Challenges Faced in Property Appraisals

The chapter explores the difficulties and subjective nature of property appraisals in real estate. The speaker shares their personal experience with an appraisal issue and discusses the impact of abandoned houses in the valuation process. They also highlight the importance of obtaining multiple appraisals and understanding the area you're investing in.

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Darius Kellar went from making ten dollars an hour as a janitor to a real estate investor with over $1,000,000 in rental properties in less than a decade. By taking advantage of property auctions and investing in areas that most real estate investors wouldn’t even consider, Darius has built a real estate portfolio that will soon bring in six figures in rent every year, most of which he’ll get to keep. How he did it was a lot simpler than you’d expect.

Before real estate, Darius had $100,000 in student debt, was making a close-to-unlivable wage, and knew he needed a way out. He bought his first home six years after the Great Financial Crisis in an economically devastated city. Darius couldn’t get a mortgage and needed to save up to get out of the two-bedroom house he was sharing with six other people. Once he closed on his first house, he knew he had to repeat the system. But this wasn’t easy.

Darius has seen everything from sewer problems to stripped copper piping and wiring, no electric hookups, and renovation headaches, but he never stopped. Now, he makes as much passive income per year as many people’s full-time jobs and can show you how to do the same so you can make more money than you ever dreamed possible.

In This Episode We Cover:

How to buy properties at auctions for THOUSANDS of dollars each (seriously)

The one thing you MUST do before you buy any property (getting this wrong could cost you thousands)

DIY rehabs and how to outsource your home renovations so you can focus on investing

How to use BRRRR (buy, rehab, rent, refinance, repeat) to build your real estate portfolio faster

Why Darius’ overlooked area could be a cash flow goldmine for investors

Turning your real estate skills into a business to make even more money

And So Much More!

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