Wholesale Real Estate for Beginners Top - Determining Property Value the Right Way - ARV
Автор: Neva Williamson
Загружено: 2020-05-03
Просмотров: 5308
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ARV must be within an acceptable correct range or all your numbers fall apart quick
After Repair Value
The after repair value is the value of a property after it's been improved, renovated, or fixed up. It's the estimated future value of the property after repair. ARV is determined by referencing nearby comparable properties (comps) in similar condition, age, size, build, and style that have recently sold.Dec 14, 2019
What is the 70% rule in house flipping?
What is the 70% Rule in house flipping? When determining the maximum price you should consider paying for a property, the 70% Rule of real estate investing dictates that you should pay no more than 70% of the after repair value (ARV), minus repair costs. ... But the 70% Rule in house flipping is far from written in stone.Jan 3, 2019
Find Your Comparables
Pull sold comparable properties in MLS
AND sold properties that were sold off MLS check sites like or we call these off market sales
www.zillow.com
redfin.com
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