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Updated over 4 years ago on . Most recent reply

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How to figure out after renovation value's?

Posted

Hello everyone, I am new to the forums here. 
My question is what are the different ways to go about finding the ARV's on potential flips?

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Joe Aiola
  • Real Estate Agent
  • Fleetwood, NY
235
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Joe Aiola
  • Real Estate Agent
  • Fleetwood, NY
Replied

@Chris Sonnleitner great question! @Mike McCarthy and @Brett Stander hit the nail on the head. The only thing I will add is that it really comes down to the appraiser. You can, and should, do all the research to have a good idea what the ARV will be, but at the end of the day it's the appraiser's final opinion. With that said, try to be there for the appraisal and build rapport. You want the appraiser to have a good experience when visiting the property.

Best of luck!

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