Cleveland Appraisal Blog

AUGUST 25, 2022

You’ve just purchased your first property to renovate. How can you capitalize on your first investment property? Whether your first investment property will be a rental or a flip, your goal is to walk away with more money than you put into it. Let the Renovations Begin! Decide on How to Proceed.

Investing 332

Investing Renovations Landlords Real Estate 332

Property Metrics

MAY 28, 2021

As a result of these changes, a commercial property could be cash flow positive one day and undesirable the next due to shifts in tenant desires or some other factor. . The real estate term for this type of risk is “obsolescence” and there are three types that CRE investors should be aware of.

Real Estate 50

Real Estate Tenants Modernization Renovations 50

Simonson Real Estate

JULY 10, 2020

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.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

Simonson Real Estate

DECEMBER 6, 2022

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. Signed lease documents, detailed rent roll, etc.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Appraisal Today

DECEMBER 2, 2022

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.

Appraisal 80

Appraisal Agents Real Estate Real Estate Agent 80

McKissock

FEBRUARY 16, 2021

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. To establish value of the real property in a bankruptcy filing. Reasons for engagement.

Appraisal 96

Appraisal Tenants Construction Renovations 96