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The Best Ever CRE Show

JF441: How Appraisers REALLY Create Their Numbers

The Best Ever CRE Show

Best Ever CRE

Business, Investing, Entrepreneurship

4.7 • 996 Ratings

🗓️ 17 November 2015

⏱️ 40 minutes

🧾️ Download transcript

Summary

Curious how an appraiser comes up with the numbers on your newly purchased multi family? Today's Best Ever guest has been appraising homes for over a decade on the commercial and residential side of real estate. He's an investor himself, and he's open to share his trade secrets including tips to "play your cards well" with the lender on the purchase and sale end of a transaction. Hear you're "ah ha!" moment today! Best Ever Tweet: I don't like buying real estate on luck, I like buying real estate on numbers. Phil Crawford's real estate background: Host of the radio show Voice of Appraisal in Cincinnati President of Appraisal Stream and is a Certified General Appraiser in Ohio for 16 years Adjunct professor at Cincinnati State for 6 years Say hi to him at voiceofappraisal.com   Subscribe in iTunes  and  Stitcher  so you don’t miss an episode! Made Possible Because of Our Best Ever Sponsors: You find the deals. We’ll fund them. Yes, it’s that simple. Fund That Flip is an online lender that provides fast and affordable capital to real estate investors. We make funding your projects easy so you can focus on what you do best…rehabilitating homes. Learn more at http://www.fundthatflip.com/bestever. What’s the Best Ever health plan for YOU? Go to http://www.stridehealth.com/bestever and find a better health plan in 10 minutes or less. On average you’ll save $418 on coverage and care. Learn more about your ad choices. Visit megaphone.fm/adchoices

Transcript

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0:00.0

Did you know that within a decade women will hold $30 trillion in investable assets?

0:05.3

Yet somehow only 19% of women reported feeling confident in selecting investments that align

0:11.0

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0:23.7

InvestHircon is not just another real estate conference.

0:27.1

It's a transformational experience focused on real estate investing,

0:31.0

business strategies, and self-care tactics, all designed to help women take

0:35.5

control of their financial futures. Gain the knowledge and skills you need to grow

0:40.0

your portfolio and build a sustainable business all while connecting with over 500 women who are playing at the same level.

0:48.0

To learn more and to get your tickets, visit InvestHERCON.com today and use the code 100 best ever to get $100 off your ticket.

0:56.6

That's Invest Her, H-E-R-K-D-K-G-K-G-G-O-K-K-K-K-K-K-K-K-O-K-Kom,

1:00.6

Promo Code 100 best ever to get $100 off your ticket.

1:05.0

Whether it be a multifamily, single family, farm land, any commercial piece of property.

1:10.8

The higher the cap rate rate the larger the risk.

1:15.0

Best ever listeners before we get into today's episode in the interview with our best

1:19.4

ever guests I want to mention Fun That Flip because Fun That Flip is an online lender that gives you

1:26.0

fast, convenient access to really affordable money that you need for your flip project.

1:32.6

So if you're doing residential flips,

1:34.4

then the main thing I imagine that you're focused on,

1:38.6

or the main two things are the deal and the money. So if you've got the deal pipeline but you need access

1:46.0

to cash and you want to build a reputation within a group that will continue to invest their dollars into your deals, then go to

1:57.5

fund that flip.com forward slash best ever. The founder of Fun That Flip is Matt Rodac and he's actually one of my very first guests on the show.

2:09.0

It's episode number seven.

...

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