You’ll need to estimate ARV/calculate ARV (after repair value) quite frequently as a rookie real estate investor. Every flip, BRRRR, or wholesale deal you do will require this key number, but how do you find it? You don’t want to be paying contractors, agents, or appraisers every time you analyze a deal, do you?

Tony J. Robinson, host of the Real Estate Rookie Podcast, is here to share the 3 simple steps to estimating ARV. You don’t have to be an expert in construction or appraising to do so, but you will need to spend some time looking at comparable properties, rehab options, and neighborhoods to find an ARV that will accurately project a sales/appraisal price. If you can get a solid grasp of calculating ARV, you’ll have a huge advantage on finding homes with massive value-add potential!

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The Ultimate Guide to Quickly Estimating a Property’s ARV:
https://www.biggerpockets.com/blog/es...
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The Book on Estimating Rehab Costs:
https://store.biggerpockets.com/produ...
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Use Propstream for Comps:
https://propstream.com/bp
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Follow Tony on Instagram:
@tonyjrobinson or   / tonyjrobinson  

00:00 Intro to ARV
01:12 What is ARV?
02:05 DON'T Outsource
03:37 Step 1: Gather Property Information
05:49 Step 2: Gather Comp Information
08:40 Step 3: Use Comp Data to Estimate ARV
09:55 The Most Important ARV Lesson