Best rules to follow when pulling comps on a property

[Cory Ray]

Hello Everyone,

Looking for some good rules of thumb when pulling comps on a property. When I pull comps. I try and stay in the same subdivision by not crossing main roads. For square footage I try and stay between +/- 250sqft. I try and look for property's with the same characteristics as my subject home by trying to look for property's with the same bedroom and bathroom count but I feel like it's hard to find good comps or enough comps to actually get a good evaluation If anyone does anything different I would love to hear your feed back. 

Im about to hop in to wholesaling with my buddy and I feel like I cant find a solid process for pulling comps for ARV. My buddy seems good at it but hes also a realtor.

[Bruce Woodruff]

If you can find a very similar property (properties) within a few blocks that is golden....but you will find that often there will be few, or sometimes none, within a close proximity.

This is when your talent will come into play. You have to attach a value to the amenities that houses have and do a guesstimate at the value that another area might have. It is very possible and sometimes the only way you have to go.

Experience will be your best teacher....