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Updated over 6 years ago on . Most recent reply

Finding deals on Redfin or Zillow?
So I'm using Redfin and Zillow to look at Duplexes in and around my hometown of Hesperia, California as I want to start out by house hacking. From a buying standpoint, how do I know if what I'm looking at is worth the list price? (I would of course make a lower offer)
I could go there and check it out, but I have no experience in being able to tell what a property is worth.
I'm considering calling the listing agent, but I feel like he/she would have more incentive to deceive me in some way.
Apologies for the noon question, I'm reading the BP book currently on rental properties. I just need to learn how to spot of a property is overpriced or if it's a good deal. I realize this probably comes through experience. I really want to take my first step though and I don't want to meet financial ruin on my first step.
Most Popular Reply

You should evaluate the returns on all of the properties, know what you can afford and after evaluating enough properties you should have a good idea of what is a good deal for your area.