Comments on: 3 Methods of Real Estate Valuation for Wonderland Housing: The Cost, Sales Comparison, and Income Capitalization Approaches. http://www.doctorhousingbubble.com/3-methods-of-real-estate-valuation-for-wonderland-housing-the-cost-sales-comparison-and-income-capitalization-approaches/ How I Learned to Love Southern California and Forget the Housing Bubble Thu, 18 Mar 2010 14:32:12 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: John http://www.doctorhousingbubble.com/3-methods-of-real-estate-valuation-for-wonderland-housing-the-cost-sales-comparison-and-income-capitalization-approaches/comment-page-1/#comment-1637 John Fri, 10 Aug 2007 07:08:00 +0000 http://www.doctorhousingbubble.com/?p=130#comment-1637 What about estimating home value by finding what comparable homes are renting for and using a multiple of that -- I recall reading 120 to 180, depending on the market (i.e., a good price thumbrule is that the cost of a house is monthly rental value x N, where N is between 120 and 180).<br/><br/>Seems like that has been a fairly good crosscheck on the other methods at times ... What about estimating home value by finding what comparable homes are renting for and using a multiple of that — I recall reading 120 to 180, depending on the market (i.e., a good price thumbrule is that the cost of a house is monthly rental value x N, where N is between 120 and 180).

Seems like that has been a fairly good crosscheck on the other methods at times …

]]> By: mikey http://www.doctorhousingbubble.com/3-methods-of-real-estate-valuation-for-wonderland-housing-the-cost-sales-comparison-and-income-capitalization-approaches/comment-page-1/#comment-1625 mikey Thu, 09 Aug 2007 19:00:00 +0000 http://www.doctorhousingbubble.com/?p=130#comment-1625 gee, scarecrow, I think I'll miss Tanya Memme most of all...wait, maybe she could host a reality show where she rides along with the marshal during evictions? gee, scarecrow, I think I’ll miss Tanya Memme most of all…wait, maybe she could host a reality show where she rides along with the marshal during evictions?

]]> By: Hiphopapotamus http://www.doctorhousingbubble.com/3-methods-of-real-estate-valuation-for-wonderland-housing-the-cost-sales-comparison-and-income-capitalization-approaches/comment-page-1/#comment-1624 Hiphopapotamus Thu, 09 Aug 2007 18:02:00 +0000 http://www.doctorhousingbubble.com/?p=130#comment-1624 i agree in principle, but in this market i just don't want to hold onto real estate in california. i just sold a rental in 29 palms that i've had for 3 years. it was cash flow positive and i hated to give it up but i sold it for triple what i paid for it. a few hundred dollars a month profit over 30 years just can't compare to nearly $100K right now, even with the taxes, imho. i agree in principle, but in this market i just don’t want to hold onto real estate in california. i just sold a rental in 29 palms that i’ve had for 3 years. it was cash flow positive and i hated to give it up but i sold it for triple what i paid for it. a few hundred dollars a month profit over 30 years just can’t compare to nearly $100K right now, even with the taxes, imho.

]]> By: Jim in San Marcos http://www.doctorhousingbubble.com/3-methods-of-real-estate-valuation-for-wonderland-housing-the-cost-sales-comparison-and-income-capitalization-approaches/comment-page-1/#comment-1621 Jim in San Marcos Thu, 09 Aug 2007 00:29:00 +0000 http://www.doctorhousingbubble.com/?p=130#comment-1621 Hi Doc<br/><br/>Good read.<br/><br/>A faster easier way to compute the estimated value of a rental is to take the monthly rent and multiply by 100 (It just involves less math).<br/><br/>The second step to realize, never sell rental real estate. Leave it to your kids and avoid the taxes. Hi Doc

Good read.

A faster easier way to compute the estimated value of a rental is to take the monthly rent and multiply by 100 (It just involves less math).

The second step to realize, never sell rental real estate. Leave it to your kids and avoid the taxes.

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