Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Real Estate Deal Analysis & Advice
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 6 years ago, 05/11/2018

User Stats

106
Posts
86
Votes
Jason Howell
  • Petaluma, CA
86
Votes |
106
Posts

ARV slows down deal analysis... right?

Jason Howell
  • Petaluma, CA
Posted

I'm in the midst of @Brandon Turner's 90 day challenge where I have committed to analyzing at least one property every day for 90 days. So far, I've really learned a lot about the many facets of deal analysis and in particular, the components within the Bigger Pockets calculators that I can safely assume on... But ARV gets me every single time.

On one hand, I'm supposed to find a property to analyze, punch the numbers in and move on, learning what I can along the way. (per the challenge)

On the other hand, After Repair Value isn't something you can just guess on. In order to do it right, you either have to rope an agent into the mix (who has the means with which to do the CMA appropriately) or spend far more than the 15 minutes that I'm expected to spend on analyzing deals every morning.

I feel like at this stage, I'm analyzing deals and more or less guessing on ARV but that's a HUGELY important figure to get right, so my deal analysis is rather moot if I'm just guessing ARV...

Does anyone have any processes to share that make calculating ARV a bit more streamlined? What am I missing?

Loading replies...