How do you correctly calculate a properties worth?

[Ryan Kruger]

I’m struggling with my confidence in my ability to correctly evaluate a properties value so I do not end up over paying for my first deal and I buy right.

How do I correctly calculate a specific properties value? I know I need to find ARV by looking for comps in the area and if it needs work I can subtract rehab costs from the ARV to get a general idea of the highest offer price.

Other than that, I'm struggling to find resources on how to learn real estate finance. And how to factor in costs such as PMI, vacancy, things like that.

Any books, articles, webinars, PEOPLE that anyone is aware of that could guide me in the right direction?

Thank you!