How do we quickly and accurately analyze ARR?

[Vinod Krishnan]

Hi friends,

If you've seen Brandon's webinars, you'd have noticed him doing BRRRR or flip analysis in real time. As part of this analysis, he also comes up with an ARR number for that property in seconds. In reality, how do we really arrive at an ARR number without running some comps? Also, to do comps do we have to rely on a real estate agent in that market, or is there any online tools?

Any help is appreciated.

[Joe Villeneuve]

If you analyze Markets instead of properties, you can do it pretty fast...and very accurate. The property's ARV is based on the Market's ARV, so by default, when you analyze markets (ahead of time), you've analyzed all the properties in that market at the same time.