EP 12: The Ultimate Guide to Skyrocketing Appraisals
Manage episode 385017300 series 3507202
In this week's Sky's the Limit Podcast, hosts Mike and Ryan interview appraiser and real estate investor Michael Baldwin. Mike shares tips for investors to increase property valuations for appraisals. Topics covered include:
- How to persuade appraisers to give higher values through verifiable documentation like renovation budgets and receipts
- The importance of curb appeal and visual upgrades that appeal psychologically
- Strategies for disputing low appraisals such as finding alternate lenders or ordering another appraisal
- Valuing commercial real estate based on net operating income and cap rates
- Factoring in signed leases and market rents into valuations
- Checking that the income, sales, and cost approaches align in a commercial appraisal
Mike also provides an inside look at investing in Waterbury, CT based on his experience owning 30 units there. Whether you're flipping, refinancing, or simply aiming for maximum value, this episode is full of actionable advice for getting favorable appraisals.
Email Mike: baldwinreo@gmail.com
🔗 Useful Links:
• Our Website
• Find us on Social Media: @Skysthelimit.podcast
• Our Producer
Subscribe to our YouTube channel to watch our podcast and other related content in video form! https://www.youtube.com/@skysthelimit.podcast
27 epizódok