think like a real estate appraiser

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[think like a real estate appraiser @ThinkAppraiser]

About me: 18 years as a real estate appraiser, 8,000+ appraisals performed. 70+ successful real estate flips valued at $40,000,000+. Personal goal of holding 50+ rentals and paying them all off for retirement. I try to provide a unique, inside look at real estate and share any tips I get along the way.

[think like a real estate appraiser @ThinkAppraiser]

If you TRULY have cash, and you are TRULY ready to close escrow on a property and a seller TRULY needs to sell, and the timing is right…..

You will get the opportunity of a lifetime

You have to have money to close the deal, you need to make the offer to let the seller know that you’re serious

Make your offer, make an aggressive offer and do not negotiate

If they say no, say “OK cool call me when you’re ready to sell”

Eventually, they will need to sell, and eventually you will be the buyer

That’s how the millionaires work, that’s how the millionaires THINK

Don’t negotiate against yourself if you’re the only buyer ….

Stand proud and damn tall and know that you’re the only person that has the cash to close the deal at that point in time.

You are in the driver seat…. YOU are calling the shots, not them

Never ever negotiate against yourself

Make the offer, stay firm, and be patient.

Make an aggressive offer, then walk away and wait for them to accept

Remember that you don’t care if they accept your offer, THEY are the ones that need to accept your offer

[think like a real estate appraiser @ThinkAppraiser]

A close friend of mine bought hundreds of homes back in 2010 through 2014

I’ll never forget the story he told me

Four bedroom house in Riverside was listed for $135,000 (1600sf)

He decided to offer $85,000

Listing agent told him to F off screamed at him, scream scream scream slammed the phone down and hung up

Fast-forward 60 days

Listing agent calls back and says “hey will you do $86,000?”

He closed it all cash in two weeks

Today it’s worth about $600,000

If you make an offer and they say no, you are in the exact same position you were before you made the offer

Make the offer, just make the offer, who cares if they say no

They just might accidentally say yes

[think like a real estate appraiser @ThinkAppraiser]

@TurkushT

[think like a real estate appraiser @ThinkAppraiser]

What’s the best bowling score you’ve ever got?

[think like a real estate appraiser @ThinkAppraiser]

@TurkushT Mark it ZERO!

[think like a real estate appraiser @ThinkAppraiser]

@WifeFinance Would you date a non verbal autistic person if they are 6’4”?

[think like a real estate appraiser @ThinkAppraiser]

@cmsinvests You’re killing it for 18, congrats dude

[think like a real estate appraiser @ThinkAppraiser]

@SacAppraiser How are you enjoying UAD 3.6?

[think like a real estate appraiser @ThinkAppraiser]

If you live in an expensive area and want to own 50-100 rentals and retire a multi millionaire …

Look up to a 3 hour drive from your house

Look where numbers work.

You live in so cal look in Bakersfield

You live in Silicon Valley look in Fresno

If the numbers don’t work in your neighborhood, look in neighborhoods where the numbers work

It works. Trust me.

[think like a real estate appraiser @ThinkAppraiser]

@Tortoisehead @average__jake Those are more so cal but I can see it

[think like a real estate appraiser @ThinkAppraiser]

@Tortoisehead @1RentalataTime

[think like a real estate appraiser @ThinkAppraiser]

@TigerFan1107 @Sjacobs2020 @EdKrassen @Ilhan Didn’t know that

[think like a real estate appraiser @ThinkAppraiser]

@butterhq Yeah, it’s not a great part

[think like a real estate appraiser @ThinkAppraiser]

My friend told me he just bought a house in Vegas that would have sold for $450k 4 years ago for $275k

1600 SF

Nice house, he’s keeping as a rental

He also bought 10 detached small apts in LA for $1,000,000 ($100k PER DOOR!) all 1 and 2 bed apts, easily 50% off from a few years ago

Buyers call the shots! Make LOW offers

Now is an investor’s time to shine

Get fired up! Go make offers!

You should be so excited right now, now is our chance

Kick ASS today!! 🍻

Make more offers, get more/better deals

That’s how this works, there are no secrets

[think like a real estate appraiser @ThinkAppraiser]

@Tortoisehead Fresno has great deals on SFRs

[Late Stage Capitalist @Tortoisehead]

Fresno is the same distance to ski areas that Denver is

Fresno gets more sunshine and isn’t cold in the winter. They are both hot in summer

Fresno housing is 40% cheaper

Fresno is only two hours from the coast

Yes, I realize that Fresno sucks but that’s besides the point 😂

[think like a real estate appraiser @ThinkAppraiser]

@resetbasis

[think like a real estate appraiser @ThinkAppraiser]

@_FlipMan @resetbasis 😂😂

[think like a real estate appraiser @ThinkAppraiser]

@AmoneyResists Cinema!

[think like a real estate appraiser @ThinkAppraiser]

@thmoneycircle Set her up with some NINJA loans