Skip to content
×
PRO
Pro Members Get Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
$0
TODAY
$69.00/month when billed monthly.
$32.50/month when billed annually.
7 day free trial. Cancel anytime
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
General Real Estate Investing
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated about 5 years ago,

User Stats

11
Posts
3
Votes
McCall Russell
  • Pahoa, HI
3
Votes |
11
Posts

Comps Sold Recently For 6 Times The Amount Of Subject

McCall Russell
  • Pahoa, HI
Posted

The property I'm looking at and the comps are all 2 bd 1 ba with the exception of 1. They all need full rehab and the comps recently sold for $1,350.000 each. It's 4 properties right next door to one another bought by the same company. The subject property is 3 houses down from them, listed for $294,900. I know it would be best to add an additional bed and bath.The property has been listed for 92 days and I reached out to the Realtor to schedule to go view it but they advised the home is occupied and the seller hasn't replied to them. What should my next steps be and what would be the best way to analyze it with the comps being way higher than what it's worth?

Loading replies...