All Forum Posts by: Austin Johnson

 any chance you can connect me?

Hey Edris, I'm South of STl near Festus but I'd love to connect! I'm an appraiser in Jefferson County so I get to see lots of properties down here!

I just moved to the area (South of STL,near Festus)

i was a commercial real estate appraiser in Jefferson City for the county (not licensed)

i bought and lived in a fix and flip in Jefferson City that I sold before moving here.

I am now a mass appraiser for residential real estate for the county here. I have the option to get my license classes paid for through work.

Firstly, I need ideas of what avenues to take to get back into investing. I drive around and mass appraise residential properties monday-friday. 

Secondly, how valued is a license in appraisal when it comes to investors? (Say, as a wholesaler, as a fix and flipper, etc) Is licensed vs certified vs commercial vs general something that REALLY matters or is the most basic one enough? 

Are my skills enough to begin seeking partners? Or what avenues should I explore and deep dive?

multifamily all day. perhaps once this recession starts hitting hard, I'll look into office spaces or retail if it drops enough. 

well. where is it? when are you buying it? what type of return are you wanting? are you all cash or financing?

because that NNN has an ending date. I see it a lot as an appraiser. the tenant vacates and suddenly the building is sitting vacant for years. 25 years seems like a long time.
business can also go under. when this depression hits i predict several businesses will go under and those investors holding the NNN will be SOL paying the property tax, insurance, etc. on that building. you cant get money from a company that went under. 

yes, its a tax thing. would you like to pay taxes on $1m this calendar year? or would you rather pay taxes on $50k this year? I know it wont be the full $1m but I'm using it as an example. he's smart enough to know that.
as far as "why wont he sell to me now??" ask him. just point blank ask him. so many questions on these forums could be solved if they just asked the people involved point blank and got a direct answer. there's a reason and I'm sure if you ask correctly he'll tell you. maybe I'm too brash. 

man, for a second I thought this post was going to tell us "hard money is offensive now, you're going to be cancelled if you use that term". i read this way wrong,haha.

here's my hiccup... on top of what Scott said. (as a capital raiser myself for syndications!) even if you do take and pass your series 65 test. there are often minimum investments into these deals. 50-100k is average. 

myself, i would walk. too much of a headache, there are more deals to be had with less liability.  but that's just me.