Trying to estimate the value of a piece of real estate seems to be everyone's favorite pastime. I've discussed this subject in detail in my book, "What Every Real Estate Investor Needs to Know About Cash Flow"; in previous articles, on PBS's Wealthtrack; in line at the supermarket, and just about everywhere else I'm allowed to talk out loud. Although I thought I had covered the waterfront pretty well on this topic, I continue to be surprised by the number of people who still don't fully understand that there are several approaches to estimating value, and that it is important to choose the one best suited to the particular property you have in mind.
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