Sooner or later, you’re going to have to pull comparables on the properties you’re considering buying. It’s an important part of every successful Real Estate Investor’s day…
So let’s define a couple of terms before we dig into this…
First, the “subject property” is the one you’re considering buying.
Comparables are your absolute best tool to determine the value of the subject property. Real estate agents and investors like you and I will “run or pull comps”, to determine and justify the value of a subject property based on comparable properties that have sold recently within the area.
After you’ve had a chance to watch the video, please let me know what you’re thinking by posting a comment below.
PS. Here’s a somewhat cleaned up transcription of the video.
Hello, Cam Dunlap here, for a white board exercise today. What I want to talk to you about is Bank Resale Restrictions. There’s no doubt that there are a lot of bank foreclosures out there now, and some lenders have been for a long time, and others are just experimenting, and some are moving away
Cam Dunlap here with some BIG news about iFlip 2.0.
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