All Forum Posts by: Phineas Howie

Thanks, so much for the sound advice. Really goes to so how much of an advantage it start somewhere you already know well like your home town or somewhere you have lived a long time.

0 Votes

Originally posted by @Tristan S.:

@Phineas Howie I have heard that it really depends on your area. Not very reliable here in TX, sometimes it's on point but sometimes it's way off. I wouldn't trust it for getting an ARV.

Thanks for the advice, so how do you think can one find out how accurate it is in any given area?

0 Votes

I am looking in upstate NY, Hudson Valley area. How do you generally estimate listed homes value quickly when Looking for good deals?

1 Vote

Originally posted by @Mike Cumbie:

Its within 20% about 80% of the time

And the other 20% of the time? Lol

2 Votes

While using the site Zillow to browse for multi family investment properties I have noticed what they call their "Zestimate." (their estimation of the home's value) I would like to know how useful other investors have found this estimate to be?

2 Votes

Hi, I find that the basic Mortgage Calculator on BP arrives at a much lower monthly mortgage estimate compared to the monthly mortgage estimate which is calculated within the Rental Property Calculator. What contributes to this difference and which is more reliable?

19 Votes

All Forum Posts by: Phineas Howie

Phineas Howie has started 8 posts and replied 16 times.

Post: How Good is Zillow's "Zestimate" of Home Value

Post: How Good is Zillow's "Zestimate" of Home Value

Post: How Good is Zillow's "Zestimate" of Home Value

Post: How Good is Zillow's "Zestimate" of Home Value

Post: How Good is Zillow's "Zestimate" of Home Value

Post: Mortgage Calculator and Rental Property Calculator