All Forum Posts by: Michael Kennedy
Michael Kennedy has started 1 posts and replied 1 times.
Post: ARV
Michael Kennedy
Posted
Pro Member
- Fort Worth, TX
- Posts 1
- Votes 0
ARV...
A = After
R = Repair
V = Value
I sort of know how to get to the ARV but what I'm struggling with is how to get the definition of Repair. What is considered to be repair vs a demo & replace. This distinction can have a huge impact on a buy/hold property. Is the repair/maintenance mostly cosmetic to improve the visual impact? Or does repair include updates to bathrooms, kitchen, etc.