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Real Estate Deal Analysis & Advice

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Chris Gonzales
  • Homeowner
  • Woodway, TX
5
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30
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Finding good comps and estimating ARV for a beginner.

Chris Gonzales
  • Homeowner
  • Woodway, TX
Posted Apr 17 2015, 21:09

Hey everyone,

I'm just looking to get a few opinions on how you guys determine your comps. How similar they need to be, how close they need to be, and anything else you might think is important when finding good comps.

Also I'm curious as to what you guys think is the best way for a newbie to determine ARV and cost of repairs. I assume the comps help but is there anything else you would use to determine ARV, and other than looking at the cost of building supplies, is there any other way to get a good estimate of rehab costs? Curious on your thoughts, thanks!

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