Understand Rental Property Calculator
Does anyone have a quick way of determining the ARV of a property without actually knowing what the repair cost would be? Is there a rule of thumb we can use to guide us? I am looking at the rental property tool and it ask about repair cost. Is there a rule of thumb that we should use for that if you are looking at property outside of your current location and we are only using the pictures online. With all that being said, does anyone have any tips or rule of thumbs that will help filling out the rental property calculator smoother to help see if a deal is a good or bad deal?