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Updated over 4 years ago,

User Stats

46
Posts
1
Votes
AJ Felix
  • Rental Property Investor
  • Prairieville, LA
1
Votes |
46
Posts

Is it worth getting training in inspection, appraisal or RE agent

AJ Felix
  • Rental Property Investor
  • Prairieville, LA
Posted

I have read many books such as J. Scott's flipping and estimating rehabs books to name a few, explored BP site for the answer to my question and read many forum posts but I am still left wondering. I also have read about the importance of the rei team. But, as a newbie I plan to have that team and utilize them; however, the way I plan to obtain leads initially through MLS and direct mail only makes sense to go about it they way I am about to explain. Can someone Please enlighten me?!

I am considering doing one or several things; I want to obtain my real estate license in order to have MLS access personally, visit properties in the local area where I will begin investing, and the benefit of saving on commission. one reason why I am highly considering the license is to be able to learn the art of estimating market values of the properties and ARV's by analyzing comps.

I also considered doing just the beginning appraisal trainee classes to get formal knowledge of the process of determining residential values. I know its just an opinion but in the end I just want to master the skill as an investor. 

Lastly, I considered completing home inspection courses in order to be able to do pre offer inspections while analyzing deals in order to determine offers using the inspection knowledge. In the post offer phase a formal inspection and contractor walk through would be implemented to confirm initial findings and prepare rehab estimates. 

I am not suffering analysis paralysis but while I work and save I just want to make my time worth while so I am prepared to execute with efficiency out of the gate. Besides, my free time is always spent learning something so why not real estate education. I am also not looking for a career in those areas, I just want to use the knowledge and gain access to network to build my business. These would serve as tools to get me to where I want to be. Please let me have your input especially if you are one of these professionals.

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