Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 3 years ago on . Most recent reply

User Stats

4
Posts
0
Votes
Timothy Salmons
0
Votes |
4
Posts

Need help with comps and information

Timothy Salmons
Posted

Hello everyone, my team and I are investors and my main job is comping property. I recently ran the numbers on a property and came out as a good deal. However when I double checked everything before sending a contract through I noticed that zillow had confused me and my numbers are way off. I was using MLS records to see what the property sold for and then took the PPSQFT of 3 different comps and averaged them to get my value to figure out ARV. My ARV is half of what it was before and now I am trying to crunch the numbers and its just not possible and we are possibly not going to be able to get this property under contract. I do not want this to happen in the future, can anyone offer me advice on how you comp properties. I have tried to ask a few people that I thought were going to mentor me but they're not answering my calls or texts.

Loading replies...