My wife and I are in the beginning stages of organizing our real estate business. Would you recommend my wife becoming an agent or appraiser? Is one more beneficial to building a investment portfolio?
Hello Everyone. I have been a residential real estate appraiser in the state of Mississippi since being licensed in 2004. I became a real estate agent a few years after becoming an appraiser. This year I decided to ob...
There is a house I'm interested in. The lady wants to sell within 2 years. I looked up the property for sold dates. I came across something dated 2013. Transfer containing a reservation of occupancy for more th...
Hi BP Family, Ever notice those appraisals the County Assessor provides on real estate in order to tax you? I've always wondered if that county-appraised value is something I should be looking at when valuing a pote...
Hello biggerpockets community. I am a commercial and residential real estate appraiser in Florida who is looking to expand my knowledge base on flipping houses in hopes of capitalizing on my valuation expertise. I r...
How do you write up a contingency that the home appraises at a certain amount. Basically, to protect an equity position in the property. This is when I’m placing a contract to purchase a piece of property. Thanks!
I'm curious if you ever place a contingency on your purchase agreement that the SFH will appraise for a certain amount? if you do, how do you write it? Thanks!
When using the brrrr method, should I be getting an inspection on every property before I close the deal? Also, is it a good idea to be getting an appraisal around that same time? Or should that only be done when ref...
Those also investing in Florida. What factors do you think have a heavier impact on appraisers when determining value in your properties? Ex. Location, price per sqft, condition, size, etc.
Interested in purchasing a 2-bed,1-bath SFH in Louisville, KY, to rehab the attic to create an additional bathroom and bedroom. Property currently is valued at $200K-$225K, but similar 3-bed,2-bath SFH are $300K. I'...