Assuming so, that's correct, the price ranges I list in the book will not mesh with what you could expect to see in Southern California.That said, the book is more about providing a methodology for figuring out your rehab costs than it is for giving you the number.

Just curious, would you mind sharing your methodology for grading these areas?

In calculating the Net Present Value of the investment, what is the appropriate methodology to use in arriving at a discount rate?

You have to invest in the asset class and methodology that makes sense in these markets.Good luck.

@Costin I.Oh, yes I definitely misunderstood.However, I don't believe what you are asking about applies to cash accounting methodology. 

Using what accounting methodologies?

How comfortable are you devoting time to researching tax code and methodology to prepare a cost segregation?

However, now that we have refinanced a number of units and are beginning to use bank money for purchases as well as BRRRR methodology, it has flipped to be more in my partners benefit - I do 90% of the work and only get 50% of the deal... but I am fine with that.

You should receive a comprehensive written report that outlines the methodology utilized in the appraisal along with the analysis and final determination of the land value.While an appraisal report is the preferred method for determining land value, it is not required in order to perform a cost segregation study.

For example, the revenue expected during the low season is five times less than during the peak season.In summary, this methodology offers a comprehensive approach to analyzing the short-term rental market within specific subareas of interest.By localizing demand hotspots, identifying outstanding property types, uncovering key amenities, pricing strategies, and conducting a financial case study, we gain valuable insights into expected returns for properties available in the for-sale market.Ideally, investors would conduct a similar analysis for every demand hotspot within their city of interest, evaluating both the short-term rental and for-sale markets before assessing expected returns.Legal disclaimer: The information provided in this article is for informational purposes only and should not be construed as financial, investment, or legal advice; individuals should consult with a qualified professional before making any investment decisions.Did you find any value in this article?