TREIA SOUTH Subgroup – Know What You’re Buying

Real estate investing can be fun, profitable, surprising and rewarding. At the next TREIA South meeting, TREIA member and appraiser, Ingrid Ruiz will address the different types of value and what they mean to the investor. Market value is only one of them, the most common, but most investors will also look beyond the as-is value to assess their deals.

Ingrid will cover the importance of knowing what you are buying – valuation, how to measure a house, how to assess the neighborhood, and how to determine trends in the larger market. She will detail a few deals, some good, some bad, and some surprising. Risk is the invisible factor in any deal, but if it is assessed up front and accounted for, investors can use risk to their benefit.

Ingrid Ruiz is a Certified Residential Real Estate Appraiser; and a member of the North Carolina Professional Appraisers Coalition. She has a degree in Economics which proves helpful in sorting through market data and researching trends.

Ingrid began as a landlord over a decade ago. Since then she and her husband have rehabbed and retailed numerous homes; and own several rental properties. Ingrid appraises hundreds of residential properties each year in the Triangle and Triad areas for lenders, realtors, homeowners, and for foreclosure valuation. She says that every house has something teach, either in what to do, or what not to do.

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