Comps from Realtor.com/Zillow/Trulia OR Get License
My husband and I are starting into real estate investing. We've done a few deals but now we are ready to get into it more fulltime. He's a contractor and I'm an IT professional, specializing in workflow development. We have a personal friend that is a wholesaler and would like to 'feed' us his deals instead of rehabbing them himself. We're trying to figure out what roles we should each take on. Right now, we're thinking that my husband does the project management and I do the design, bookkeeping and deal analyst. So that leads to the question in this post: Can I get good comps using sites like Realtor.com, Zillow or Trijulio? Or should I get my real estate license to get the comps and save money on the sales? Or get an agent?
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@Account Closed Don't use comps from Zillow or Trulia. Redfin is available in Denver, and that's going to be your best non-mls alternative for initial analysis purposes as it is connected to the MLS. When you do find what appears to be a deal, then you should have a relationship with an agent to run comps from the MLS. Being an agent can help, but is not entirely necessary. You should at least look into a Groupon for online agent classes if only to educate yourself on the analysis part, and if you like it, then take your test and get licensed.