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All Forum Posts by: Joseph Davidson

Joseph Davidson has started 1 posts and replied 2 times.

Post: Calculating ARV for Duplex

Joseph DavidsonPosted
  • Flipper/Rehabber
  • Odessa, TX
  • Posts 2
  • Votes 0

It is currently also being rented out to two different tennants, each paying $950/mo. With the the duplex however, and the given number of rooms/beds per unit, how would I compare this to other comparables in the area. Should I just use the same amount of sqft, condition, and just total number of rooms and baths of the whole duplex? @Isi Nau

Post: Calculating ARV for Duplex

Joseph DavidsonPosted
  • Flipper/Rehabber
  • Odessa, TX
  • Posts 2
  • Votes 0

I am trying to calculate the ARV for a duplex on a lead. A zestimate off Zillow is valued at 28k. The size of the property is 848 sqft. I have had some help with calculating this with a few other wholesalers and they both gave me a number around 43k-50k for an offer. I am curious as how they came to calculate this high an offer with the surrounding properties. The sizes and prices of the surrounding properties vary. The duplex is split into 1bed1bath on each side with their own kitchens. Any help I can get with this?