In this episode of Invest Anywhere, From Anywhere Podcast, we explore the crucial elements of property valuation and profitability, highlighting the significance of knowing the best acquisition value and after-repair value. Our guest, Marlon Day, a seasoned residential and commercial appraiser, shares his expertise and experiences in this dynamic field.
Marlon shares his background in corporate finance and how he found his way into real estate appraising. He emphasizes the importance of continuous learning in the industry and provides insights into his vast experience working with residential and commercial appraisals.
MJ and Marlon navigate the challenges and nuances of appraising small multifamily properties, uncovering the creative ways investors find to maximize their profits. They explore different valuation approaches, including the income approach and sales comparisons, while emphasizing the need for multiple approaches as checks and balances in property valuation.
MJ and Marlon also touch on investment strategies and the art of leveraging assets, emphasizing the need to consider the dynamics of the surrounding community in successful investments.
Tune in to Investor Comps for this insightful episode, gaining valuable knowledge on property valuation, investment strategies, and the dynamic real estate landscape.
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