The 3 Numbers Every Investor Should Know Before Buying

Real estate investing is a numbers game. Knowing the following three numbers will help ensure your next purchase is a sound investment. 1. After Repair Value - The after repair value is simply the value of your home subject to any proposed repairs. Making repairs to a property inherently increases its value. To calculate how much your proposed repairs may increase your home's value you must find comparable homes that have recently sold and were in a condition similar to your home's condition after the proposed repairs have been made. 2. Repair Budget - Making and sticking to a repair budget is essential to a successful investment. Your repair budget should reflect all repairs necessary to

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