The Real Estate Investor’s Complete Guide to Understanding and Selecting Real Estate Comparables

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

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5 Vitally Important Factors That Exist In Every Good Investment Property

How do you know if an investment property is a truly GOOD deal?

I get this question often and the answer is…there are several simple, yet effective, ways to figure out if an investment property you’ve found makes sense as a deal for you.

Let me be very clear, it’s not about whether I LIKE the property. That has absolutely nothing to do with it!

Pro Tip: Take emotion out of the equation when evaluating an investment property.

You see…to me, these houses are simply inventory. In fact, some of the deals I do these days are on investment properties

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Two Bedroom Deals: To Pursue or Not Pursue and How Real Estate Comps Can Make All the Difference

I hear this question often, “Cam, I’m looking at a property but it’s a two bedroom home, should I avoid the deal or do it?” The reality is, there are scads of guidelines in the real estate investing world and a few hard and fast rules to follow, but one of your biggest guides will be what the real estate comps tell you.

When you come across a potential deal that goes against the known guidelines, and trust me you WILL, then it may be time to slow down, take a second look and perhaps reassess your options.

For instance,

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9 MUST KNOW Factors For Pulling Real Estate Comps You Can Trust

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.

In other words, properties

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