We estimate the After Repair Value as follows:We find the similar properties that have sold within the last 6 monthsThe properties must be in the same community and within a one mile radiusThe properties must be updated and/or renovated (If we're going for rental quality we'll look for properties that look like rental quality If we're going for condo quality we'll look for condo quality)The room count, bedroom & baths, must be similar (we'll make adjustments up and down if they are not similar)The square footage must be similar (We'll make adjustments if the difference in square footage is too large)We'll look for a minimum of 5 similar properties- We use 5 because when we have to challenge an appraisal they ask for 5 properties as part of the challenge)We use the MLS & a system called REMINE to find the similar properties.

I am in contract for a 5 bedroom rancher in Charleston, SC.

Hello everyone,, I am in contract for a 5 bedroom rancher in Charleston, SC.

It has 2 bedroom and 3 bedroom units.

We were looking to stay under the 200k threshold - 1 bedroom 1 bath ocean front properties.

(if that even exists anymore)IMO if you are looking for a rental/ investment property with the goal of property appreciation and decent rent take a long look at Calgary.We are already seeing a lot of migration from Ontario to Alberta and that is only going to pick up as home prices are so cheap.As of this post, there is a full SxS duplex / 3 bedrooms per side for ~$480,000 for BOTH sides

Also added pool to backyard and 2/2 ADU with bedrooms and J&J BA on 2nd floor.

hi everyone, thanks for the help in advance. i just bought a 4 bedroom 2 bath three story property in augusta GA. in the basement is a perfect place to simply put in a door and a lock blocking it off from the rest of the house and living there while i rent out the 2 top floors.the two top floors have a kitchen, dining room, great room on the main floor and on the top level 2 bedrooms and a bath. rentometer gave me a score of $900 a month for a 2 bedroom 1 bath, but it is not factoring the 2 stories, dining room and great room. so my question is, because of two stories, the dining room and the great room how much will that allow me to increase rent by and how could i find this for myself in the future?

There's an extra office space that I can convert into a bedroom for myself, along with 4 other ones upstairs that I'm thinking of renting out for $800 each (1 bed 1 bath in the area is around $1300 according to rentometer).

Call them and ask how much a 2 bedroom apartment is.