Updated almost 7 years ago on . Most recent reply
Estimating ARV and Rehab
I have set myself a goal this month of learning how to analyze deals well. One thing I am currently struggling with is ARV and estimating rehab costs. I have an agent who can pull comps for me, but when the comparables deviate from the subject property, I'm not sure how to make accurate adjustments. I also don't want to waste a contractor's time walking properties that I know I'm not going to offer on during my learning period, so are there any good rules of thumb for estimating rehab?