What is an ARV in Real Estate
How to Calculate
To all the beginners wanting to get into real estate, I strongly encourage you to know your numbers!
What is an ARV?
After Repair Value (ARV) is the property’s value after a property has been repaired, improved, or renovated.
What adds value?
Unfortunately, beauty is in the eye of the beholder. It really depends on what area should be repaired first.
Why is ARV Important?
Investors can calculate their maximum offer price derived from accurately estimating the ARV.
All investors need to understand their numbers. Successful investors make their money by buying right!