Comping in Non-Disclosure States (Texas)
I currently live in Raleigh, NC & invest in Fayetteville, NC. Over 18 months, we were able to acquire 9 rentals through creative financing, BRRRR method and traditional financing. I was able to do this by acquiring properties where the numbers made sense and I could stretch my dollars farther. Obviously one the biggest parts of running numbers is knowing how to comp a property to see what it's worth. Usually that involves seeing what other property sold for in the area that are similar to mine.
My wife and I are preparing to move to Texas, which is a non-disclosure state. Since I can't see what property sold for in Texas, how are people comping these properties to see what their ARV is?