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Featured Stories

How to Accurately Determine After Repair Value (ARV)

ARV is the process of reviewing the most relevant sold, pending, and active comps to determine the best price that the home will sell for after repairs are made. I am amazed (blown away) at how many investors do not learn how to analyze comps and determine ARV. For many novice investors, the extent of determining ARV is limited to calling an agent and asking her opinion (as if they know or care). Listen, this is very important – no one has as much of a vested interest in your success as you do and the better you get at determining ARV, the better you will be at buying right, selling right and making more money. The goal with ARV is to make it more of a science and less of an art. This is one aspect of the business that must never be outsourced.

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Understanding Your Target Buyer Is Critical When Flipping Houses

When deciding on doing a fix and flip deal and considering the exit strategy, you must understand what type of buyer you’re planning on marketing to. Remember, you are not living in the property, a buyer is, and the better you understand the ideal buyer who is going to buy your home, the more successful you will be. There are two primary types of buyers.

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