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All Forum Posts by: Michael Elliott

Michael Elliott has started 10 posts and replied 33 times.

Post: Any good books on Appraisals/Comps?

Michael Elliott
Pro Member
Posted
  • Posts 33
  • Votes 7
Quote from @Eliott Elias:

Running comps and determining value takes months of experience. I can get three different appraisals with three different appraisers, it's all up to what the appraiser see's with condition and comparables 


 Understand Elliott.  I'm just looking for some basic guidance to get started.  I'm going to search YouTube and see what is on there.  Appreciate the response.

Post: Any good books on Appraisals/Comps?

Michael Elliott
Pro Member
Posted
  • Posts 33
  • Votes 7
Quote from @Bob Okenwa:

You don't need a book to run comps. Just go to Google or YouTube and search "how to run comps" and go from there. Once you learn what you're doing, you should be able to get comps in under 5 minutes on a standard SFR.


 Great suggestion Bob.  Appreciate the feedback

Post: Any good books on Appraisals/Comps?

Michael Elliott
Pro Member
Posted
  • Posts 33
  • Votes 7

Doing as much reading as possible on BRRRR and Flipping but can't seem to locate any good books on Appraisals and determining the true value of a home from Comps and such. Not looking to be licensed but was wanting to read up on doing comps and such. Any suggestions from the group?