That along with figuring in a couple different factors normally gives me a fairly good general estimate of ARV.To be more accurate, you should pull 3-5 individual comparable houses (roughly the same square footage, bed/baths, amenities, etc.) that have sold in the last 3 months (sometimes 6 months depending on your market) and figure an average sold price per square foot and then multiply that by your house's square footage.Curt, on a side note, do you find a formal appraisal to be an accurate estimate of what it will realistically sell for?

The fact remains that this agent, along with a ton of others, have no idea how to work with investors, have no idead how to properly work a short sale, act in an unprofessional and unethical manner (particularly this guy), and I have grown tired of it as many other experienced investors have.The fact that you are an agent, should not be a factor in your attempt to defend this guy.

If you do an awesome job negotiating the seller down to $50,000 but you don't know that you can only sell the house for $40,000, you're in trouble.Now I have to say that negotiating is a HUGE factor in making more money on any deal.

If I found a property with great financials would I have a problem having my LLC get approved without my personal credit being a factor?

What the other folks are warning you about is that there could be other factors that make it less attractive.

Thanks J, I'll rework the numbers, and add all of those factors..

But prices vary based on many other factors and local market.

I am currently practicing analyzing deals but something that always stumps me is determining what need rehabilitation and how much it's going to cost. A lot of the videos I watch people know right away because of ther...

That equity could have been cashed out and put to use if I flipped the property but instead is parked in this rental property so there is some opportunity cost there that brings my true yield down further if you factor it in to calculate the return on equity.

@Jon Treskot Joe, what are you factoring in for expenses?