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!
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