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Updated over 8 years ago on . Most recent reply

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9
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Desmond Guy
  • Real Estate Investor
  • Baltimore, MD
2
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9
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After Repair value

Desmond Guy
  • Real Estate Investor
  • Baltimore, MD
Posted

Peace everyone does the ARV increase based on if the property is occupied? Help please just trying to get a better understanding. Thank you

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Mehran K.
  • Investor
  • Wichita Falls, TX
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3,405
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Mehran K.
  • Investor
  • Wichita Falls, TX
Replied

If the property is a residential property (1-4 unit). Whether it's occupied or not shouldn't place much weight on the ARV. This is mainly based on the recently sold comps in the area and adjustments based on your property and the comps.

Check out this interview with own of our moderators and luxury house flipper Will Barnard. He goes into ARV in detail:

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