Determine your maximum allowable offer.
When it comes to investing in real estate, whether a fix and flip, wholesale deal, or rental property, knowing the ARV and how to calculate it is the most important skill that you can build.
Watch this video as Brandon shows you how to analyze property with the BiggerPockets Wholesaling Calculator. REIkit.
Despite its simplicity, it offers many advanced features that will save you time and money.
Use the ARV Calculator to quickly estimate the After Repair Value (ARV) of your wholesale, flip, or rental real estate, based on suggested comparables in the area. . Learn to adjust your real estate comps in the same way an appraiser would, to come up with an ARV using the same methods.
Real estate investors and wholesalers use the 70% rule to decide how much they should be willing to spend on a house. Deal analysis, accurate ARV, accurate rehab cost estimates, property marketing. Calculate max offers, estimate ARV’s and create marketing reports for wholesale properties.
Calculate max offers, estimate ARV’s and create marketing reports for wholesale properties. It’s easy to use and is perfect for quickly analyzing deals.
That’s because ultimately, being able to quickly and accurately calculate the ARV will.
Select a repair estimate level to automatically calculate a repair estimate below.
Use this Wholesale Offer Calculator to determine the maximum offer you can make on a property that you intend to wholesale to another party. .
The ARV is one of the most important parts when wholesaling houses. Real estate investing is a fluid game and each investor can cater to the MAO formula however they like.
The housing market can fluctuate, causing comparable home values to go up or down. Samantha White. COMP #1 DATA.
SMALL REHAB - Carpeting, painting, interior ~ 5% of the ARV. Using. This formula is designed to be open-ended and based on the individual investor’s preference. For this hypothetical example, let’s say a house has an ARV of $100,000 and needs $20,000 in rehab. MEDIUM REHAB - new kitchen,. This calculation is made by times-ing the after repaired value (“ARV”) by 70% and then subtracting.
The map is really important to help you determine the validity of your comps.
This is good news for us, and a good first step in.