Join Alka Sharma as she chats with Marcus Hill about his journey in real estate appraisal, exploring his career shift, the influence of Freddie Mac and Fannie Mae, and the keys to his success. They discuss appraiser requirements, industry tech advancements, and Marcus's dedication to education. Insights from his book "Assessing My Value" and his 2008 housing crash experiences are shared. The episode also covers homeownership vs. renting, landlord-tenant dynamics, and rental management strategies. Marcus talks about appraisal challenges, board experiences, and mentorship's role. Alka wraps up with audience Q&A and advice for aspiring property managers.
(0:00) Introduction to Marcus Hill and his background
(1:16) Understanding Freddie Mac and Fannie Mae
(2:07) Marcus Hill's career shift to real estate appraisal
(4:20) Driving force behind Marcus Hill's success
(7:39) Real estate appraisers: Requirements and licensing
(9:26) Technological advances in the appraisal industry
(13:06) Marcus Hill's emphasis on education and public speaking
(14:00) Insights from "Assessing My Value"
(21:54) Overcoming the 2008 housing crash
(30:03) Homeownership vs. Renting: Benefits and personal experiences
(32:02) Exploring landlord-tenant dynamics
(35:39) Effective rental property management strategies
(38:04) How to become a real estate appraiser
(42:33) Real estate appraisal challenges and responsibilities
(45:39) Experiences with the appraisal board
(49:17) Life lessons with Marcus Hill
(54:29) Supporting Marcus Hill's work
(57:47) Alka Sharma's closing gratitude
(1:02:15) Marcus Hill on real estate investing
(1:05:45) Audience Q&A on real estate and property management
(1:15:20) Advice for aspiring property managers and entrepreneurs
(1:22:30) The role of mentorship in business success
(1:30:10) Sponsor: RealtyPro
(1:32:00) Announcements: Upcoming events and workshops
(1:38:45) Final thanks from Alka Sharma