Estimating After Repair Value (ARV)
One of the most important aspects of being able to properly and accurately analyze a flip deal is being able to estimate the resale value (the ARV) of the property you are considering. Estimating ARV is a both a science and an art, but you don’t need to be an appraiser or seasoned real estate agent to do it. With some practice, it’s something any real estate investor can do on their own.
Here is a primer you can download and read on this topic: