Are you an Investor looking for help?
SDI Appraisal offers local expertise for investors. Whether you are looking to flip a property, assess an investment property or increase the strength of your portfolio we can help. Knowledge is power and understanding potential return on investment allows you to make informed investment decisions.
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.
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.
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.
Ready to buy that investment property?
SDI Appraisal Mission Statement
Committed to empowering our clients with clarity and direction.
Stephen D. Ihrig II, SRA is principal of SDI Appraisal, specializing in the valuation of residential real estate. Steve has been providing appraisal and consulting services since 2003. Currently a Certified Residential Appraiser in the State of Florida, Steve was awarded the SRA designation from the Appraisal Institute.
In today’s ever-changing real estate market, utilize only the best and most qualified individuals to perform your residential appraisals. An accurate value supported by data and analysis, that reflects market trends, can hold up in any court of law, is considered a high-quality report by any lender’s underwriting system, and meets all USPAP (Uniform Standards of Professional Appraisal Practice) standards should be your primary objective when retaining a real estate appraiser.