I also use cash flow analysis such as income vs expense, 50% rule and multipliers that adjust according to the neighborhoods.I only charge 5% of ARV or 10-20% of equity.

I will adjust the holding cost as you mentioned and explain to him why if he ask.

All in all, you should try a combination of different methods and see what works and adjust accordingly.

I have detailed excel spread sheets that automatically tabulate costs rent vs flip, probably wouldn't hurt to show them both when presenting the subject property so they can clearly see if one strategy is better suited over another.

But the appraiser will find something and will make adjustments for all these differences to come up with an appraised value.

Go further back and adjust, but know that won't fly for financing.What is you interest in the property?

If so let me know please so I can make the necessary adjustments.

Set up key words on this site so you can be automatically alerted if there's a topic of interest to you.2.

Originally I planned on becoming a pharmacist in order to invest in real estate but I figured that cost way too much time and money in it self and it would be a waste to switch field later on in life.I have read quite a few books in real estate such as " the automatic millionaire" by David Bach, "Guide to investing" by Robert Kiyosaki, "building Wealth One House at a time" by John Schaub, " Real estate investing strategy" vol 1.2.3 and "How to get started in Real estate investment" by John T.

It's not illegal to have the ability to remember what cards have been played, constantly recalculate odds, and adjust your play accordingly, but it removes most of the advantage the casino has.