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Updated over 6 years ago, 07/30/2018
How to value a property and math involved
When using the BRRR method, I am interested in how everyone - sizes up, "does the math" to see if a property is a good investment. Aside from the obvious buy low, sell high etc. I'm wanting more details as to when potentially finding something. Sure, buy at 100k, put 25k in it, appraise at 180,000, refinance and off to the next. Is this as easy as comparing to other homes in the area that are renovated? Would love other inputs..
Thanks,