From the course: Real Estate Analytics
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Determining your hold time
From the course: Real Estate Analytics
Determining your hold time
- [Narrator] Projected hold time versus actual hold time. What did you say, what did you project you are going to hold the property for total and then what'd you actually end up doing? And how good are you or not good are you doing? I mean I know exactly down to the day, what our averages are based off of the total deals that we do. But I don't just know it by the total deals that we do. I know it by each individual kind of property. So all of those numbers that you track are powerful, but when you start to dissect it down to the deal type and what do I mean by that? Well, wouldn't it be safe to assume that a condo should cost you less price per square foot than a single-family renovation? It should because why? On a condo you're typically not going to do what? You're probably not going to do anything on the outside. Now on higher price point condos that number may change. But when you break it down to the deal type and…
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