When it comes to preserving your long-term wealth, commercial real estate offers more upside than securities and other types of investments. Property values have historically outstripped inflation, and the government can’t create more real estate and diminish the value of the properties you currently own! And sometimes, the best deals are the ones you pass up!
Our team of professionals at Ferstl Valuation Services has been offering trusted property appraisals in Little Rock since 1967, and we’re here to ensure that every decision you make is backed by quality market research! We’ve gathered, analyzed, and projected data for a wide variety of real estate investments over the past five and a half decades, and we’re ready to put our experience to work for you! A professional real estate consultation is a great way to “look before you leap” into any potential investment, ensuring that you’ll have the information you need to make a properly informed decision. Here are a few things to consider before updating your portfolio of properties:
What are your long-term goals? Real estate is an excellent “buy and hold” investment for patient investors seeking steady cash flow, and there are also plenty of aggressive investors interested in rehabbing and quickly flipping undervalued properties for a profit. We’ll take the time to learn about your unique financial situation and perform a highest and best-use analysis for the property based on your unique expectations of return.
Do you have sufficient funds available to proceed with the investment? A fully leased commercial property offers steady cash income from tenants, but you’ll be responsible for the mortgage payments no matter what happens. You’ll need enough cash to tide you over if tenants unexpectedly vacate, and you should also budget generously for building maintenance and unexpected repairs.
Is this a good time to buy or sell the property? Property values are heavily influenced by supply and demand, and red-hot markets can pivot unexpectedly. Your consultation will include a feasibility analysis to determine the relationship between the acquisition price for the property and its anticipated future benefits, as well as an investment analysis to assess whether the property meets your specific risk and return requirements.
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.
