Top 4 Tips for Investing Rural Real Estate
When you buy and investment property to flip in a rural, tertiary market, prepare for the unexpected. These forgotten markets can be incredible investment opportunities, but you must understand that you are playing on an entirely different field and often radically different rules. If you plan for the unexpected, you could win big. #1: Use […]
Florida MLS Comps in 2017’s Fast-Paced Market
Florida MLS Comps data for the first quarter of 2017 points to another good year for the Sunshine State’s real estate market. More new listings, higher median prices, more pending sales, and more closed sales all show that the market is continuing to boom. Examining recent Florida MLS comps just goes to show how quickly […]
Real Estate Comparables Define the After Repair Value- YOU Define Your Profit
Real estate investors rarely buy pristine houses. A house that doesn’t require any work has less value for an investor, as a state of disrepair can often mean added profit for the savvy investor who knows how to fix up a house. A good investor knows how much the repairs and renovations cost and knows […]
A Pre Foreclosure List – Three Things You Need to Know
The savings which can be made when purchasing property from a pre foreclosure list can be astronomical. With such large amounts of money involved in the transaction, even small saving can equate to thousands of dollars back in the real world. Purchasing a property off of a pre-foreclosure list gives you the chance to own […]
Home Comparables: Data for Accurate House Valuation
Home comparables are an essential tool for any serious real estate investor. Comparable sales data gives you the ability to assign an accurate value to the property that you are looking to sell, and so are necessary for any investor looking to maximize the value of their investment. Home comparables have become a necessary part of […]
Sold Comps: the accurate (and only) way to value property
Investors who work in the real estate industry will most likely need no introduction to the importance of obtaining recent sales comps in order to get an accurate valuation on a property. Sold comps – or sold comparables – are essential for any real estate professional to critically define the true value of a home. […]
Get Comps: The Simple Way to Value a Home
Do you know how much a property is worth? The best way to do this is to get comps, or in other words, get comparable sales information for your real estate market so you can accurately calculate the value of a home. If you get comps for your local area, a comparative market analysis gives […]
Probate Leads – How to Source Probate Real Estate
What are Probate Leads? Probate is the period following a person’s death, where their assets are liquidated in order to satisfy outstanding debts. Probate leads often come in a list form, providing the details necessary for real estate agents and real estate investors to make contact and purchase the recently-deceased person’s home. What Makes Probate […]
Real Estate Comps and How to Find Them
A simple guide to real estate comps and how to find them. Real estate comps are listings of similar properties in an area with associated pricing, which allow buyers and sellers to determine the value of a property in relation to others in the market in real time. Without comps, there would be no framework […]
A Brief Look at the Real Estate MLS and what it Really is.
A brief look at the real estate MLS and what it really is. Anyone with even the most cursory of knowledge about real estate has heard the term ‘MLS’, usually in conjunction with ‘Comps’. Although the general meaning can be easily ascertained through contextual clues, many homebuyers and sellers are unsure of what precisely the […]
