The #1
Real Estate Investing
Community
   My TCI   |   Products   |   Services   |   Properties   |   Forums   |   Links   |   Articles   |   Brokers   |   Groups   |   Lenders   |   Members 
 Login    |    Join FREE   |    Invite Others New!  |    Subscribe   |    HELP! 
Wed, Aug 20, 2008 
TCI Shopping
Featured TCI Properties
Turnkey Restaurant
Carthage, NY
Price: $199,900
Topics 'N Comments
Forum Topics
* Help! I Screwed Up My Indiana Tax Lien....
* Contract For Deed... Have You Done It? Do You Want To?
* Need Ideas On Building Next Phase Of Business
* Getting Out Of Deal?
* Insuring Multiple Properties
* Anybody Really Getting 3% Option $$ From T/Bs?
* Double Close Or Assignment
* Buying LLC = Tax Re-assessment?
* SBA Dealings
* ? For Those With Single Property LLC
Comments
* Good list. I have...
* Thank you gentleman...
* I cant take any of...
* Quote Per your ...
* A CL 100 is a wood...
* What's a CL-100?? ...
* Sorry, but your...
* Ed, you lost me when...
* Sources are: NAR, 50...
* "Buying real estate...
Contact Us
703-778-5755
Login Problems?
Sales
Support
Feedback
Recommend Us
History and Purpose of TCI


Advertise on our site
Advertising Login
Sell Your Product Here!
Official PayPal Seal
Send this to:                            

Fair market rental value

Thursday, September 15, 2005 @ 09:38 AM EDT Printer Friendly Page  Printer Friendly Page
Send this Story to a Friend  Send this Story to a Friend

Contributed by: John Michael

John Michael Properties

Read more archived articles about Managing

Fair market rental value is just another step in the process of evaluating your investment property!

Rental values in most areas vary over time, market location, population need, community growth and community cost of living!
 
Advertisement
Rental values can also serve as an indicator of new and upcoming communities to invest in and serve as an indicator of a declining market.

Fair market rents are generally based on comparable rents in the area of investment but one should use common sense in this evaluation just as one would with comparables to determine the retail value of a subject investment.

We call this "Apples to Apples - Oranges to Oranges" evaluation. The comparable needs to be in likeness and location of the subject property you are trying to compare.

One way to determine the fair market value is to ask a real estate agent in the area for comparative rentals.

As an investor in some areas of investment you can gain more profit from a real estate say not only from the retail side of property but by adding an income approach in the valuation can produce a larger sales price. The income approach, the value of the property is estimated using the income, the property is expected to produce in the future.

You will find that this method is mostly used on commercial and multi unit property types but works well when selling a property that a buyer wants to hold and rent.

You will find a great web site with tons of data free at:
http://www.huduser.org/datasets/fmr.html />
"You're never a loser until you quit trying."
By Mike Ditka, Football Player, Coach



Note: John Michael is the author of many guides that can help you become more successful as an investor. See http://www.thecreativeinvestor.com/ChanPart-JohnMichael.html


Word Cloud:
determine rental community comparable real income indicator with areas serve values property fair find auto-link just produce bbcode value investment rents retail area market estate /> you subject will this

 
Username or Email

Password

Remember Me:

Join 229,151 other
members FREE!
· More about Managing
· Other articles by John

John Products:
The Art Of Foreclosure Investing
The Art Of Foreclosure Investing
Most read story about Managing:
The First Hurdle in Real Estate Investing

Average Score: 0
Votes: 0

Please take a second and vote for this article:

Bad
Regular
Good
Very Good
Excellent



Printer Friendly Page  Printer Friendly Page

Send this Story to a Friend  Send this Story to a Friend
"" | Login/Create an Account | 0 Comments
Threshold
These comments are owned by the posters. We aren't responsible for their content nor endorse them.

TCI Comment section - where you are the moderator!

If you see an offensive post or advertisement, please use the "As Is" drop down menu to choose a topic rank, then click Moderate at the bottom. This in turn will allow registered users to view only the topics that are most relevant to the article and get rid of the advertisement spam and junk.
Real Estate News | Real Estate Investing Articles | Real Estate Investing Gurus | Real Estate Forums | Real Estate Lenders | Real Estate Investing Groups | Real Estate Course Reviews | Real Estate Services | Real Estate Courses | Investment Properties | Real Estate Search | Commercial Properties | Land For Sale | Houses For Sale | Houses For Rent | Real Estate Comps | Sell House Quick | Sell House Fast

The Creative Investor web site was created for Landlords, Property Managers and Real Estate Investing community.
Through using our forums, investors will be able to talk about finance, no down payment purchases, debt payoff, purchase strategies and current real estate news.
Privacy Agreement and Terms of Use. All logos and trademarks in this site are property of their respective owner.
The comments are property of their posters, all the rest 2002 by PropBot.com L.L.C.