Updated over 5 years ago on . Most recent reply
Tips for developing comps for the ARV in non-disclosure states?
Hi!
A friend and I are working to develop an offer for our first BRRRR in Albuquerque. We found a guy willing to sell two properties by calling owners who had listed places for rent.
Both are great properties that need cosmetic repairs---One is a 5-plex near the university and the other is a property in a desirable neighborhood that has two 2 bed/1 bath buildings on the lot.
We are interested in both and are working to develop offers. Obviously we need a fairly accurate ARV on both properties as we plan to BRRRR. We are having difficulty though because New Mexico is a non-disclosure state and both properties are fairly unique for the neighborhoods.
We are looking for a realtor who we can pay an hourly rate to help up develop comps, but beyond that, does anyone anyone have tips?
THANK YOU!
Most Popular Reply
@Chelsea Gulling I'm a licensed realtor in the Albuquerque area and I'd be happy to help you guys run comps.