Determining ARV in a non-disclosure state

[Desteni Barnes]

Hi All,

I want to start out of state investing but I am specifically interested in MS. The problem is I can't look up what nearby properties sold for because its a non-disclosure state so websites like realtor.com, zillow, trulia aren't helpful. I know I could go through a realtor for deals but lets be honest the best deals are off-market. I plan to work with wholesalers for most of my deals. My buying strategy depends on being able to Refi out of the original loan.

Does anyone invest in Alaska, Idaho, Kansas, Louisiana, Mississippi, Missouri (some counties), Montana, New Mexico, North Dakota, Texas, Utah, and Wyoming which are all non-disclosure states? And if so , how do you determine ARV?

Any help would be appreciated.

desteni

[Greg Lemmon]

@Desteni Barnes

I know have a bias as I am an agent, but I would recommend you reach out to an agent in those areas. One that is specialized or focused on working with investors. Most agents who do this for a career are happy to help out whenever they can and are not so short-sighted to only do things that get them their next check the quickest. The way they see it is you may need an agent to sell your investment properties at one point and hopefully they can earn your business for when the time comes.

Here in Utah there is really no other way to get accurate data without the MLS and even if you have it you may not know local trends that effect certain geographic areas. It may be different elsewhere, but it may just be the easiest and quickest route to get the most reliable data.