Read the book he cites these types of examples and with practice you will easily arrive at a win / win.Good luck, Chip

Then look at the construction approach (lookup your area in the Marshal Swift construction reference and followthe type style costs) for that home less depreciation of the improvements, the reaminder will be the land value.In some areas, tax assessorslist land and improvements seperately, you can get an idea of valuations by looking at the assessments and the current market values as to the homes and arrive at a % difference, say finding that the market value in that area runs about 15 or 20% higher than the assessment and then apply that to the assessed land valuation, this will be a ball park assessment.Another way is to look at the total market value of comprable homes in the area.

I have used this valuation for seller financing, arriving at the payments to the seller.

My plan is to study for my RE license before the move and take the test once I arrive to help me access properties quicker.My original plan was to get into buy and hold which I still plan to do, but I'm hoping that I could go into RE full time right away which will take a few years with buy and hold.

There will be a bunch of small tables and we will end up scootting many of them together as people arrive.

I'd hate to see the rent check arrive on time!

So you need to take the ARV multiply by the discount to ARV your buyers expect to pay, then minus out your wholesale fee to arrive at your MAO.

How did you arrive at your asking price?

They just required my dog meet their dog when we arrived.

So I took his words at face value...I arrived at the house 10 minutes prior to the open house, and OMG, the kitchen and one bath were so dirty I did not want to stand in it.