Updated almost 10 years ago on . Most recent reply
Investing In an area with no comps. I am first comp In last yr
I am interested In a formerly distressed property which now holds tenants. Nothing has sold I this area In 5 years. But there are new roads and construction near by with new apt complex popping up each season. I am not sure how much to offer since there are no recent comps. If I buy, I will establish the first comp in over a year for sure. Any b ody with similar experience please share.