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Updated over 1 year ago on . Most recent reply

User Stats

39
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8
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Kyle Soudalan
  • Rental Property Investor
  • San Francisco
8
Votes |
39
Posts

How do you pull comps?

Kyle Soudalan
  • Rental Property Investor
  • San Francisco
Posted

Even though I've bought several rental properties over the years, I always feel like an amateur when I first look at a deal and try to pull comps. It feels like manually comparing it to other properties in the area on Zillow or via the MLS is inefficient, prone to missing certain details, or cumbersome to scroll up and down numerous pages.

How does everyone else go about pulling comps? Is there a strategy you always use when analyzing a new deal? Do you have some template you follow or spreadsheet of columns you always fill out to run particular calculations? Or do you have a way to quickly filter out a lot of properties before taking a closer, manual look at each

Being a software engineer, I'm itching to write code to help myself more efficiently pull comps and run more advanced analyses. But I'd love to know what everyone else's pain points have been to see if I built such a software, it would have value to anyone else here.

Most Popular Reply

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1,746
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1,499
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Doug Smith
  • Lender
  • Tampa, FL
1,499
Votes |
1,746
Posts
Doug Smith
  • Lender
  • Tampa, FL
Replied

Look at who the agents are that are listing flips. If you start to see one that is listing several, grab coffee with them and interview them to see if you get a warm fuzzy about their process and how they work with investors. That's the best way to go. 

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