Where to find comps

Question

I’m a complete newbie in the Real Estate game and would like to start learning more and making progress in it. I’ve started listening to BP podcast last week I’m already to 33 lol. I’ve listened to many audible books including the famous Rich Dad Poor Dadas well. What ive concluded from the podcast is you have to get started! I was “walking for dollars” around my neighborhood and found a house that needs ALOT of work and many successful investors say they see dollars when they see that. So what I’m wondering is how do people find comps and figure how much to offer. I have learned about the 70 percent rule for flips but to find a ARV I’d need to find the comps around it. Anything would help like I said I’m just starting to learn in this industry so even if it’s super basic it may help me tremendously.

Account Closed · Answer

I use IURealistdotcom

pay a Realtor to do that work for you, this frees you up to finding deals and making offers, delegate as much as you can and you will accelerate your profits.

What ever the seller is asking, offer haft to see his reaction, this might smoke out his real needs, if he gets pissed, just say, "Sir my goal is to make a reasonable profit, that offer was just a trial offer, let's get to your bottom line, what's going to take to make a deal today?

AT 78 years old I do 100% assignments using controlandrolldotcom it works for me.

Good luck,

Charles

Michael A DeAngelo · Answer

thanks for the advice i was planning on calling a realtor today to set up some automatic email for some properties that i would be interested in. I am completly new however and if i had a great deal fall into my lap id have to dive to find out what to do w it lol so im not trying to waste anyones time. i do however know im one that learns by doing so im trying to be proactive and start anyalizing more deals to better understand a great one.