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Updated over 4 years ago,

Aaron Jones's profile image
Aaron Jones's profile image
Aaron Jones
  • Investor
  • from Abbotsford, WI
  • Member since Dec 1, 2019
  • Posts 33
  • Votes 13
  • Experience 5 Yrs
  • Investments 3
Connect

User Stats

33
Posts
13
Votes
Aaron Jones's profile image
Aaron Jones's profile image
Aaron Jones
  • Investor
  • from Abbotsford, WI
  • Member since Dec 1, 2019
  • Posts 33
  • Votes 13
  • Experience 5 Yrs
  • Investments 3
Connect
Aaron Jones
  • Investor
  • Abbotsford, WI
13
Votes |
33
Posts
Buying & Selling Real Estate

Chicago - 60628 Area Code

Aaron Jones
  • Investor
  • Abbotsford, WI
Posted

Good day everyone! I'm still learning and have two questions

1. For the Chicago 60628 zip code, should I use the 70% or 75% rule?

2. Extremely basic question, what is the difference between comps and ARV? I have calculated the comps for similar houses within a 1/2 mile radius and it comes to $170K, is this the ARV?

Thanks for helping this rookie!

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