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Make Your First Investment Property an Attractive and Profitable Option

Cleveland Appraisal Blog

Today, Cleveland Appraisal Blog shares a few tips for first-time investors. When you’re about to buy your first real property outside of your primary residence, you should know whether you’re going into it with the intention of renting or if you want to flip and make an immediate profit. Decide on How to Proceed. Let us know !

Investing 332
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What Is a Land Contract In Ohio? Full Guide [2021 Update]

The Robert Weiler Company

As such, some investors that purchase Ohio property for sale for the purpose of flipping consider offering a land contract for their real property. At its most basic level, a ground lease is not a sale of land, but rather a rental of land to a tenant that plans to build on the property. No legal title.

Contracts 143
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Investing in Commercial Property for Sale in Columbus, Ohio? The Complete Beginner’s Guide!

The Robert Weiler Company

In addition to the prospect of skyrocketing property values, buying commercial property for sale gives you control of the property and allows you to dictate usage, rental agreements, and types of tenants. . Make Sure Your Commercial Real Estate Investment Pays Off with 5 Tips. Tip #4: Avoid fundamental mistakes.

Investing 138
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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

While commercial appraisals are a central part of evaluating real estate, the appraisal process itself can be frustrating and confusing – primarily since each assessment depends on the scope and nature of the specific property. What is an Appraisal ? Defining the Appraisal Scope of Work.

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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? for mortgage financing purposes or tax assessment appeal purposes) Identification/brief description of the property appraised Real property interest appraised (e.g.,

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Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

In 2022, Simonson Appraisals completed a steady stream of financing assignments with planned new construction or significant proposed renovations. Below are are several key points from my presentation titled Navigating the Appraisal Process that’s been presented several times to the U.S. Defining the Appraisal Scope of Work.

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Appraising Industrial and Flex Buildings: What Info Do You Need?

McKissock

Why might you be engaged to appraise a single or multi-tenant industrial or flex style office building? What information do you need when appraising industrial and flex buildings ? There are any number of reasons why you would be engaged to appraise an industrial or flex style property. Reasons for engagement.