Appraisal Buzz

NOVEMBER 18, 2024

New owners used their cost savings to renovate and undercut our rent rates. For a while, we were the crown jewel of the submarket which gave us a competitive advantage when leasing. But the tide turned quickly. Neighboring properties, previously underperforming, sold at discounts. Will he be able to <insert hail mary options>?

Development 335

Development Finance Real Estate Housing Market 335

Housing Wire

JULY 10, 2024

But when the apartment’s landlord declared that all units in the building would be renovated and force all current tenants out, the clock began ticking for a solution. Ultimately, after gaining a senior living waiver from the state of California , the family sought to find a better arrangement. “The

Tenants 476

Tenants Mortgage Construction Landlords 476

Housing Wire

MAY 20, 2022

If your home is more of an investment home, investors often want a home already outfitted with tenants or an underpriced home, so there’s room in the pricing to cover the cost of renovations. The nice thing about using Roofstock is you can sell the home with tenants in it. Sell to Your Tenants. Hire a Real Estate Agent.

Real Estate Agent 435

Real Estate Agent Tenants Real Estate Agents 435

Housing Wire

JANUARY 9, 2024

A recent survey by Villa noted that some ~60% of rental tenants said that living in an ADU has allowed them to live in a neighborhood they would not otherwise be able to afford — that’s a big deal. For homeowners, ADUs can generate substantial rental income that assists homeowners in covering escalating property taxes and mortgage payments.

Finance 501

Finance Construction Tenants Renovations 501

Housing Wire

MAY 5, 2022

million to build and renovate 130 affordable homes in Nashville, Tennessee, bringing the total investment in the city to about $100 million. million grant to local nonprofit CrossBridge ‘s 84-unit housing project, where 50 units will be newly built and the other 34 units renovated. Amazon is committing $10.6

Renovations 370

Renovations Tenants Investing Development 370

Housing Wire

AUGUST 10, 2023

Meanwhile, innovation-driven transparency is helping to make distressed property auctions more accessible for these owner-occupant buyers as well as for local community developer buyers who, it turns out, sell most of their renovated foreclosures to owner-occupants. I rented back to the previous owner, and they are still the tenant.

Renovations 370

Renovations Buyers Development Insurance 370

Housing Wire

JANUARY 20, 2021

Finally, we need to renovate our existing housing stock. We need to harness the entrepreneurial spirit of our industry and incentivize small contractors, property owners and developers to renovate, rehab and repurpose existing housing to better reflect the changing demographics and preferences of the housing market.

Renovations 459

Renovations Law Development Real Estate 459

Housing Wire

JULY 16, 2024

Exemptions would be provided to new construction and units with “substantial” renovation and rehabilitation. Biden’s new plan would cap annual rent hikes at 5% for two years for landlords who manage 50 or more rental units, which the administration said would cover 20 million units, or roughly half of all rental units in the country.

Landlords 488

Landlords Construction Land Management Tenants 488

Housing Wire

APRIL 27, 2023

The lawsuit claims further that the company “ignored permitting laws to avoid fees and increased taxes as well as to get renovated homes on the rental market as soon as possible.” Invitation Homes (IH) spent about $25,000 on renovations per home for its California SFR portfolio, pleadings in the lawsuit state.

Renovations 395

Renovations Investing Real Estate Marketing 395

Housing Wire

APRIL 22, 2024

I can also provide expert advice about renovations and the potential return on investment — where to get the biggest bang for your buck — or simply answer any questions you have about the market. We help real estate investors with everything from finding new tenants to acquiring more properties to expertly handling 1031 exchanges.

Real Estate 467

Real Estate Open Houses Brokerage Real Estate Agent 467

Mashvisor

AUGUST 14, 2023

Looking to increase your ROI and attract high-value tenants? These six home renovations may provide an answer. Rental property ownership can be lucrative, but success often relies on attracting high-value…

Tenants 69

Tenants Renovations Investing Investors 69

Cleveland Appraisal Blog

AUGUST 25, 2022

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. How can you capitalize on your first investment property? Next, look at your space.

Investing 337

Investing Renovations Landlords Real Estate 337

D Fritz Appraisals

NOVEMBER 7, 2024

Vancouver’s office space availability is the highest in 20 years, with landlords and building owners adapting their leasing strategies as many tenants require more flexibility with their office space rentals. One such adaptation is coworking.

Real Estate 112

Real Estate Retail Tenants Investors 112

McKissock

SEPTEMBER 23, 2020

Quality tenants—those who pay on time, take care of the property, and follow the rules of their lease—are a rental property manager ‘s dream. After all, finding new tenants is expensive and time-consuming. Having a bad tenant is bad. Having no tenant is unacceptable,” says M. Tenant turnover kills their profits.

Property Management 98

Property Management Tenants Landlords Advertising 98

Housing Wire

JULY 29, 2024

Multifamily renting An Uber-like experience to match today’s 30 million renters with property managers, Domino would provide tenants with a personalized readiness rating. The app would pull a credit report, do a background check and preapprove a tenant at certain price points so the renter knows what monthly payment they can afford.

Tools 360

Tools Training Tenants Property Management 360

The Robert Weiler Company

SEPTEMBER 25, 2020

The day-to-day property management can include everything from picking up the phone for a tenant complaint to contacting a local vendor for a maintenance request. Tenant Management. Your property management company should also be well-versed in tenant management. Show prospective tenants the vacant units and the property.

Property Management 143

Property Management Tenants Real Estate Inspection 143

The Robert Weiler Company

MARCH 9, 2021

To maximize profits and maintain good relationships with long-term tenants, the property manager must invest a lot of time and work. That means being responsible for most big-ticket property maintenance tasks like pipes bursting, appliance repairs, and fielding tenant complaints. Ideally, these disputes don’t end up in court.

Property Management 148

Property Management Tenants Property Taxes Business 148

BiggerPockets

OCTOBER 16, 2024

You know you need money for a down payment, skills to manage tenants/perform renovations, and […] Want to invest in real estate but feel like you don’t have everything it takes?

Real Estate 91

Real Estate Investing Tenants Renovations 91

Simonson Real Estate

JULY 10, 2020

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. New construction or planned renovations – Actual construction cost statements, plans, material specifications, etc.

Appraisal Process 148

Appraisal Process Appraisal Market Value Tenants 148

The Robert Weiler Company

SEPTEMBER 23, 2020

Most building owners and multi-family real estate investors don’t realize that property management companies can completely relieve them of the day-to-day administration of property, prospects, and tenants. It would be best if you found the right people or companies familiar with your property type and its tenants.

Property Management 142

Property Management Tenants Investing Legal 142

BiggerPockets

OCTOBER 20, 2023

Security deposits, credit checks, and home renovations can seem DAUNTING when it’s your first real estate rodeo. How much do you charge, which tenant do you select, […] First rental property?

Tenants 92

Tenants Renovations Real Estate 92

The Robert Weiler Company

APRIL 15, 2022

Rent relates to a short-term agreement between the owner of the commercial property and the renter (or tenant – basically, the individual that pays a fee to use property owned by the other party). A commercial lease is a legally binding contract that details the relationship between a tenant and a landlord.

Tenants 144

Tenants Landlords Property Taxes Real Estate 144

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

JULY 6, 2021

The two scenarios surrounding build-to-suit are speculative buildings and scenarios where the tenant has already been secured. Speculative buildings are produced without the guidance of a specific tenant in mind but can be rewarding if they are of high quality and fulfill the needs of local businesses. Appearance.

Logistics 147

Logistics Tenants Real Estate Modernization 147

GoForrmz

DECEMBER 5, 2024

AR takes this a step further by enabling clients to visualize renovations or furniture placement within a property. For landlords, IoT can simplify tenant experiences, allowing for remote access or utility management.

Real Estate 78

Real Estate Property Management Tools Clients 78

Cleveland Appraisal Blog

JUNE 18, 2022

Superior Arts District’s new tenant brings jobs, art to in renovated warehouse – Marc Lefkowitz of Cleveland Fresh Water. I hope you enjoy these also… . Laid off: enjoying summer pleasures while contemplating the future – Brittany Hooper of Fresh Water Cleveland.

Appraisal 312

Appraisal Law Development Valuation 312

Cleveland Appraisal Blog

JUNE 17, 2022

Superior Arts District’s new tenant brings jobs, art to in renovated warehouse – Marc Lefkowitz of Cleveland Fresh Water. I hope you enjoy these also… Laid off: enjoying summer pleasures while contemplating the future – Brittany Hooper of Fresh Water Cleveland.

Appraisal 283

Appraisal Development Market Value Tenants 283

BiggerPockets

AUGUST 1, 2024

If you’re feeling the stress of ownership, whether it’s due to a difficult tenant or unforeseen […] Real estate investing offers a roadmap to financial freedom, but it’s far from easy.

Real Estate 57

Real Estate Renovations Tenants Investing 57

The Robert Weiler Company

JUNE 17, 2022

The latter can be a lot cheaper but the amount of renovations required might end up costing you more in the long-run. Consider the cost associated with renting out the units; finding suitable tenants for available rental properties is not always as easy and cheap as you may think. Plan your budget and understand your mortgage payments.

Property Management 147

Property Management Renovations Real Estate Investing 147

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. A basic description of the property: age, size, last time sold/acquired, last time renovated and similar. Reasons for engagement.

Appraisal 96

Appraisal Tenants Construction Renovations 96

Boston Appraisal

JULY 13, 2024

Mention features like a newly renovated kitchen, spacious backyard, or energy-efficient windows. List any recent renovations or upgrades, such as a new roof, updated HVAC system, or remodeled bathroom. Information regarding tenants, leases, and rental amounts should be first and foremost when it comes to these types of properties.

Appraisal Process 147

Appraisal Process Buyers Appraisal Legal 147

The Robert Weiler Company

MAY 18, 2022

All expenses associated with the commercial property should be included, such as repairs and renovations, commercial real estate loans and interest rates, and costs associated with selling commercial real estate (e.g., Good staging gives prospective tenants ideas on what they can do with the property themselves.

Real Estate 148

Real Estate Tenants Retail Investing 148

BiggerPockets

NOVEMBER 11, 2022

Bidding on houses, renovation budgets, finding tenants—these are all skill sets you must acquire to become a financially […]. Before you invest in real estate, everything can seem new and confusing.

Real Estate 64

Real Estate Investing Tenants Renovations 64

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

BiggerPockets

DECEMBER 21, 2022

Unlike all the rest, there are no utilities, renovations, or tenants to take care of. Land flipping is an unusual real estate investment. It’s really as simple as buying a […].

Investing 60

Investing Tenants Renovations Real Estate 60

The Robert Weiler Company

JUNE 15, 2022

These reasons include reliable cash flow, easier to finance, quicker to expand your investment property portfolio, better management options, passive income, great potential for appreciation, and high demand for tenants. Even if one unit becomes vacant, you can still count on cash flow from other tenants. Reliable Cash Flow.

Investing 78

Investing Tenants Real Estate Property Management 78

Eppraisal

AUGUST 2, 2022

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. Tenants typically don't treat their rental homes like owners treat their homes. Your tenants can always use rugs if they want some carpeting in these rooms.

Renovations 36

Renovations Landlords Tenants Investing 36