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Make Your First Investment Property an Attractive and Profitable Option

Cleveland Appraisal Blog

You’ve just purchased your first property to renovate. Let the Renovations Begin! When you’re figuring out how much money you can put into your property, don’t forget to calculate renovations. I always appreciate Jessica’s articles! How can you capitalize on your first investment property? Let us know !

Investing 338
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What It Takes to Be An Expert Appraisal Witness in An Eminent Domain Case

Cleveland Appraisal Blog

I normally don’t post more than one article per week. This week I have a bonus article for my appraisal colleagues who are interested in becoming expert appraisal witnesses in eminent domain cases. This article was written by Leslie Fields, the Executive Director, Owner’s Counsel of America.

Appraisal 312
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Guide on How to Buy Rental Property

Movoto

On paper, it sounds easy: buy a home, renovate where necessary, and after screening prospects, place a well-qualified tenant on the property. To help future landlords, we’ve included a handful of useful tips throughout this article. Even the most easy-going tenants in homes with great bones can sometimes experience issues.

Tenants 36
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Anatomy of a Commercial Real Estate Appraisal: A Top 17 Q&A Guide

The Robert Weiler Company

If you’re reading this article, you will likely need a commercial real estate appraisal for property being sold, mortgaged, taxed, insured, or developed. For the purpose of this article, we’ll mostly stick to the word “appraisal.”. Question 2: Who conducts a commercial real estate appraisal? Keep your property up-to-date.

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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. On several occasions, we were presented information about construction or renovation plans well after the initial assignment was started. Lenders, what’s in it for you?

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Residential Appraisals and Airbnb Income?

Appraisal Today

GRM is an Income Approach that applies to homes with long long-term tenants, not homes with many Short Term Rentals. I posted her article on my website so that everyone can read it. Plus a short video on the renovation. Some of the topics: • USPAP issues. • Functional Obsolescence. External Obsolescence.

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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? To examine the feasibility of renovating, expanding or repositioning an existing building. A basic description of the property: age, size, last time sold/acquired, last time renovated and similar. Reasons for engagement.