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Updated over 8 years ago,
ARV and Rentals
Hi, I was wondering something. I know as a wholesaler I've been told it's a good idea to inform your buyer's of the ARV of a property. I get how to calculate ARV. But, I was wondering if this is more for properties that would be flips? Or, does this also pertain to rental properties?
For instance if someone is trying to sell a property that an investor would more than likely purchase as a rental, needs minimum work (i.e. replace a couple windows, maybe paint), then is it the ARV you still want to pass on? Or, just the rental information (how much it rents for as well as others in the area, maybe taxes)?
Thanks!