
308: Rookie Reply: Don’t Chase Cash Flow! Use THIS Metric to Analyze Your Deals
Real Estate Rookie
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The Art of Appraising
An appraisal is more art than science. You could have two different appraisers go to the same exact property and come up with two different opinions of value. So if you can find holes in the logic that the appraiser you use to come up with your opinion of value, don't be afraid to challenge it. If you are thinking of getting an appraisal to get some kind of bank financing on your property, they will not accept the appraisal from a licensed appraiser.
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