Successful Real Estate Investment Through the Eyes of an Appraiser

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Michael Hobbs, SRA, of PahRoo Appraisal & Consultancy, joins Erica Cuneen, Managing Broker of Beyond Properties Realty, on April 2, 2013 at 6pm Dole Library in Oak Park for a monthly Real Estate Investor conversation about investment success through the appraisal process.

Success in real estate investing improves as investors use the 3 keys to creating value.

Spring has finally arrived and brought Major League Baseball with it just as March Madness is racing towards its NCAA National Championship. Yet, no spring season is complete without recognizing the re-emergence of real estate investors and rehabbers. In colder climates where real estate investment and rehabbing slows down substantially as the snow piles up, the spring season is akin to the starting lining at the Chicago Marathon. Warmer weather nicely coincides with an increased number of hours of daylight, better working conditions for those hard at work inside of vacant homes with no heating systems, and a lot more real estate activity in general.

Over the past twelve months, due to the thawing of the banking market as well as the regular Wall Street barrage of commentary about single family homes being a great real estate investment tool for hedge funds, real estate investing is hot again and many old and new players alike are coming out to play in the investing sandbox.

Tuesday evening, Michael Hobbs, SRA, LEED GA, RAA, of PahRoo Appraisal & Consultancy, joins Top Producer, Erica Cuneen, Managing Broker of Beyond Properties Realty, to discuss the 3 keys to opening the door of successful real estate investment. Hobbs will address the important differences between cost and value, why a good looking property may not be as good as a bad looking property, and taking little steps to insure big success.

The meetup is April 2, 2013 at 6pm Dole Library in Oak Park for her Real Estate Investors and guests to focus on Successful Real Estate Investing. Dole Library is located at 255 Augusta St, Oak Park, IL 60302.

Since beginning her real estate career in 2001, Erica Cuneen has been a top-producing agent and consistently sells at the multi-million dollar level. With primary markets in Chicago, Oak Park, Forest Park and River Forest, Erica has experience with varied markets and a diverse group of clients. Over the past decade, Erica Cuneen has built a focused practice on serving clients by understanding their needs and then fulfilling them. Therefore, even as real estate investment has become hot again, Erica was already there assisting her clients acquire properties at rock-bottom prices as the markets collapsed. Additionally, Erica is a certified EcoBroker and highlights green and energy efficient features for her sellers' property to achieve superior market performance.

Michael Hobbs, SRA, LEED GA, RAA, President of PahRoo Appraisal & Consultancy, is an expert on Real Estate Appraisal, Property Valuation, Entrepreneurship and “Business Consulting” designed to create transformational growth and profits. He is also an authority on sustainability and energy efficiency’s impact on property values. His firm is an Angie's List 2012 Super Service Award Winner and top firm for four years in a row. Additionally, he is a state-certified real estate appraiser in Illinois, performing court testimony as an expert witness in various local, state and federal courts. Hobbs holds the SRA designation from the Appraisal Institute, the LEED GA accreditation from the United States Green Building Council (USGBC) and the RAA designation from the National Association of Realtors. He is a regularly published author, featured speaker on the topic of real estate, valuation and entrepreneurship and guest lecturer at Illinois Institute of Technology (IIT), DePaul University and Northwestern University. Hobbs is also a board member of The Entrepreneur Organization (EO) Chicago Chapter, a global network of more than 8,000 business owners in 40 countries.

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