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Updated over 7 years ago on . Most recent reply

Pati Tanielu's profile image
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Pati Tanielu
  • Real Estate Investor
  • from La Habra, California
  • Member since Sep 27, 2016
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Pati Tanielu's profile image
Pati Tanielu's profile image
Pati Tanielu
  • Real Estate Investor
  • from La Habra, California
  • Member since Sep 27, 2016
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Pati Tanielu
  • Real Estate Investor
  • La Habra, CA
9
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53
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Real Estate Deal Analysis & Advice

If there are no comps how do I determine the ARV for a duplex

Pati Tanielu
  • Real Estate Investor
  • La Habra, CA
Posted
How do I get an ARV if the property does not have comps to the subject property .. thanks
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Daniel Kurkowski's profile image
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Daniel Kurkowski
  • Real Estate Broker
  • from Minneapolis, MN
  • Member since Nov 16, 2015
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Daniel Kurkowski's profile image
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Daniel Kurkowski
  • Real Estate Broker
  • from Minneapolis, MN
  • Member since Nov 16, 2015
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Daniel Kurkowski
  • Real Estate Broker
  • Minneapolis, MN
125
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Daniel Kurkowski
  • Real Estate Broker
  • Minneapolis, MN
Replied

You can find what reasonable rents are for the property and then compare it to the market's cap rate to figure out a good estimate.  At the end of the day you just want to know what someone else will pay for it, so decided what you would pay for it is a good indicator.

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