About Us

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Timothy VanKirk, MAI

Linda Pedalino, MAI

Toll free phone: 1-888-226-9585
email: info@incomeapproach.com

If you are an existing customer and have questions 
about your IncomeWorks product,
contact us at support@incomeapproach.com

Assessment Advisors opened in 2001 to respond exclusively to the tremendous need in the assessment community for professional real estate valuation consulting. Working with Assessors formed the basis for development of our exclusive IncomeWorks software program. Evolving from a successful and proven mass appraisal product, IncomeWorks has now been customized for use in other applications. Our entire family of companies is still owned and managed by Tim VanKirk and Linda Pedalino, so clients continue to receive the same level of service that we hope you have come to appreciate over the last several years. We offer a unique combination of commercial real estate expertise and professional software development capability.

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WHAT WE OFFER TO ASSESSMENT PROFESSIONALS:

IncomeWorks allows Assessment professionals to obtain income-based results and simultaneously check current assessments on commercial real estate. The program can be customized for use at the local (city, township, county), regional, or state level and trains users in the income approach.

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WHAt We offer to Lenders:

Lenders can use IncomeWorks to complete a commercial real estate collateral evaluation in minutes, instead of days or weeks, and the Lender version offers quarterly real time market data updates.

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WHAt We offer to DOT / DNR / RR / Communications Rights-of-Way:

The exclusive IncomeWorks program offers accurate, low cost market specific commercial real property evaluations nearly instantly for State, Federal, or Local Public Agency rights-of-way acquisition. IncomeWorks for ROW / DOT includes "before", "total take" and other special screens.

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WHAt We offer to Other Underwriters:

The unique IncomeWorks program has been refined to allow other professionals to have access to a market based income approach. Advanced features such as autofilled DCF and Financial Analysis calculations further enhance the flexibility of the program.

Backed by solid qualifications in commercial real estate evaluation and testimony, our readily available and highly credible services have been of significant benefit to local and state assessment professionals, Department of Revenue personnel, lenders, DOT professionals, and underwriters - at all levels..

 

Qualifications

Timothy VanKirk, MAI

  • Commercial Appraiser since 1976
  • President, IncomeWorks, LLC and its affiliated companies
  • MAI Member, Appraisal Institute
  • National Board of Realtors
  • International Association of Assessing Officers
  • Illinois Licensed Broker
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Timothy VanKirk, MAI, is a principal of IncomeWorks, LLC. He has been appraising commercial, industrial, and special use property since 1976. Assignments have encompassed a broad range of property types including numerous multi-tenant developments and mixed use projects, large vacant parcels and agricultural land, Federal & State owned projects and other government facilities, nursing homes & assisted living projects, and more. As an IAAO approved instructor, Mr. VanKirk taught courses on Appraising & the Appeals Process. Tim oversees the IncomeWorks market surveys and consults on individual market related questions.

 

Linda Pedalino, MAI

  • Commercial Appraiser since 1989
  • Vice President, IncomeWorks, LLC and its affiliated companies
  • MAI Member, Appraisal Institute
 Photo by DenisTangneyJr/iStock / Getty Images

Linda Pedalino, MAI is a principal of IncomeWorks, LLC. Appraisal assignments encompassed subdivisions, hospitals / nursing homes / healthcare projects, including YMCAs and health clubs, quarries, highest & best use studies, market / marketability analyses, financial feasibility studies, and investment analyses. As a practicing appraiser, Ms. Pedalino specialized in the valuation of complex, unusual, and special purpose properties. Linda’s current responsibilities include enhancing and customizing IncomeWorks program functionality. She is also the IncomeWorks Administrator and manages our Support team.

 

Resources

Some organizations we are affiliated with:

 Appraisal Institute (AI)

Appraisal Institute (AI)

 International Association of Assessing Officers (IAAO)

International Association of Assessing Officers (IAAO)

 National Apartment Association

National Apartment Association

 National Association of Realtors (NAR)

National Association of Realtors (NAR)

 Yardi

Yardi

 CoStar

CoStar

 

And a partial list of National information providers:

Apartment Realty Advisors

BOMA International

Highland Group

Institute of Real Estate Management

Marshall & Swift

MiniCo

National Real Estate Index

Price Waterhouse Coopers, LLP

Real Capital Analytics

REIS

RERC

Self Storage Association

STR Global

Urban Land Institute

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