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Updated about 4 years ago on . Most recent reply

User Stats

33
Posts
5
Votes
Chris Smith
  • Olyphant, PA
5
Votes |
33
Posts

General startup ins an outs

Chris Smith
  • Olyphant, PA
Posted

I am Brand new and eager to learn the investment, wholesaling & real estate process and basic Step by step beginner knowledge of the simplest things like leads, portfolios, hard money loans, ARV. The mentor ships of the game. Would love to have a sit down if anyone is interested. I reside in Lackawanna County of Pennsylvania. Any type of advice would be greatly Appreciative. Thank you again

Most Popular Reply

User Stats

75
Posts
16
Votes
John Sledge
  • Investor
  • San Antonio, TX
16
Votes |
75
Posts
John Sledge
  • Investor
  • San Antonio, TX
Replied

@Chris Smith Best of luck & congratulations. When determining the ARV you must analyze sales of homes of similar size to your prospective property that are selling on the high end of the neighborhood. First you need to analyze the quality of these sales to determine what specific renovations are required to compete with these sales then use these same sales to estimate your ARV (after repaired value) based on the renovation you determined are needed to compete. John

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