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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. Are You Cut Out to Be a Landlord? I always appreciate Jessica’s articles! Next, look at your space.

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Taking the leap: The benefits of buying vs. renting a home

Housing Wire

By the time the first week of the month arrives, you’ve sent off that rent payment to your landlord. Unlike renting, where you’re consistently paying out money to a landlord, a purchased home offers the prospect of building wealth since it may appreciate in value over time.

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Choosing Materials When Renovating a Rental Property

Eppraisal

Whether you have just purchased an investment property or have had one for some time, if it is ready for a renovation, you will want to carefully select your materials. It is also important for landlords to remember to choose materials that will help retain property values. You should also consider a carpeting that is stain resistant.

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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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What’s New in Appraisal Membership: Summer 2022

McKissock

Renovation and Remodeling Appraisal Considerations. When appraising proposed modifications, remodels, or renovations to a residential property, appraisers must decide the feasibility of the modification, if it adds any contributory value, if it extends the remaining economic life, or possibly improves the property’s marketability.

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In-House vs. 3rd-Party On-Site Property Managers: Which Is Best for Your CRE?

The Robert Weiler Company

Our article delves into these two approaches, exploring the twin poles of the debate. If you’re the landlord of multiple properties, the time necessary to manage this task alone could be enormous. This allows us to perform any level of maintenance and renovations with quick response time and competitive pricing.

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7 Top-Rated Appraisal Job Aids (Free for Members)

McKissock

Commercial Real Estate Leases In this job aid, you will find a table outlining the five main types of commercial leases and the expenses that landlords and tenants usually bear according to these types of leases. Learn about the benefits of membership.