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Commercial Real Estate Appraisal: How to Reduce Commercial Property Taxes

Appraisal Hub

The Role of Commercial Real Estate Appraisal A commercial real estate appraisal is a comprehensive evaluation conducted by certified appraisers to determine the value of a property. This valuation plays a crucial role in various aspects of property management and investment, including sales, financing, and, importantly, taxation.

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How to Find a Real Estate Appraisal Mentor

McKissock

One day, there will be no one to develop an unbiased independent third-party opinion of market value. There will only be a machine, and the value of your real estate will be dictated to you. The nation needs appraisers. The nation needs us, yet they don’t see the real reason we exist. McKissock is your appraisal wingman.

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Eleven Types of Risk in Commercial Real Estate

Property Metrics

A liquid asset is one that can be sold immediately at market value. If an owner had to sell a piece of real estate by the end of the day, chances are that it would be for a price far below market value. The degree of illiquidity varies according to location, property type, and market cycle. Management Risk.

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Difference Between Leasing and Renting

Movoto

Keep in mind, some areas will not allow landlords or property managers to raise rent in the middle of a rental agreement so make sure to check with local authorities. Leases offer more stability in terms of rent, as the amount is fixed for the duration of the lease. Rental agreements allow for more frequent rent adjustments.

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Things to Consider When Purchasing a Vacation Home

Assurance Financial

While renting the property out can help you pay down the mortgage, you might not want to rely on rental income to cover the second mortgage since you might not rent the property out enough to cover the costs. Also, consider the effort involved in renting the property. Who Will Take Care of the Home? Houses need regular upkeep.

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Preparing for Retirement: How to Sell Your Appraisal Business

McKissock

If you are still a few years from retirement, find out the approximate current market value of your business, and start looking for ways to increase that value. Buyers and lenders look at what the value of your business is likely to be in the future. It will certainly be much less than the fair market value.

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Preparing for Retirement: How to Sell Your Appraisal Business

McKissock

If you are still a few years from retirement, find out the approximate current market value of your business, and start looking for ways to increase that value. Buyers and lenders look at what the value of your business is likely to be in the future. It will certainly be much less than the fair market value.