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Active Turnkey Series #1 | Establishing ARV 🏡
Автор: One Group Network
Загружено: 2023-02-17
Просмотров: 59
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"After repairs value" (ARV) is the estimated value of a property after necessary repairs and renovations have been completed. This value is calculated by taking into account the cost of the repairs and renovations, as well as the potential increase in the property's market value as a result of these improvements.
ARV is often used by real estate investors and lenders when assessing a property's potential profitability and risk. It helps them to determine whether the investment in repairs and renovations is likely to yield a profitable return and to set a reasonable price for the property if it were to be sold after repairs are completed.
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