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Read INtown’s special online-only issue for May, plus a podcast from the editor

The May issue of Atlanta INtown is a digital-only edition. We made the decision not to produce the printed publication with the health and safety of our staff and suppliers foremost in mind. INtown will return to print in June, so look for your copy as usual next month. In the meantime, this issue is available to read on your phone, tablet, or computer. Inside you’ll find all new reporting on how parents and students are adapting to learning at home, how recently opened Elemental Sprits Co. navigated the pandemic, Emory University’s mission to feed frontline healthcare workers, arts organizations making masks, and new Above the Waterline and TimmyDaddy columns.

Listen to editor Collin Kelley discuss the May issue in special INtown Insider podcast at the link below.

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How to Analyze Your Local Housing Market to Find Real Estate Deals

How to Analyze Your Local Housing Market to Find Real Estate DealsReal estate investing is, without a doubt, one of the best ways to make money and build wealth. However, for one to be successful in this industry, finding income properties…

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The Impact of the Coronavirus on the Michigan Housing Market

The Impact of the Coronavirus on the Michigan Housing MarketThe spread of the novel coronavirus (COVID-19) pandemic has cast a shadow of uncertainty over most economic sectors across the globe, including real estate. Prior to COVID-19’s arrival, the Michigan…

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How to Calculate Cash on Cash Return Quickly (And Accurately)

How to Calculate Cash on Cash Return Quickly (And Accurately)Return on investment (ROI) metrics are vital forms of data that every real estate investor needs to know. They measure the rate of return and the overall profitability of rental…

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7 Reasons to Invest in Property Management Software for Landlords

7 Reasons to Invest in Property Management Software for LandlordsYou may think that you don’t need sophisticated software for your real estate business because you only have one property. You may feel that an investment in real estate software…

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Coronavirus Update – April 25: Deaths top 900; small business loans; senior food assistance program

The Georgia Department of Public Health reported three more coronavirus-related deaths and 521 new cases across the state in its Saturday evening update. The death toll in Georgia stands at 907 and 23,216 confirmed cases.

Mayor Keisha Lance Bottoms announced that Goldman Sachs has committed $10 million as part of its 10,000 Small Businesses Initiative to loans for small businesses in Atlanta, in a partnership with Lendistry, a Community Development Financial Institution (CDFI) and SBA-authorized PPP lender. These loans – made through the U.S. Small Business Administration’s (SBA) Paycheck Protection Program (PPP) – are an option for small businesses and non-profits that have been unable to submit a PPP application through another lending institution. Lendistry will offer these loans directly to small business owners in Atlanta, who will be eligible for these loans to be partially or wholly forgiven if they maintain or rehire their workforce. The loans can be used for payroll, interest on mortgages, rent, and utilities. To apply, applicants can immediately visit the online application portal by visiting www.mylendistry.com.

 

The City of Atlanta Senior Food Assistance Program to support senior residents who are experiencing food shortage due to COVID-19 is now open to eligible participants. Seniors must meet the following requirements:

• Reside in the city of Atlanta;
• Age 60 or older;
• Low income (household income at or below 80% of the AMI);
• Not participating in any other senior food assistance program and meet one of the following criteria:
• Unable to leave home;
• Unable to prepare meals for themselves; or

• Unable to procure or utilize commercial home delivery services.

Seniors who reside in the city of Atlanta and are struggling to receive access to food during this time may apply to be a part of this program by completing an online survey. Residents may also contact ATL311 for information and assistance with completing the survey, by dialing 311 within the city limits or (404) 546-0311. For more information on the Senior Food Assistance Program and to access the survey, visit https://atlstrong.org/seniors-support/ 

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A Coronavirus Recession and Its Potential Impact on Real Estate

A Coronavirus Recession and Its Potential Impact on Real EstateWhen the novel coronavirus (COVID-19) emerged, initially in central China, most viewed it as a substantial threat to that economy. However, the pandemic then spread into Italy and eventually across…

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How to Buy Your First Investment Property in 2020

How to Buy Your First Investment Property in 2020We are now a few months into 2020 and many people have begun to put their New Year’s resolutions into action. If you had resolved to begin your career in…

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How to Spot a High Return Real Estate Market

How to Spot a High Return Real Estate MarketMaking money in real estate requires conducting thorough research and analysis. The first step of this process is identifying a high return real estate market. In fact, finding such markets…

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Atlanta Public Schools to hold virtual graduation ceremonies, traditional walk later

Atlanta Public Schools plans to hold virtual graduation celebrations for the Class of 2020 in May due to social distancing restrictions in place for COVID-19. However, APS said it plans to hold traditional ceremonies for the graduates this summer or a later safe date that adheres to Georgia Department of Health guidance.

For the traditional ceremonies, APS is considering dates in late July using Lakewood and Grady stadiums as possible venues. If ceremonies must be delayed further, the district is considering other venues or ticketed ceremonies at each school, possibly scheduling them during the Thanksgiving or winter breaks to maximize attendance of graduates and their families.

The district reached this decision based on input from graduating seniors across all 14 high schools.

Of the more than 1,650 APS seniors surveyed, an overwhelming percentage expressed interest for a delayed open-air (78 percent) or fall (71 percent) ceremony, while fewer did so for a virtual ceremony from home (19 precent) or a local drive-in theater (27 percent) in May. Seniors originated #WorthTheWait, emphasizing their desires to walk on stage in their caps and gowns, even if delayed.

Virtual graduation ceremonies will be held between May 18 and 21, and APS said it would coordinate creative efforts for families to celebrate at home and would send diplomas through the mail or some other safe distribution method.

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