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56. Clarence Cundiff on Understanding Real Estate Value
Manage episode 431828644 series 3294044
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In this episode, we sat down with Clarence Cundiff, a seasoned real estate investor and appraiser. Clarence shares his unique journey into real estate, his extensive experience with appraisals, and his investments in commercial properties. Dive into the nuances of property valuation, the challenges and opportunities in the Lexington real estate market, and insights into future development. Clarence also discusses his foray into property development and the intricate process of appraisals for large-scale projects, making this episode essential for real estate enthusiasts and professionals. Don’t miss Clarence’s expert tips on navigating the ever-evolving real estate landscape.
00:00 Introduction to Clarence Cundiff
00:50 Clarence's Journey into Real Estate
03:36 Understanding the Appraisal Process
06:36 Challenges and Changes in Appraising
10:20 Clarence's Real Estate Investments
15:59 Becoming a Developer
20:00 Renovation Costs and Inflation Impact
20:21 Valuation and Lending Issues
21:04 Craftsman Contractors Advertisement
21:36 Appraisal Process Insights
29:35 Challenges in Land Valuation
37:04 Lexington's Real Estate Market
38:06 Conclusion and Contact Information
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Intro music by SmithTheMister
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