Tips on running comps on single and multifamilies

[Dylan Boesch]

Hello BP,

I am new to real estate investing and while there is a lot of advice on running comps on the internet, I wanted to get your tips for running comps on homes. I have heard that some of the important things to consider are # of beds, baths, square feet, and the condition of the property (or amt. of rehabbing to be done). I am wondering what sites or resources you all use to get your information. I do not have access to an MLS at this time, is it worth it to contact a Real Estate agent?

I would really appreciate hearing your techniques for assessing the potential ARV of homes before making an offer so I have a better chance at successfully rehabbing/wholesaling.

Thanks everyone,

Dylan

[Steve Babiak]

Further reading:

http://www.biggerpockets.com/forums/48/topics/7799...