Updated over 1 year ago on . Most recent reply
Running comps on small multifamily.
I recently read multifamily millionaire but he doesn't really describe how to run comps on small multifamily other that ask an agent/or BPO's. I'm under the impression that its ran similar to single family homes and like cap rates for the large multifamily. There's not a ton of information about this topic so i'm just curious on how investors are running their comps on their small multifamily investments.
Additional questions. I don't have access to the MLS to run comps. And asking an agent to run comps on 50 properties a day isn't effective. Is there a way around this? If so, how are some of you running ARV's everyday without asking an agent for multiple favors a day? How are you running comps on off market deals when not using an agent?