Nathan Payne helps a new Utah investor calculate a property's after-repair value using comparable sales. He estimates the ARV at $450,000 to $500,000 and catches a likely typo in the offer price, suggesting $330,000 instead of $33,000. Working in non-disclosure states requires extra care to verify numbers before valuing.
I'm in Utah now, just recently moved, and it's a non-disclosure state. And so it's a little bit different than what I'm used to. And I wanted to kind of just pick your mind on, on your thoughts on how to calculate ARV, comps, things like that, so that I can first establish value and then try to work that back into an offer price.
I love it, man. So, so check this out. You already have an offer, right? So that's your anchor, and that offer sounds crazy low. So I would just verify that he meant 3 $330,000 versus $33K, right? I think, right, probably meant $330,000. Because $33K doesn't even make sense. That's nuts, right? That the ARV, just from kind of doing a quick glance, it was like $450,000 to $500,000 in that area.
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