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Updated over 5 years ago,
How to determine comps in a rural area
Hey so I'm brand new to the real estate investing world and I have a property that I want to BRRRR. The seller is motivated, but it's in a rural area and I'm not sure how to get the comps. Most of these homeowners own their homes in full and have for some time, so how can I determine what's a good rental price if there are no rentals in that area?
Should just I not invest there? Should I look further out to areas that do have rentals and use those for comps? What should I do?