Updating the Estimated Market Value of a Property

Updating the Estimated Market Value of a Property

Properties in REI Hub can have an Estimated Market Value associated with them.  The Estimated Market Value is used to help investors estimate their equity in current market conditions, and is reflected in cards on the Portfolio and Property Dashboards.  It is also used in some returns based reporting.  The Estimated Market Value is not the same as the book value or basis of the property, and is not used nor required in tax reporting.

To update the Estimated Market Value of a Property:

1) Navigate to the Properties page and click View Dashboard

2) Click Edit in the upper right corner

3) Find and update the Estimated Current Market Value field

4) Click Save at the bottom of the page

5) Contact us with any questions! 
    • Related Articles

    • About Property Management

      Many real estate investors utilize property managers or property management software that can receive funds and/or pay expenses on behalf of the property owner.  While this can be a great help, it also carries the potential to complicate your ...
    • Updating your payment information

      To update your payment information: 1) Open the right side menu Click the three horizontal lines in the upper right corner next to your Portfolio name. 2) Click on Subscription 3) Click the 'Update Payment Method' button: At this time, Subscription ...
    • Updating the Chart of Accounts

      REI Hub allows you to add additional accounts and sub-accounts to your Chart of Accounts.  Some important things to know: To ensure the Schedule E report works correctly, create new Revenue and Expense Accounts as sub-accounts beneath the existing ...
    • REI Hub Overview and Getting Started Guide

      Ready to level up your bookkeeping with REI Hub? Great! Whether you just purchased your first investment property or your twentieth; REI Hub’s real estate and rental property accounting software will save you time, stress, and money! No matter how ...
    • About Fixed Assets

      Fixed Assets (also known as Capital Expenses) are your depreciable items- the investment property itself and the capital improvements you make to it.  These non-operational costs are not written off against income in a single year, but are instead ...