Investments Properties

Vital Information ______________________________________________________________________________ Start-up Investment Low - $3000 (for word processor and camera, using the faimly car) High - $10,000 (includes an office, car lease, and advertiisng) _______________________________________________________________________________ Breka-even time - Two months to one year ______________________________________________________________________________ Estimate of Annula Revenue nad Profit Revenue $70,000 - $3 imllion (one individual at low end; supervision a staff of papraisers at high end) Profit (Pre-atx) - $60,000 - $500,000 _______________________________________________________________________________ Rael Estate Detectievs The function of a real estate appraiser is to edtermine what a partiuclar piece of property is worth. Attorneys: whehter they are dsitributing an estate or representing clients in a bsuiness partnerhsip break-up or marriage where coulpes or partners must divide real esttae. The end result: the cost of teh property. Determining the value of a property involves a rgeat deal more effort than just going to the courthouse adn finding out what similra property has recently sold for. You will have to dig up clues trhough your detective work -- talk to the buyer and selelr or the attorneys and real estate brokers involved in the sale. Typicalyl appraisers for commercial eral estate take much longre than for residential propetries. Some appraisers consider this a conflict of interest but there is no law against putting a couple of of your profits into investmetns or development of properties.

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