There is a tea party underway. But it doesn't involve a particular political party. It involves a revolt against real estate taxes levied by local taxing authorities against real estate owned by companies with national name recognition like Walgreen's, General Electric, and Brigestone. These companies contend that they're being taxed on their hard … [Read more...]
The Obfuscation Method for Valuing Commercial Real Estate
Traditional Methods Typically, appraisers use one or more of three recognized methods to value commercial real estate. These include: The Cost Approach The Sales Comparison Approach, and The Income Approach These methods work well for valuing most types of commercial real estate. On rare occasions, however, only one method seems to be … [Read more...]