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Updated almost 5 years ago on . Most recent reply

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Trouble finding comps in small town

Posted

I am having a hard time finding good comps for a potential wholesale deal in a smaller Texas town. Any ideas?

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188
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Ray A Delfi
  • Rental Property Investor
  • Poughkeepsie, NY (Hudson Valley Area)
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188
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Ray A Delfi
  • Rental Property Investor
  • Poughkeepsie, NY (Hudson Valley Area)
Replied

@Canaan Swearingin looking at the small town and comparing it to similar towns around it may help. Use the same strategy you would comping homes but you are looking for comps of the town. Also making sure you are using more than one method of finding comparative sales. Think outside the box. I’m sure there are plenty of towns that share the same demographics.

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