If you hold a Certified General Appraisal license with the state and aren't earning a six-figure income, you should ask yourself: Why? You certainly don't lack the skills, the drive, or the motivation. It's not uncommon for those who now work with or who have worked with Russell Roberts Appraisals, Inc., in the past to make a six-figure … [Read more...]
What we love (and don’t) about the construction boom in Nashville, TN.
Nashville, TN, is the current poster-child of a successful, vibrant, and beautiful city. Fueled by population and job growth, construction across Nashville is booming. Cranes litter the horizon as a testament to its popularity. We love Nashville so much that we recently opened an office there. Personally, I look forward to the excitement and … [Read more...]
Death and Taxes – We Can Help
In the world of commercial real estate, taxes are an important consideration. Real estate taxes are based on the value of the property as estimated by the local tax assessor. In most cases, the assessor does a pretty good job. But in some cases, the estimate is far too high, resulting in excessive tax bills for some people and corporations. Are you … [Read more...]
When Losing Money on Commercial Real Estate Makes Perfect Sense
Today, I'm going to explain how losing money on commercial real estate makes perfect sense. Hear me out. One of the primary methods used by commercial appraisers to value many types of commercial real estate is the 'income approach'. The income approach is an attempt to quantify how much a purchaser or investor would be willing to pay for the … [Read more...]
Multichannel Retailing | Impacting the Value of Commercial Real Estate
I recently completed appraisals of two large industrial buildings in Tennessee. They were leased and occupied by an international company. What interested me about these assignments, and what should interest you too (especially if you own commercial real estate), is the impact multichannel retailing is having on the value of these and other types … [Read more...]
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