Remove Appraisal Process Remove Article Remove Legal Remove Tenants
article thumbnail

Make Your First Investment Property an Attractive and Profitable Option

Cleveland Appraisal Blog

But, if you don’t mind the work, which includes rolling up your sleeves for simple repairs, chasing tenants for late rents, and paying an additional 25% insurance premium than you would on your primary residence, then buying your first rental home as a recurrent source of income might be a smart idea. Form a Business Structure. Let us know !

Investing 332
article thumbnail

Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

The process can be daunting, especially if you’ve never engaged in an appraisal for commercial real estate before. To simplify and demystify the commercial appraisal process for you, we have addressed 17 of the most important questions asked. For the purpose of this article, we’ll mostly stick to the word “appraisal.”.

article thumbnail

Checklist: What to Include in a Narrative Appraisal Report

McKissock

Report writing is an essential step in the appraisal process. Want a quick breakdown of everything that belongs in a narrative appraisal report? population, news articles, economic data, internet searches, etc.) Here’s an outline of the items that should appear in your report.

article thumbnail

How to Identify a Single-Family with ADU vs. Two-Family Property

McKissock

The presence of an additional living unit may complicate the appraisal process by making it difficult to know how to classify the subject property. 3rd, “Appraising Accessory Dwelling Units Simplified.” A two-family dwelling is legal under the current zoning. Did you find this article helpful?

Legal 71