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Commercial Real Estate Niches Booming in 2021

McKissock

Before you dive into this real estate niche, take the time to learn how valuation works in the self-storage market. Here are some factors to consider when it comes to self-storage opportunities in real estate: NOI (net operating income): You can find this value by subtracting your operating costs from your total income.

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The “Science” Behind Residential vs. Commercial Real Estate Appraisal

The Robert Weiler Company

The following article delves into the “science” of residential and commercial real estate appraisal and discusses the steps to succeed. The goal of a real estate valuation is to pinpoint the price and value of a property. In addition, there are four main methods for calculating a commercial real estate valuation.

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Must-Read Tips to Appraise, Buy, and Sell Special Purpose Property [2021]

The Robert Weiler Company

Simply going further back in the historical archive – property records and newspaper articles – will provide a rough analog of a similar property that the appraiser can use as an evaluation anchor point. Research the specialty property appraisals of those sales and adjust to current dollar values. This approach requires research.

Appraisal 158
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2024 USPAP For Appraisers

Appraisal Today

As this property data collector thing moves along, there continues to be no legitimate reason for Fannie Mae’s motivation to push this so hard other than they want the valuation process fully automated and can pay $25 for an untrained inspector to view a home. Fannie Mae sees the appraisal process as “inspection + value.”