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Real Estate Deal Analysis & Advice

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John Dorma
  • Miami, FL
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adjust property taxes

John Dorma
  • Miami, FL
Posted Mar 26 2018, 07:26

Hello !


When I receive a deal and I plan to make a quick and dirty valuation what is the right approach ?

I always removed the additional income because I feel I should not value a property for lost key fobs or pet fees.

Also, when it comes to Expenses I left the expenses as is and mostly increased the management fee from 2% to maybe 3% depending on the size of the deal and I always adjusted the property taxes.

Is that the right way to quickly value a property? 

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