DATA POINTS WE ANALYZE
- Appreciation rates.
- Price cuts and rising Inventories
- Supply and demand conditions for housing.
- Vacancy rates.
- spread between As Is value and ARV.
- Growing demand for remodeled properties.
- Areas conducive to work from home workers.
- School ratings.
- Estimated cost for the rehab.
- Number of rehab projects taking place near the subject property.
- As Is prices paid for recently acquired properties needing rehab.
- Prices paid for recently remodeled properties.
PROPERTY ASSESSMENT FACTORS WE CONSIDER
We compile assessment factors for each property ,and run a valuation analysis to develop the price range that should be paid for the property. We estimate the cost of the rehab, the marketing time for the rehabbed re-sale, and we finish our evaluation by calculating the expected ROI.
We run a building permit history and a tax roll verification to give you the correct room count, square footage, permitted additions, and identify any code violations.
Our in house appraisers run As Is comps, and ARV comps within one mile of the subject property that closed no more than 6 months prior to give you a complete and accurate valuation picture of the property.
We have licensed architects on staff who prepare plans for the most efficient and cost controlling plans to complete the project.
Our marketing experts design exit strategies that reduce the DOM and your hold costs.
PUTTING THE DATA POINTS TOGETHER
After Completing Our Research, We Prepare A Property Summary Containing:
- Property details
- As Is comparable sales.
- ARV comparable sales
- Projected ROI
- Acquisition price range, prepared by our in house real estate appraisers
- Exit price range, prepared by our in house appraisers
- Price per square foot analysis
- Permit history
- Tax roll data
- School ratings
- Location maps
- Neighborhood profile
- Estimated rehab costs, prepared by our in house architects
- Identify unpermitted additions
- Disclose any building code violations