When your analyzing a subject property for key values and metrics in order to make a sound investment decision, your going to need to start with the raw comparable sales data. Although an official CMA (comparative market analysis) from a licensed Realtor is the preferred method and source of evaluation, there are many free and paid websites online that allow investors to reference "comps" online. I have a complied an on going and up to date list each year for my fellow investors.
Once you've determined your values you can then use your formulas to make offers to sellers and prepare presentations for clients like private lenders and buyers. I wish I had a list like this when I got started in real estate investing years ago. Keep in mind these websites can have up to 70% of what sales are available on your local MLS (multiple listing service) so the more sources you utilize and compile, the better.
Here is the list:
I wish I had a list like this when I got started in real estate investing years ago.
If you'd like to receive post like this as soon as they arrive, join our mailing list and get the REI Rockstar Newsletter - Click Here.
- Randy, The REI Rockstar
In this post, I show you how I use craigslist a little differently than other investors to find motivated seller leads. Using a long tail keyword and negative keywords allows only the most motivated sellers to shine bright and ripe for the picking.
Download The Cheat Sheet
Randy - The REI Rockstar
Over the years I have reviewed hundreds of small business tools ranging from customer service management software to voicemail blast systems.
Some I'd sign up for and test, some I'd save for research later. As the saying goes, "There is always room for improvement."
One of the benefits of saving the name of the tool, the website and password was keeping everything in one place.
I still use many of these tools in my business today and some are very critical to being able to scale up my real estate investing empire.
I'd like to share these spreadsheet with you, go ahead and download it for FREE. As time passes I may update the sheet and I'll send you those too!
Download: Click Here!
The REI Rockstar
Confessions of A Real Estate Investing Rockstar: Rants, Raves, and Real Estate Tips.
REI Ninja Negotiator Skills
Got A real estate question?
Copyright 2017 THE REI ROCKSTAR, ALL RIGHTS RESERVED.