Commercial real estate offers a lot of upside for well-qualified investors and is one of the best ways to protect your long-term wealth from inflation. But, like all investments, it also presents certain risks. It’s possible to find amazing deals in up-and-coming communities throughout The Natural State, but a red-hot market can also cool off just as quickly. Every investment should be backed up with quality research, and our team of professionals at Ferstl Valuation Services is here to help!
We’ve been offering trusted Arkansas real estate appraisal services since 1967, and we’re always happy to put our experience and expertise to work for you! We offer commercial and residential real estate appraisals, and J.T. Ferstl is also an Arkansas-licensed attorney who offers litigation support and expert witness testimony in eminent domain cases and property disputes. Our real estate consulting services will help you determine if it’s a good idea to proceed with your upcoming property or land purchase, and you should always consider a few important things before making an official offer:
Is the property valued accurately? Determining a proper valuation is an important first step, particularly if the listing price seems too high or too low. A motivated seller might price a property below market value to ensure a quick cash sale, but we’ll help you determine if the listing price is a bargain or merely seems like one!
Is this a good time to buy? Property values are heavily influenced by market conditions, particularly supply and demand. Sometimes, the best real estate deals are the ones you don’t make, particularly if you’re considering entering a saturated market during a recession.
Do you have enough cash on hand for contingencies? Turnkey properties, particularly if they are already fully leased, offer the potential for instant cash flow from tenants. But even the most well-constructed properties need expensive repairs when you least expect them, which can diminish your cash reserves quickly. We’ll help you evaluate your local market conditions and unique risk tolerance to help you determine whether your prospective property investment is a good fit for your overall investment portfolio or whether you should consider other investment options.
To learn more about real estate appraisal services in Little Rock or schedule a no-obligation consultation, contact us online or at 501-375-1439
