How do you value for property you know much how do you know when a property is worth their ire primary metals first one we’ll start with is the cells comparison method pastels comparison is what you can use a lot for sure flipping houses or this year we have in-house and oftentimes people use this for residential to install it out fullyor.
This is something that holding short term as opposed to a long-term whole so know itself comparison works is you have an area say this is your neighborhood name in an area persons reduce small houses here the house the unified and probably saw after up for whatever you had a citizen.
I house right down here sent a Houston number swanky very similar location this old heart ,within the last six months and does not want to be here that’s all for say ,know %ah six months ISO you do if you use the sales comparison method your values this house they are buying or selling based on other sales that occurred a similar houses some other buildings and that same area that is the sales comparison method another method you uses the capitalization methods.
We’ve talked about Capri before if you need a refresher you can go back to the video where we talk about operate price and an ally so the comparison our site the cap capitalization method I’m pretty much looks at the caprice what is the caprice for a given area as a eight percent caprice are you an area with the talks on Right commercial real estate valuation. so you want to fine me chapter is an area and um and figure out what the property is worth based on that pretty much if you’re buying a cash flowing property thing like this.