Comps??

by Tim Herriage

Comps??

by Tim Herriage

by Tim Herriage

One thing I get asked about a lot is comps.  Many investors just simply don't know how to read them.  Take these items into consideration:

  • What part of the year are you looking at?
  • Are you really looking apples to apples?
  • Did you drive the neighborhood?
  • Is seasonality at play? (IE: your six month window is fall and winter months)
  • Are the comparables rehabbed, as-is, or “well maintained”?
  • Are there major streets, or other geographical barriers, that might impact the comparability?
  • Are there any “White Elephant” issues?  (IE:  High tension power lines, graffiti, burglar bars, three pit bulls next door)

I will be teaching a class in April about this subject.  It is:

Real Estate Intelligence:  Making Sense of the Data

If you would like more information, please fill out the form below:

http://forms.aweber.com/form/23/985744823.htm

 

Tim Herriage
DFWInvestors.com
tim@new2020rei.wpengine.com
214.607.1227

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