Cleveland Appraisal Blog

AUGUST 25, 2022

But, if you don’t mind the work, which includes rolling up your sleeves for simple repairs, chasing tenants for late rents, and paying an additional 25% insurance premium than you would on your primary residence, then buying your first rental home as a recurrent source of income might be a smart idea. Let us know ! Image via Pexels. .

Investing 337

Investing Renovations Landlords Real Estate 337

Cleveland Appraisal Blog

JUNE 18, 2022

I normally don’t post more than one article per week. This week I have a bonus article for my appraisal colleagues who are interested in becoming expert appraisal witnesses in eminent domain cases. This article was written by Leslie Fields, the Executive Director, Owner’s Counsel of America.

Appraisal 312

Appraisal Law Development Valuation 312

Cleveland Appraisal Blog

NOVEMBER 14, 2022

Whether it’s a residential building or a retail mall, you want to attract tenants and clients so that you can start generating profit. And thank you for reading another article from the Cleveland Appraisal Blog! I’m working on new articles of my own. Invest in marketing. Be clear with contractors. Click here to register.

Real Estate 308

Real Estate Development Appraisal Contracts 308

Housing Wire

OCTOBER 1, 2022

Investors may have been attracted to the market as they saw rents increase for tenants. This article offers a preview of our upcoming HousingWire Annual Housing Market Super Session that will feature an all-star panel of housing experts. Unfortunately, the share of first-time buyers remains suppressed at just 29% last month.

Realtors 418

Realtors Housing Market Marketing Buyers 418

Housing Wire

MARCH 13, 2023

Tsai works with both homebuyers and tenants and while he says his business is typically split 50/50 between buyers and tenants, he has noticed a shift as mortgage rates have risen over the past six months. Things finally slowed down in November and I expect them to pick back up in the spring. It is still a good time to sell.”

Housing Market 370

Housing Market Marketing Tenants Buyers 370

Housing Wire

APRIL 27, 2021

Here it is: another article about appraisal modernization. Many are tired of hearing about how the appraisal industry needs to change and progress. But it’s true, and change is necessary. Where would our Internet-provider world be if it hadn’t evolved beyond 9600 baud modems to gigabit fiber-optic service?).

Modernization 347

Modernization Appraisal HOA Valuation 347

Cleveland Appraisal Blog

JUNE 17, 2022

Hopefully, you found this article to be interesting. Here are some links to other articles I’ve enjoyed recently! For my readers in the CLE area… here are some articles related to news in our local area. There is so much more that goes into an appraisal. Thanks for being here! Click here to visit their website.

Appraisal 283

Appraisal Development Market Value Tenants 283

The Robert Weiler Company

MARCH 28, 2021

For tenants, mixed-use space is commonly referred to as a live-work space. Diversity of tenants. Typically, a property owner who rents a standalone retail store or building risks a substantial decrease in revenue should they lose a tenant. What will attract and keep tenants in your mixed-use real estate development?

Investors 158

Investors Tenants Real Estate Retail 158

The Robert Weiler Company

MARCH 9, 2021

Our article delves into these two approaches, exploring the twin poles of the debate. To maximize profits and maintain good relationships with long-term tenants, the property manager must invest a lot of time and work. While many tenants are courteous individuals, some feel a 3:00 AM call over a trivial matter is appropriate.

Property Management 148

Property Management Tenants Property Taxes Business 148

Property Metrics

FEBRUARY 27, 2025

WALT measures the average remaining lease term of tenants in a property, weighted by their rental income contribution or square footage occupied. Definition: WALT is the average remaining lease term of tenants in a property, weighted by either rental revenue or square footage. What is Weighted Average Lease Term (WALT)?

Real Estate 36

Real Estate Tenants Investors Retail 36

The Robert Weiler Company

APRIL 5, 2023

LawDepot™ explains a sublease as, “… a legally binding contract between a tenant and a new tenant… The sublease gives the subtenant the right to share or to take over the rented premises from the first tenant.” Conduct due diligence on the tenant you’re subleasing from as well as their landlord.

Landlords 144

Landlords Tenants Logistics Real Estate 144

Valuation Review

JULY 14, 2021

Valuation Review reached out to Senior Vice President John Feeney of The Boulder Group for his thoughts on cap rates in the single tenant lease sector. Feeney, in his article “The Net Lease Market Report,” pointed out many trends and statistics within the market reflecting what is happening in net lease retail and industrial assets.

Valuation Review 78

Valuation Review Tenants Retail Valuation 78

Housing Wire

DECEMBER 7, 2023

Features Commercial Lease Clauses of Tenant Concerns: Part III and other residential courses C Gold Package 12 Hrs: Includes 12 hrs of CE for MA commercial real estate. Features Commercial Real Estate Basics and 5 other landlord and tenant courses Broker Prelicensing $420 Online Broker Supervised Video Course: Webinar.

Real Estate 435

Real Estate Real Estate Agent Law Brokerage 435

Simonson Real Estate

OCTOBER 23, 2020

Moderate credit tenants – 6.5% Multi-tenant retail centers – 6.0% In-depth underwriting is currently taking place to ensure the borrowers and tenants occupying space have the durability to continue performing no matter what conditions the market presents. Urban core Class A – range of 4.5% Suburban Class A – 5.0% Class B – 5.5%

Appraisal 143

Appraisal Retail Tenants Real Estate 143

The Robert Weiler Company

MAY 18, 2022

Retail space for sale differs from other types of commercial real estate because owners are trying to either (1) attract customers, or (2) attract tenants that plan on attracting customers. Good staging gives prospective tenants ideas on what they can do with the property themselves. CRE Property #2: Retail/Restaurant Storefront.

Real Estate 148

Real Estate Tenants Retail Investing 148

Eppraisal

FEBRUARY 8, 2022

Potential tenants are flocking to new rental listings and are fighting for the opportunity to be approved. This is a prime opportunity for landlords to find solid tenants for their rental properties. There are some key characteristics to look for in a well-qualified tenant. Rental prices are going up just as home values are.

Tenants 36

Tenants Landlords Home Value Law 36

Cleveland Appraisal Blog

FEBRUARY 17, 2021

They claimed that the tenant who lived there was difficult, and it was just too difficult to let me inside. I had mentioned this in another article I wrote several years ago on tax appeals. Here are some links to other articles I’ve enjoyed recently! They claimed that there was a lot of work needed to the interior.

Appraisal 219

Appraisal Clients Inspection Market Value 219

Simonson Real Estate

JANUARY 23, 2020

This article shares the best insights and trends from 2019 and expectations into 2020. Often times, the tenant is able to rationalize these locations with part of the costs allocated for marketing. Investors want to have a stronger comfort level with the probability the tenant will renew. This has changed from even 10 years ago.

Real Estate 78

Real Estate Tenants Retail Valuation 78

McKissock

FEBRUARY 16, 2021

Why might you be engaged to appraise a single or multi-tenant industrial or flex style office building? Current detailed rent roll showing tenant’s name, when lease(s) began, term, square footage area and what each tenant pays in addition to the basic rent. Reasons for engagement.

Appraisal 96

Appraisal Tenants Construction Renovations 96

Simonson Real Estate

FEBRUARY 26, 2021

Minnesota enacted an eviction moratorium, restricting landlords from evicting delinquent tenants. This information is from exit interviews of all tenants that vacated their properties during that seven-month time. In addition to vacancy, they stated new tenant inquiries have significantly slowed. between March and October 2020.

Landlords 117

Landlords Tenants Buyers Development 117

Appraisal Partners Blog

JANUARY 18, 2025

This article will explore the specific challenges, processes, and nuances of commercial appraisals, providing a guide to help you navigate this important aspect of the commercial real estate landscape. Factors like location, tenant mix, lease rates, and building amenities play a critical role in determining their value.

Investors 78

Investors Appraisal Business Tenants 78

McKissock

JANUARY 3, 2023

There are other factors that are normally adjusted for in single-unit appraisals which may be of little or no consideration in appraisals of 2-4 unit properties, unless those factors impact the amount of rent a tenant would be willing to pay, or the investor’s bottom line. How to begin when appraising small income properties.

Appraisal 89

Appraisal Tenants Investors Investing 89

The Robert Weiler Company

JULY 7, 2022

National Geographic even published an article titled, “ Why all the cool kids love Columbus, Ohio. ”) Thus, this type of Columbus real estate couldn’t be a wiser investment! As a result, losing a tenant for a month or longer will ultimately reduce your overall profit. There’s a good chance that some units may be unoccupied.

Real Estate 78

Real Estate Investing Tenants Retail 78

The Robert Weiler Company

APRIL 22, 2023

How flexible are your rights as a tenant? Hire a Commercial Tenant Broker to Find Office Space to Rent When you work with the commercial listing agent handling the office space for rent, they have the property owner’s best interests in mind. However, when you hire a commercial tenant broker, they have your best interest in mind.

Tenants 78

Tenants Real Estate Transportation Clients 78

Property Metrics

SEPTEMBER 19, 2020

In this article we’ll take a closer look at the double net commercial real estate lease. A double net lease is a lease structure where the tenant is responsible for paying for two expenses associated with the property. The two expenses paid by a tenant under a double net lease are real estate taxes and insurance.

Tenants 53

Tenants Landlords Property Taxes Real Estate 53

Simonson Real Estate

DECEMBER 6, 2022

Having worked with many different lending institutions completing new construction and planned renovation assignments, think of this article as a “best practices” reference to be shared with new lenders, credit analyst team members and borrowers navigating the commercial appraisal process for the first time.

Appraisal Process 78

Appraisal Process Real Estate Appraisal Renovations 78

Chicagoland Appraisal Blog

MARCH 21, 2022

We do appraisals for private sales, landlord-tenants looking to do a private sale without exposing it to the market, siblings or relatives type of private sales, and things among those lines. In my practice here, we specialize in the non-lending side of the appraisal hemisphere.

Appraisal 148

Appraisal Tenants Real Estate Property Taxes 148

McKissock

MAY 14, 2023

population, news articles, economic data, internet searches, etc.) Type and definition of value (be sure to cite the source of the definition) Effective date of the appraisal Date of the report Use of the real estate as of the effective date of value and the use of the real estate reflected in the appraisal report Problem statement (i.e.,

Appraisal 87

Appraisal Appraisal Process Property Appraisal Real Property 87

Property Metrics

AUGUST 13, 2020

In this article, we’ll look at eleven types of risk in commercial real estate investment. . Similarly, leased property includes a risk that tenants will not be able to make timely lease payments as expected. Vacancy rates increase, and finding a new tenant is challenging. Credit/Default Risk. Inflation Risk. Interest Rate Risk.

Real Estate 53

Real Estate Tenants Investing Construction 53

Property Metrics

MARCH 1, 2021

The owner and/or developer of the property works first to attract one or more “anchor” tenants and then surrounds them with a variety of smaller tenants who benefit from the traffic they create. These tenants typically include coffee shops, nail salons, bank branches, and quick service restaurants. What is a Co-Tenancy Clause?

Tenants 50

Tenants Landlords Retail Legal 50

Property Metrics

JUNE 22, 2020

The term “single net lease” is sometimes used in commercial real estate to describe a lease where the tenant is responsible for paying one particular expense. In this article we’ll discuss the single net lease and point out several pitfalls you should consider. What is a Single Net Lease? The Spectrum of Real Estate Leases.

Tenants 36

Tenants Property Taxes Landlords Real Estate 36

McKissock

JANUARY 14, 2022

A tenant came along with a large dog and was in the house for one year. Two years and two tenants later, I recently had to bring in a specialist because there was still a urine odor in an area of the living room from under the carpet where bacteria had survived the previous treatments.

Appraisal 77

Appraisal Tenants Inspection Market Value 77

Eppraisal

FEBRUARY 11, 2022

When a rental property goes on the market, tenants are flocking to see it. Prospective tenants searching these sites for rental properties to live in are inquiring about the properties and requesting to see them. This email should include your basic requirements for prospective tenants.

Tenants 36

Tenants Law Home Value Investors 36

The Robert Weiler Company

SEPTEMBER 23, 2021

When buying commercial real estate in Ohio or beyond, you must have access to a roster of current tenants, service contracts, and maintenance records. While industrial properties can be subdivided into eight narrower categories, this article will focus on the standard variables you will want to know when buying in any submarkets.

Retail 158

Retail Real Estate Business Training 158

Eppraisal

FEBRUARY 4, 2022

In an article written by Sarnen Steinbarth, a Forbes Councils Member, How to Calculate the ROI on a Property Investment , he states, "With long-term appreciation, a monthly cashflow and tax advantages, owning and operating rental properties will increase your wealth so you can save for retirement."

Agents 36

Agents Tenants Property Management Investing 36

Zillow

JUNE 11, 2018

This jump in the number of renters has put pressure on both tenants and landlords. Tenants are scrambling to find the right place, while landlords are trying to find the right price. Utilities are not exactly a hidden cost, but they’re often overlooked by tenants eager to move into a new apartment or renew their current lease.

Landlords 36

Landlords Tenants HOA Law 36

Eppraisal

SEPTEMBER 2, 2022

You'll receive the most money during these months as tenants prefer moving in the spring, summer or fall months versus the cold, winter months. Be sure you or your tenants are changing the furnace filter monthly or every few months at the minimum. Your eyes are much better than your tenants' eyes.

Investing 36

Investing Tenants Home Value Landlords 36