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Updated about 4 years ago on . Most recent reply
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Property value in area looking to invest?
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
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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.