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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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Tell-Tale Signs You Should Hire a Specialist in Real Property Management – Columbus, Ohio

The Robert Weiler Company

Let’s face it, property management is a long-term ordeal, and not everyone has the time to perform real property management – you are not alone. Maintaining and running a property can quickly become overwhelming. If so, they may be signs that you need help from an on-site property manager for hire!

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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. Risk of eviction.

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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NAR: Appraisal License Equivalency Credit for RE Agents?

Appraisal Today

In a July 9, 2015, Concept Paper – Alternate Track to the Experience Requirements in the Real Property Appraiser Qualification Criteria, the AQB asked: “Are there practical alternatives for some (or all) of the appraisal experience requirements to include non-appraisal experience?”. Compliance with the Equal Credit Opportunity Act.

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How should appraisers approach short-term rentals?

DataMaster

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. The purchase of real property for the purpose of investment is not new.

Appraisal 148
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Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

An appraisal is an objective, impartial, and unbiased opinion about the value of real property prepared by a State Licensed or Certified professional appraiser. The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Value Scenarios.