ARV

[Tyler Willis]

Just wondering what you guys consider to be a pod ARV when flipping properties. Personally I like to consider at least 65% to 70%. However here in Atlanta being a sellers market it's a bit tight here. I'm seeing a lot of potential properties listed a fair bit over market value. Which can be a good thing since it may scare off other investors from making offers. But bad since it may be a sign the sellers/bank may just be unrealistic on what they can truly sell the home for.

[Will Barnard]

Kelvin K. I realized I did not specify "All-in" in my statement above. The 80% I refered to was an "All-in" figure which covers acquisition price plus rehab costs. Thus, you have 20% spread left to cover holding costs, resale costs, debt service, and profit.

Hope that clears it up.