The Iowa Chapter of the Appraisal Institute hosted the premiere of the Short-Term Rental class on May 9th and 10th in Des Moines and Iowa City. Executive Director Shauna Gehring arranged the back-to-back classes to serve the appraisers spread out across Iowa. The STR class is a new continuing education class offered Read more…
Jason Ferris was interviewed by the Appraisal Buzzcast crew Jim Morrison and Hal Humphreys. We discussed the Short Term Rental issue for appraisers. We also discussed my upcoming classes in Iowa in May and Las Vegas in August at ValExpo. Appraisal Buzz is an online magazine dedicated to the real Read more…
Scope of Work is the key driver for properly completing an appraisal for any litigation. In my experience, working with couples who seek real estate appraisal for divorce litigation, there are up to five people that need to be considered: the spouses, the attorneys, and the judge. If I am Read more…
How Will My Short-term Rental be Appraised? Our firm has emerged as the regional leader in the valuation of short-term rentals (STR). This includes single-family homes and condominiums that are used as STR’s, multi-family apartment buildings that have been converted to STR properties, or mixed-use commercial and residential properties that Read more…
Appraising Income-Producing Properties. Rents Tell The Story I started appraising in 2003, like a lot of appraisers. This was the boom time for mortgage lending which eventually led up to the 2007-2008 crash and subsequent 5-year recession. One thing I learned is to cross-check yourself and your thinking. When we appraise income-producing properties, you Read more…
How to know when to pick the correct technique, because they are both loads of fun! For commercial investment appraisal, most participants, such as appraisers, brokers, realtors, lenders, VC, buyers and sellers understand that rental income or selloff income is the primary driver to determine the value of an asset. Read more…
Ca$h Pad & Short-Term Rentals (STR’s) Appraisals I’m a fan of The Profit with Marcus Lemonis. I think he has a great ability to explain a particular business or industry in simple terms so everyone can understand. Now, CNBC has launched a show called Ca$h Pad with JoJo Fletcher and Read more…