Property value vs cash flow investing

[Vernon Brown]

Hi there!

I'm new to BP and real estate investing and I plan to purchase my first property (duplex or fourplex) within the next three months. In crunching the numbers on these properties, I have a few that are cash flow positive however I'm not sure if that takes into account the value of the property. How am I sure I am not paying too much. Just because I can clear $300+ hundred doesn't mean that the home is priced right! In addition, there are not many comps in the area (Atlanta) as many duplexes are sprinkled in primarily single family home neighborhoods. 

Any help on valuing these properties is appreciated

Thanks!

[Kenneth Garrett]

@Vernon Brown

Analyze the property by its condition and utilizing comps for evaluating value.  If you are working with a RE agent ask them to run some comps.  Remember to analyze what the agent gives you.  Its your investment not there's.  You have to look at value plus cash flow.

Good Luck.