Real estate comparables, or comps as they’re called, can be a real hurdle for some investors to clear. But, I’m here to tell you that it’s really not as complicated as you may think!
In today’s post, I’m going to share with you the factors that you need to consider when reviewing real estate comparables (by not taking these into consideration, you’re setting yourself up for trouble!)
Plus, I’ll also touch on how I get top dollar on my rehab deals while using these important comp factors AND the one mistake you should avoid.
We’ll look at these important criteria and steps in the comp evaluation process:
- Time of Sale
- Size and Amenities
- Narrowing Down
- Bringing Top Dollar
Let’s get to ‘em…
Obviously, location is a big deal in real estate on many different levels…
But, for our purposes, I’m talking about location as it relates