Newbies Investing Rentals

[Malaysia Carmichael]

As a newbie stepping into real estate field what should be my first step as far as flipping houses

[James Galla]

@Marcus Floyd,

There are a couple ways. I think one of the easier ones is to engage an agent and get an understanding of how a comparative market analysis ("CMA") works. The idea of comparability lends itself to other valuation tools, including formal appraisals and automated valuation products.

The agent may be able assist in looking at neighborhoods as well, but the review may not have great depth (it may be as simple as that one is good and this one is bad). It depends on your agent. Other than an agent, with respect to neighborhood reviews, your city may have data on it. Consider other sources of data as well.