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Six Essential Steps to Commercial Real Estate Success

Cleveland Appraisal Blog

Working as a commercial real estate developer can be a lucrative career path for savvy entrepreneurs. Setting Yourself Up for Success in Real Estate Development. Perhaps the most important trait for a commercial real estate developer is the ability to identify an ideal piece of land. Image by Unsplash. Network to get funding.

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How to Find a Property Manager Company in Ohio

The Robert Weiler Company

Hiring the wrong property manager can result in missed rent, vacancies, poor maintenance, tenant dissatisfaction, and financial loss. A property manager is a liaison between the property owner and tenants, staff, or contractors. The objective of a property manager is to run the operation smoothly while maintaining tenant satisfaction.

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

The Robert Weiler Company

retail and restaurant headquarters, but the Columbus, OH real estate and job markets have seen remarkable growth, too. 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. .

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Eleven Types of Risk in Commercial Real Estate

Property Metrics

Similarly, leased property includes a risk that tenants will not be able to make timely lease payments as expected. Late payments can create cash flow problems for the property owner, but the situation can be worse if the tenant goes out of business and moves out of the space. Inflation Risk. Interest Rate Risk.

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Fannie Files Complaint Against Appraiser

Appraisal Today

Department of Housing and Urban Development (HUD), through the Federal Housing Administration (FHA), has announced a new policy which allows lenders to count income from small units of housing built inside, attached to, or on the same property as a primary residence (Accessory Dwelling Units [ADU]) when underwriting a mortgage.

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2024 USPAP Changes Clarify Nondiscrimination

Appraisal Today

Definitive numbers are difficult to come by since the Department of Housing and Urban Development (HUD) has failed to respond to public record requests on this question. According to the complaint, Horton is Black and the owner of a multifamily property in Ohio that is fully occupied by Black tenants who are on Section 8.

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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. The data is then analyzed and used to develop opinions of value. Rent a section to retail establishments. Keep your property up-to-date.