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Updated about 5 years ago on . Most recent reply

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Tips for developing comps for the ARV in non-disclosure states?

Chelsea Gulling
Posted

Hi! 

A friend and I are working to develop an offer for our first BRRRR in Albuquerque. We found a guy willing to sell two properties by calling owners who had listed places for rent.

Both are great properties that need cosmetic repairs---One is a 5-plex near the university and the other is a property in a desirable neighborhood that has two 2 bed/1 bath buildings on the lot. 

We are interested in both and are working to develop offers. Obviously we need a fairly accurate ARV on both properties as we plan to BRRRR. We are having difficulty though because New Mexico is a non-disclosure state and both properties are fairly unique for the neighborhoods.

We are looking for a realtor who we can pay an hourly rate to help up develop comps, but beyond that, does anyone anyone have tips? 

THANK YOU!

Most Popular Reply

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59
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38
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Joshua Young
  • Real Estate Agent
  • Albuquerque, NM
38
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59
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Joshua Young
  • Real Estate Agent
  • Albuquerque, NM
Replied

@Chelsea Gulling I'm a licensed realtor in the Albuquerque area and I'd be happy to help you guys run comps. 

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