Question - Posted by NewbieWannabie (FL)

Posted by Stewart on September 22, 2003 at 24:54:40:

Thanks for posting these links. I have been struggling with the figuring of fmv and for some reason hadn’t seen this article yet. I guess I get lost in all the info here sometimes. After reading the one, I feel better informed and more confident. Thanks again.

Question - Posted by NewbieWannabie (FL)

Posted by NewbieWannabie (FL) on September 21, 2003 at 15:16:02:

How can one calculate the rental value of a property?

and another thing what are comps and how are they done?

please dont laugh i know these are probably ridiculous questions… but hey im just trying to gain some knowledge.

Re: Question - Posted by Tom-FL

Posted by Tom-FL on September 21, 2003 at 18:39:54:

Read these:
http://www.creonline.com/articles/art-037.html
http://www.creonline.com/articles/art-132.html

Re: Question - Posted by Steve

Posted by Steve on September 21, 2003 at 17:11:35:

  1. to calculate the rental value of a property - I check homes in the same area and find out what they rent for.
  2. Comps are similar homes in the same area of the home you are comparing it to.