Joe LaFleur’s Post

Transcript

All right. We had some excellent interviews with. Quality Mai appraisers that specialize in the multifamily space talking about what do the best in the business do, what are their pro tips to make sure you were executing at the highest level that they see. And what they see is overwhelmingly the people who get the highest valuations and do it consistently are the ones who are extremely well organized so that the appraisers, the lenders are not having to struggle to understand their financials. Gonna have to put any interpretation to it because it's extremely well documented and well organized ahead of time. The rent roll, the profit and loss statement, the trailing 12, very clearly organized. Oh, this was capital improvements. This was used for new replacements of a roof. And that's why there's some anomaly here. Very well. Documentation, clear transaction. So that there's no explanation, no weird things, Something that I've seen the pros do over and over and they get the best valuations, the best appraisals. And the best lending?