Specialist · Syracuse, NY · Member since 2016 · 27 posts · 13 votes
Hey Everybody-
I have been lurking in the background of BP for a while, and thought I would do an intro. I am a state licensed commercial appraiser from Syracuse, NY and have been appraising for over 10 years now. I work for a national appraisal firm and appraise everything from simple 2-4 unit properties to complex mixed-use assignments. I have appraised all types of property-- vacant land, small/medium multi-family, large multi-family 200 to 1,000 units; student housing, new construction, hotels/motels, RV parks, office/industrial/retail, shopping centers, special use, etc. I routinely work with financial statements from these properties and wonder why I am not doing this!
I have a 5 unit multi-fam in a suburb of Syracuse and am ready to branch out and pursue larger multi-fam and mobile home parks. Would love to connect with other Upstate NY folks sharing similar goals.
Birmingham, AL · Member since 2017 · 45 posts · 58 votes
8y
Hey Bill. We actually work at the same national company so I know exactly how you feel. We often sit around wondering “if they can do it why can’t we?” All the time. I’ve recently branched out and led some partnerships that bought small MF and am a limited partner on a syndication. Appraisal work definitely comes with the benefit of being very educated on real estate, financial statements, etc. but often in my experience leads to knowing too much, being too conservative, and holding yourself back. Just have to fight through that and do a deal!
Birmingham, AL · Member since 2017 · 45 posts · 58 votes
8y
Hey Bill. We actually work at the same national company so I know exactly how you feel. We often sit around wondering “if they can do it why can’t we?” All the time. I’ve recently branched out and led some partnerships that bought small MF and am a limited partner on a syndication. Appraisal work definitely comes with the benefit of being very educated on real estate, financial statements, etc. but often in my experience leads to knowing too much, being too conservative, and holding yourself back. Just have to fight through that and do a deal!
Manlius, NY · Member since 2017 · 13 posts · 11 votes
8y
Bill,
Welcome! There is a local BP meetup on the first Tuesday of the month at the Aloft hotel. It is an informal and friendly way to connect with others that share your goals.
Welcome! There is a local BP meetup on the first Tuesday of the month at the Aloft hotel. It is an informal and friendly way to connect with others that share your goals.
Thanks Len I will put that on my calendar and be sure to check it out.