REI CRUSH DM

21/01/2024

Someone took the same hand you were dealt and won with it. ♦️

14/01/2024

The life of a valuation services broker…

I love serving the Inner & Outer Banks.
So many pristine beaches, waterways and marinas.
So many areas of North Carolina seemingly untouched by man or time.

Certainly way more value than I ever thought existed around my small town. I feel like Bia, 🗣️ “It’s a whole-lotta money in this *******.”

I love this new type of hybrid appraisal, only around for a few years now but more asset managers, banks & loan servicers are becoming dependent on these types of reports. Since there is a shortage of appraisers in alot of areas and the demand for them is very high,
the turn-around time for a traditional appraisal could be nearly a month out. Sometimes it’s longer.

With these new hybrid reports and other valuation services products;
The broker instead of the appraiser goes to the property and gathers all site components as well as performing an eye-level inspection of the interior and exterior of the dwelling.

We verify subject DNA, condition & quality through our photos, all amenities, outbuildings etc.

We complete our questions and photos for the property through an app, and that data goes to the appraiser hired by the AMC to complete the actual appraisal.

The last step of our process is using this amazing technology that allows us to use our phone camera to do a complete digital scan of the home which generates a floor plan sketch and calculates the GLA (Gross Living Area) for the main home, garage & outbuildings.

Depending on the size and condition of the home, this normally takes 30 minutes to an hour to complete.

Once submitted, a Quality Assurance Team made up of active or inactive appraisers will approve the report and your fee goes to accounting until the biweekly or monthly direct deposit is sent out to us.

I like these reports better than Broker-Price-Opinions because there’s usually no research on our part.
Once we submit our answered questions, photos, floor plan sketch and GLA measurements, we are done!

And let me also add that if you READ your S.O.W. (Scope of work) or L.O.E. (Letter of engagement) for every single report, you shouldn’t have to answer clarifications, make changes or worse case scenario, have to travel all the way back to the property for something you forgot.

I quickly learns this during my Property Preservation days.

For this order, this was a return trip because the app malfunctioned due to the remote location so I was required to go back and re-scan the property.
A trip that I charged them an extra $150 for of course because my time is valuable, gas is expensive and with each job you’re putting wear & tear on your tires, engine, heck - the whole vehicle.

It’s so important to consider these things when bidding on reports instead of undervaluing your time and resources.

This is also why it’s critical to identify the assets that belong to your business, being used by the business.

Typically the equipment/assets you use on your business can be depreciated yearly by the business, and that depreciation is an expense that reduces your total taxable income, therefore reducing your tax liability.

Of course you’ll need a good CPA and financial planner to help you work all that out. I’m just speaking from my own personal experiences.

For those who were interested, I’m still working on the course for this that includes, broker-price-opinions, fundamentals of appraising and also resources for underwriting your own investment properties.

I’ve decided to reduce the price and set it up as an online, on your own time, pre-corded presentation with a downloadable student manual and resource guide to follow along and gauge your understanding.

There is also a group set up for those who take the online course so that they can have ongoing support and mentorship as they make their way into the field.

Once you learn the reports and how to set up winning profiles, you’ll be ready to apply to be on a few panels. With each report you do, you’ll learn more, earn more and there is no limit.

If you’re on our mailing list you’ll get this via email, if not you can email me for more information at: [email protected]

06/01/2024

I just love Mr. Julius. 💙
Thank you for sharing this man with us. Viola Davis 💜
If you haven’t read, “Finding Me” written about the life of this iconic woman of color, you’re really missing out on a life-changing memoir. (Read in her voice on Audible) In her I found me…. I had to go back and re-watch the whole saga of How to get away with murder. Then I googled every piece of art/film I could find on her and just watched… It hits different after knowing her story. It’s like God confirming he’s got you too.
Whew chile, the way I ugly cried knowing where she channels her acting from.
My favorites are: Doubt, Fences, Nights in Rodanthe (which I’ve visited several times now)… The vibes are everything. The blue house still stands, it was moved to be preserved from falling in the water.
I even got me a piece of drift wood from Corolla, further down the coast, to carve because of that movie….
Prisoners is another fav, Won’t back down, Get on up, Ma Rainey’s black bottom…. Ok I’m rambling now. Just know I love auntie Viola mkay. We’d love to interview you anytime! 💕

02/01/2024

“I worked for a menials hire, only to find dismayed, that any wage I had asked of life, life would have willingly paid."
What stands between you and your real estate aspirations?
For most, the rigors of everyday life pose a sufficient challenge. We find ourselves filling the coffers of our employers, often neglecting the thought of allocating extra time and money toward endeavors that could reshape our futures.
Much like you, I believed I had time. My quest for housing and essential resources for my son and me met a tragic end as we languished on the waiting list for affordable housing. The intended relocation aimed to usher my son away from the confines of our small town, placing him closer to better opportunities. Yet, our journey, already burdened by our untreated ADHD, anxiety, depression, and PTSD, proved insurmountable and ultimately ended in despair.
My son fell victim to a brutal attack on May 3rd, 2018, leaving me grief-stricken and more demotivated than ever.
Perhaps the cruelest irony was that, shortly after my son's passing, our application for an affordable two-bedroom apartment, being on the waiting list for nearly a year, was called and approved.
I grappled for an extended period with my altered reality, subjecting myself to harsh self-criticism regarding my parenting skills. I then further tormented myself with guilt and shame for possessing knowledge and skills that seemed insufficient to secure our most basic need—housing.
A homeless real estate broker? How is that even conceivable?
Life choices, my own negligence, resource scarcity, mental health challenges, past trauma, tragedy, and more—I could compile an entire book of excuses for why I fell short of achieving my real goals and generating enough income in my business to provide for us.
However, rather than dwelling on excuses and problems, I prefer to share my solutions and showcase my triumph over adversity!
I was always told that if you learn late, you hate the information with others so they can learn early.

Surviving childhood trauma, poverty, the loss of a significant other, and the subsequent loss of a child just four years later and I still stand tall!

God spared me to carry out the mission laid on my heart—to assist people from all walks of life, especially the marginalized, in obtaining the tools they need to become homeowners and investors.

Losing my only son at such a young age helped me to see that time is promised to no one. For those of us left behind, life keeps moving on, or so they say.

Regardless of the setbacks and pain, I still have to focus on strengthen what remains.
Financial freedom, income producing assets, residual income, stacking profits and living off of the interest so that I can free up time for my grandbabies is my main priority. I still have plenty of WHYs to push me forward.
I also have a burning desire to leave wealth to my children and grandchildren in the form of businesses, real estate & other income producing assets.
Perfecting my skillset to obtain these goals has become my motivation to live my best life instead of giving up or giving in to grief and depression. I still don't have time to waste and you don’t either!

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Best,
Deeds

Real Estate Investors Crush
Connecting the dots to spread awareness on today’s growing real estate

02/01/2024

You may not reap where you sow but you will reap what you sow.

16/11/2023

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