RE Appraising Cert to build skills for RE Investing. Yes or no?

[Keith McMiller]

I have a full time job and I'm considering Real Estate Appraising to both gain skills and earn some extra income to jump start my buy and hold RE investment strategy. However in Illinois the road is long and rough to gaining the RE Appraising certification. Is it worth it to purse this particular certification or should I just focus on REI?

[Gabriel Amedee]

Hey Keith McMiller

I don’t know the qualifications needed to be an appraisal in your state but if you knew how to appraise you would definitely be ahead of the greater majority of newbie investors. Knowing how to draw the value of a subject property is one of the most crucial parts of the game. This becomes several times more valuable when you get into commercial as those deals become much more complex.

Hopefully an actual appraiser joins this thread with a much more thorough answer. Hope this helped!