Remove Blog Remove Real Property Remove Tenants
article thumbnail

Make Your First Investment Property an Attractive and Profitable Option

Cleveland Appraisal Blog

Today, Cleveland Appraisal Blog shares a few tips for first-time investors. When you’re about to buy your first real property outside of your primary residence, you should know whether you’re going into it with the intention of renting or if you want to flip and make an immediate profit. Decide on How to Proceed. Let us know !

Investing 332
article thumbnail

Tell-Tale Signs You Should Hire a Specialist in Real Property Management – Columbus, Ohio

The Robert Weiler Company

Let’s face it, property management is a long-term ordeal, and not everyone has the time to perform real property management – you are not alone. Maintaining and running a property can quickly become overwhelming. If so, they may be signs that you need help from an on-site property manager for hire!

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Navigating the Appraisal Process – What You Need to Know

Simonson Real Estate

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.

article thumbnail

How should appraisers approach short-term rentals?

DataMaster

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. The purchase of real property for the purpose of investment is not new.

Appraisal 148
article thumbnail

Helping Lenders Navigate the Commercial Real Estate Appraisal Process

Simonson Real Estate

The understanding here is the tenants could vacate and a more reliable value is provided by the fee simple analysis based on market rents. Examples: A building owner has a single lease or multiple leases with tenants. Sometimes, a building will have all short-term (less than 12 month) leases. Clarify What Value or Values are Needed.

article thumbnail

How should appraisers approach short-term rentals?

DataMaster

Note: This blog post about short-term rentals was originally posted on Class Valuation’s site on May 11, 2022. However, the GSEs did not make a parallel change to the property qualification side of the lending decision. The purchase of real property for the purpose of investment is not new.

article thumbnail

What Is a Land Contract In Ohio? Full Guide [2021 Update]

The Robert Weiler Company

As such, some investors that purchase Ohio property for sale for the purpose of flipping consider offering a land contract for their real property. At its most basic level, a ground lease is not a sale of land, but rather a rental of land to a tenant that plans to build on the property. Risk of eviction.

Contracts 143