Alternative Ways for Comps for BRRRR
Looking to BRRRR, but sometimes the comps I find are either inaccurate or missing information that may alter my analysis. Are there any other techniques that real estate professionals can use?
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When calculating ARV with solids required adjustments either up or down. If you have a 3 bedroom house with an unfinished basement and yours is The same but on a crawl I subtract 10K. 2 bath verse I bath subtract 5000. You can analyze by square footage. If the average home is sold at $100 a square foot adjust accordingly. Appraisals are subjective. Be conservative if you can't find matches in the same neighborhood.