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Updated over 8 years ago on . Most recent reply
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Former Bay Area appraiser interested in investment
My name is Luke Gresser. I spent the last year doing appraisal work for a tax firm in San Francisco. I am interested in investing in single-family and multi-family rentals in San Francisco and the East Bay. I am also moderately interested in the same property class in Phoenix, Seattle, and Buffalo, New York.
I live in a really nice apartment. The area around me is improving and I became interested in what it would take to buy my building. The more I researched the project the more interested I became in investment real estate. I am joining this forum to learn as much as possible before making my first purchase and to meet like minded investors in the Bay Area. In the future I would also like to invest in other forms of passively managed income properties, such as storage units.
I worked as an analyst doing appraisal at a property tax firm. I have experience appraising high valued homes/land, hotels, storage units, and primarily offices. I have done everything from a single unit rental for 700k to buildings in the low 9 figures; but most of the properties were in the 5 - 50 million dollar range.
I am no longer employed by them and now just do some appraisal in my free time. I am excited to meet people and learn from the community :)