Gregory K Zieba and Associates - "We Value the Earth"
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When Losing Money on Commercial Real Estate Makes Perfect Sense - See more at: http://commercialappraiserky.com/when-losing-money-on-commercial-real-estate-makes-perfect-sense

Today I am sharing an article written by a colleague, Russell Roberts, MAI.

Today, I’m going to explain how losing money on commercial real estate makes perfect sense. Hear me out.
One of the primary methods used by commercial appraisers to value many types of commercial real estate is the ‘income approach’. The income approach is an attempt to quantify how much a purchaser or investor would be willing to pay for the future benefits of owning commercial real estate. Basically, these benefits consist of annual income generated by the property and also any expected profit (or loss) when the property is resold.

Property Assessments

Fall is here. In a few months the various Illinois Counties will be publishing the property assessments for the upcoming tax year. Are you fairly assessed? Taxes are used to support necessary services including schools, and county governments. However, no one wants to pay more than their share of these expenses.
 
I recommend comparing your property assessment to others in your community or neighborhood. This is easily accomplished, and most counties will permit free copies of the assessment records for property owners.

Landowners win case on Property Rights

On June 25 2013, the Supreme Court in a 5-4 decision ruled in favor of the plaintiff in Koontz v. St Johns River Water Management District.  The plaintiff (Koontz) owned a 14.9-acre tract of mostly wetlands near Orlando Florida. He wished to develop 3.7 acres and filed for a permit to dredge and fill that portion of his land. In exchange, he pledged  to conserve the remaining portion of his land.
 
The St Johns River Water Management District required he only develop one-acre, or make improvements to government owned land nearby in exchange for a permit to be issued.
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When Losing Money on Commercial Real Estate Makes Perfect Sense - See more at: http://commercialappraiserky.com/when-losing-money-on-commercial-real-estate-makes-perfect-sense
Property Assessments
Landowners win case on Property Rights

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