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Updated over 3 years ago, 09/14/2021

User Stats

433
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742
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Tucker Cummings
  • Investor
  • Raleigh, NC
742
Votes |
433
Posts

Comping in Non-Disclosure States (Texas)

Tucker Cummings
  • Investor
  • Raleigh, NC
Posted

I currently live in Raleigh, NC & invest in Fayetteville, NC. Over 18 months, we were able to acquire 9 rentals through creative financing, BRRRR method and traditional financing. I was able to do this by acquiring properties where the numbers made sense and I could stretch my dollars farther. Obviously one the biggest parts of running numbers is knowing how to comp a property to see what it's worth. Usually that involves seeing what other property sold for in the area that are similar to mine.

My wife and I are preparing to move to Texas, which is a non-disclosure state. Since I can't see what property sold for in Texas, how are people comping these properties to see what their ARV is?

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