Updated almost 6 years ago on . Most recent reply
BP Calculator Question
I’m new to the real estate game and also to utilizing the BP calculators.
This may seem obvious to some of the pros out there, but I need to make sure I’m using it correctly. When using it, if a property has already been renovated, it asks to put in the “after repair value” would this just be the same as the purchase price, if the renovations have already been done? I know it’s a big deal if I get that tab in correct so any help would be greatly appreciated!
Thank you in advance!
Most Popular Reply
Yes, this would be the same if you expect the property to come in at the asking or purchase price. Simple answer... yes you are correct!