Renovating Or Flipping A Property

The most common use of this product is to determine what the value of a home will be in the future. This appraisal will provide an “as completed” value, as if the new features being planned in the renovation already exist. For example, a bank owned home that is in rough condition is purchased with the intent of remodeling it to offer for sale. Identifying the appropriate improvements to be completed can greatly impact the return on investment. We will rely on your renovation plans to evaluate the value of the home in its future state. We can make recommendations sell within a specified timeline or to better compete with similar properties in the market. 

Investment Property

By examining the prospective rental revenue that a property might produce, investment evaluation using rental analysis is a technique used to assess the profitability of an investment property. This often includes making estimates for the rental income as well as expenses like mortgage payments, property taxes, and upkeep charges. The resulting net income is then used to compute a return on investment, which can be used to assess the prospective profitability of one property, or of several investment properties to determine which property to buy.

Asset Management

Knowing the worth of your real estate holdings is crucial for portfolio balancing, tax planning, investment planning, making educated decisions, assessing performance, and deciding whether to refinance or sell. It enables you to comprehend the value of your investments, your prospective return on investment, your potential tax liability, and how to diversify your portfolio. It also allows you to monitor the success of your investments, make better investment decisions, and negotiate better terms when refinancing or selling. Overall, knowing the worth of your real estate investments is critical to managing your money and making sound investment decisions.