Why We Need the ARV and What Is Learned from Comps
Channel: Real Estate Investing - Blair Halver & Jeff Kemmer
Date: 12/06/2020

There are many rules you must stick to in real estate business to be successful, and one of them is not to be conservative with your ARV!
Make sure you understand what ARV means and how to determine it. It is the potential value after repair. 

What you are looking at is the most a house can typically sell for in its best condition. You determine this by referencing nearby comps in a similar condition that have recently sold. Remember, it is not the value of the house as-is!

Go get the comps, determine your ARV, and get ready for a good margin to make a profit!

To listen to more firsthand experiences from real estate investors and entrepreneurs, what they learned from them, and their perspective, please go to https://blog.blairhalver.com?sl=podcast

#RealEstateInvesting #ARV