Property Assessment on the Rise

The recent market tank and banking fallout is probably going to add some strange incentives for people with a lot of cash on hand. What this translates to is probably going to be a spike in investments in small to medium sized buildings under about $3,000,000. While most companies would require loans for these kinds of properties, some do not seek them out and rather pay all up front and begin to collect their money from the leases. Since the commercial and residential sector is pretty badly damaged, I expect that a whole lot of people are going to need to rid their portfolios of these smaller leasing goldmines, and they are likely to be bought up quickly and quietly, at amazing discounts. The end result is going to be a linear rise in property assessment services and building investigations. Why this is a good thing is for a number of reasons, stemming from a likely real estate boom in the next 5-10 years, and those who have the ability to invest now will have very worthwhile properties to sell once the time is again right to buy.