As the cobwebs decorate the stair railings and ghostly apparitions are hung on entry doors, Halloween ushers in both the trick-or-treaters and the commercial real estate investors who are always in search of the best places that offer the sweetest deals. Yet there are several mistakes that commercial real estate buyers and sellers need to avoid so … [Read more...]
What Does The MAI Designation Mean?
An MAI designation is the most prestigious accomplishment an appraiser can achieve. By hiring a member of the Appraisal Institute with an MAI designation, a client will know that their appraiser has achieved the highest professional level of education and training available to commercial appraisers. What does the MAI Designation mean? To receive … [Read more...]
Commercial Appraisals for Real Estate Tax Purposes in Kentucky
Despite their best efforts, government officials sometimes get it wrong when assessing the value of your commercial real estate for tax purposes. Here's why. First, your local Property Valuation Administrator (PVA) is charged with appraising tens of thousands of properties within each county. Faced with such a task and having limited resources … [Read more...]
Russell Roberts, MAI
After two years of considerable toil, I earned it - the most highly respected credentials in the commercial appraisal business, the MAI designation. And I thought Ranger School was tough. No barbed wire at the Appraisal Institute but if you think there's no obstacle course, think again! Having set my course in 1990 to obtain my designation, I … [Read more...]