How to determine a sales price?
Hi BP community,
I am new to the flipping side of real estate and I am trying to run numbers on a flip that I am looking into and I am struggling to come up with what would be a good resale price once the flip is complete.
I have asked for comps from my realtor and he has provided them to me but I am now unsure of how to go about assessing them.
Does anyone have any good advice or tips on how to evaluate the comps so I can set my sale price?
Thanks for your help
Cheers Gary