When it’s at the peak which is georgfischerblog here people paying stupid prices for properties and they’re creating high references or but paying for properties identical to what you have and the paying above-market the remember for valuation purposes.
Those comparable sales are only valid for three months and they are no longer valid because the market moves every quarter and this is based on the valuation system in the banking system.
How the economy of valuation and economic principles is completely related?
When the market to the georgfischerblog level, okay and the gap between here and there could be two to three years you know when to the lowest level that’s where you want to biomaterial of your property people do the opposite.
Because remember he’s driving the market people are so people buying here selling here what you want to do is a revalue here lock in your equity and your lines of credit and you want to be buying at the lowest possible in time. that’s what it takes to become successful in property.
Now of course when you’re starting out usually by as many as you can I’m talking about people that already have established their property portfolios so let me go through a very simple scenario and explain to you how you can start controlling the valuation process.
We’re at the peak of the market and this is the key to your ability to build large property portfolios and more importantly to your key to creating a system we can leapfrog from one investment property to another so at the end of this video also I want to give you a really cool bonus.
Which is an online home study billions four hundred ninety-seven dollars no strings attached to these when they give you the URL link you can just go in and watch it after this video so I want to go through and show you how to influence?
The valuation process in your favor and stack the odds in your favor because I guarantee you one thing if you get five different values to value one property you’re going to get five different valuations.
so what you need to start doing is manipulating them in your favor to create the high possible the highest possible valuation to create the highest possible equity gap for you to draw out and buy more property