Online ticket purchases and timed tickets must be purchased in advance, as there will be no walk-up tickets available at the box office. Capacity limits will be in place to support physical distancing. All transactions at the museum will be cashless, so be sure to bring a credit or debit car.

Along with regular disinfecting and cleaning, there will be hand sanitizing stations throughout the campus and concessions from the cafe will be contactless grab-and-go.

To buy tickets and see a full list of new health and safety guidelines, visit fernbankmuseum.org.

For those not ready to venture out, Fernbank will continue to provide free Museum at Home experiences and there will also be a new virtual summer camp, taking place throughout the summer, which is available for new registrations.

The post Fernbank to reopen to members June 1, general public on June 4 appeared first on Atlanta INtown Paper.

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NOI vs Cash Flow in Real Estate Investment Analysis

NOI vs Cash Flow in Real Estate Investment AnalysisIn order to evaluate rental property for sale, investors need to use certain real estate metrics. For a real estate investment analysis to be accurate or effective, it’s best to…