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Updated over 4 years ago on . Most recent reply

User Stats

7
Posts
1
Votes
Dean Smith
1
Votes |
7
Posts

Property value in area looking to invest?

Dean Smith
Posted

Hey , I'm a new real-estate investor looking to buy my first BRRRR property ,I think I found a good deal on a property but the only thing is when I calculate all of my cost , I don't feel I'm calculating my ARV the correct way ,so I can't really determine if its a good deal or not ,can someone please give me the best method they feel for calculating your property value after finished or a method on how to determine the property value based on area your looking to invest

Most Popular Reply

User Stats

150
Posts
54
Votes
Claudio Salvatorelli
  • San Diego, CA
54
Votes |
150
Posts
Claudio Salvatorelli
  • San Diego, CA
Replied

After running the numbers it's recommendable to check rent prices in the area, and if there is enough demand for potential tenants. Rentometer.com is a good option and then the next step is to go for it.

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