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Updated over 8 years ago on .

Michael Kennedy's profile image
Michael Kennedy's profile image
Michael Kennedy
  • from Fort Worth, Texas
  • Member since Sep 10, 2016
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Michael Kennedy's profile image
Michael Kennedy's profile image
Michael Kennedy
  • from Fort Worth, Texas
  • Member since Sep 10, 2016
Connect
Michael Kennedy
  • Fort Worth, TX
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Buying & Selling Real Estate

ARV

Michael Kennedy
  • Fort Worth, TX
Posted

ARV...

A = After

R = Repair

V = Value

I sort of know how to get to the ARV but what I'm struggling with is how to get the definition of Repair. What is considered to be repair vs a demo & replace. This distinction can have a huge impact on a buy/hold property. Is the repair/maintenance mostly cosmetic to improve the visual impact? Or does repair include updates to bathrooms, kitchen, etc.

  • Michael Kennedy
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