3 steps to: Arriving at a Good ARV | Grant Teach Me SomethingGrant Kemp takes us through how he gets to a good ARV for one of his properties. Creativecashflow.com#GrantKemp #RealEstateInvesting#PropelioTV is Sponsored by:Noble Mortgage & Investments, LLC | Batch Skip Tracing | CreativeCashflow.com

Posted by Propelio on Wednesday, April 3, 2019

Video Notes

ARV could stand for a lot of things.

Angry Roving Vultures.
Accelerating Road Velocity.
Aardvarks Remain Vicious.

But today, we are talking about After Repair Value.

This is, of course, the estimated future value of a property after it’s been repaired. It includes both its purchase price and the value of the renovations.

It’s super important to know the real numbers when making deals – not the optimistic estimates.

In this video, Fabiola and I will talk about the 3 essential steps you need to take to arrive at a good, accurate ARV.

They include:

  • Recency: The comps you use shouldn’t be from too long ago.
  • Proximity: The comps you use should also be close to your house.

And last but not least…

  • Sizing: The comps you use should also be similar in size to your home.

We will also give you some detailed real-life scenarios of how this works – which will really help you understand how to calculate ARV. .

I’ve included all of this info, in a straightforward and easy to follow way, in this episode of Grant Teach Me Something.

And that, my friends, is what I call an:

Amazing Resource Video. 😉