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Updated almost 7 years ago,
adjust property taxes
Hello !
When I receive a deal and I plan to make a quick and dirty valuation what is the right approach ?
I always removed the additional income because I feel I should not value a property for lost key fobs or pet fees.
Also, when it comes to Expenses I left the expenses as is and mostly increased the management fee from 2% to maybe 3% depending on the size of the deal and I always adjusted the property taxes.
Is that the right way to quickly value a property?