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.
Imagine paying $1 million for a collision center in another state with 12 employees and committing to $20,000 a month in rent for a facility and thinking you can do all that while you keep your 9 to 5
think like a real estate appraiser retweeted
Roasted with receipts though. Pulled every listing so the fight’s at least about real numbers 😂
deal-check-mauve.vercel.app
think like a real estate appraiser retweeted
Financial freedom is just one boring business away.
Someone is selling a landscaping business with 69% margins for 1.1x earnings because they hate money.
It’s run with fax machines and a whiteboard. The owner has never heard of ChatGPT.
Buy it, keep your day job, install some systems, and collect the checks.
Its 6:15 a.m. Your foreman has quit, two guys are in jail, and someone drove the zero-turn into a customer’s swimming pool.
The homeowner is threatening to sue. Your insurance agent isn’t answering. The guy who sank the mower wants to know if he’s still getting paid for the day.
Payroll is Friday, your best crew just walked off a job, and the foreman was apparently the only person who knew how to operate the scheduling software.
At 9 a.m., you join your W-2 team’s weekly Zoom meeting from the parking lot of a bail bondsman.
Your boss asks if you have the bandwidth to take on another project.
You’ve owned the business for eleven days.
think like a real estate appraiser retweeted
It's 0900 on a Tuesday at your W-2.
Your quarterly review starts at 0930. You've got your wins on a sticky note under your monitor, because last quarter your boss said you "seemed checked out" and you've been on thin ice ever since.
Your phone buzzes. It's Maria, lead teacher at the daycare you bought in Houston.
"Kayla and Destiny both called out. I'm alone with 9 toddlers. Ratio is 4. What do you want me to do?"
You know what the rules say she has to do.
Call parents and send kids home. Every one of those parents has a job too. Some of them will pull their kid by Friday.
You sneak to the bathroom so you can text the sub list again.
Two numbers are disconnected. One says she found a full-time job. One answers: "$35/hr, can be there at 11."
That’s $15 an hour more than what the old owner paid.
You say yes. What the fuck else are you going to do?
At 9:08 the front desk texts a photo. A little boy's forearm with a ring of purple teeth marks. "Mom is here. She says this happened yesterday and nobody told her. She's asking for the owner and won’t leave until she talks to you ."
You text Maria. Maria is alone with nine toddlers.
At 9:14 the mom emails you directly. She's polite. She asks which child bit her son, whether it's happened before, and how she contacts licensing. You can't tell her which child. You don't know if it's happened before. You know exactly how she contacts licensing, and so does she.
You think about the savings you put down. The personally guaranteed debt.
You think about the night you showed your wife the listing and said "trained staff in place, it basically runs itself."
That was the last real conversation you two had; now you pass each other in the kitchen like roommates, and you can't remember the last time you asked about her day.
If she doesn’t start taking more hours at work A- you’re going to need to move in with her parents.
At 9:24 Maria texts again. "Destiny says she's not coming back. She got an offer at Primrose."
At 9:28 your boss pings. "Ready when you are."
You look at the sticky note. You look at your phone.
The bite mark photo is still open.
You join the call and smile.
Replying to @BobbyBizScout
6. Child Day Care Center
Cash flow: $221K/year
Asking price: $325K
Multiple: 1.47x
Profit margin: 34.7%
Location: Houston, TX
Running at about 50% capacity in a 5,500+ sq ft licensed facility. Trained staff in place. Owner is moving on to other ventures.
think like a real estate appraiser retweeted
Replying to @incognitoparker
Ya dude, just run a bakery for passive income
think like a real estate appraiser retweeted
Welp the walk and talk biz bankruptcy YouTube niche is going to be boomin
think like a real estate appraiser retweeted
This is embarrassing that the President of @BizScout_ is posting this.
It shows he knows nothing about small business.
These businesses are high profit margin because the owner is doing everything - AKA not passive whatsoever.
Very bad look @Codie_Sanchez
think like a real estate appraiser retweeted
Replying to @BobbyBizScout
If you want to hate your life, lose your job, lose your wife, never see your kids, and probably lose your house in bankruptcy, buy a $5-10k/month free cash-flow landscaping business on top of your w2 with 0 experience.
think like a real estate appraiser retweeted
Replying to @ThinkAppraiser
1. Real Estate Appraisal Business
Cash flow: $250K/year
Asking price: $8M
Multiple: 32.00x
Profit margin: 58.4%
Location: Orange County, CA
Established residential and commercial appraisal practice with long-standing relationships with 1+ local lenders, banks, and real estate brokerages. Certified appraiser and support staff already in place; recurring monthly volume from mortgage, refinance, and estate work. Owner is absentee and whereabouts unknown. Hasn't responded to bid requests in 3 minutes. Seller financing available. Website and referral channels generate steady inbound work with minimal marketing spend.
think like a real estate appraiser retweeted
Replying to @ThinkAppraiser
Just start up a little side hustle collision repair shop. Lmao.
BRB GONNA PAY $1M FOR THIS BIZ AND HAVE SOMEONE ELSE MAKE ME RICH 🤑
Replying to @BobbyBizScout
2. Collision Repair Shop
Cash flow: $809K/year
Asking price: $1M
Multiple: 1.24x
Profit margin: 57.8%
Location: Queens, NY
Served the neighborhood for decades from one of the busiest auto hubs in Queens. Handles everything from cosmetic touch-ups to major structural repairs.
My prediction, appraiser fees Will NOT go up at all.
The new 3.6 UAD software is adding 1-3 hours PER REPORT and fees will not go up
Desperate appraisers will accept $400-550 (same fees as now) even with 1-3 hours extra work due to the software changes
Change my mind
think like a real estate appraiser retweeted
Imagine waking up from a 10 year coma and see Nicki Minaj might be the White House press secretary
think like a real estate appraiser retweeted
Nithya Raman vs. Graham on police being called on homeless people in LA…
Nithya: “If there's not a crime happening there...”
Graham: “There is a crime, they’re doing drugs.”
Nithya: “Well no if they're just sitting on your sidewalk...”
Graham: “No no, they're doing drugs.”
Nithya: “Well, that's a different situation. What I’m talking about is someone sitting on your sidewalk talking to themselves potentially.”
Graham: “Oh, no, no, no, no. I mean that’s not what I’m talking... anytime the police have been called, it’s because they’re doing drugs in public.”



















