Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. 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.
Real Estate Deal Analysis & Advice
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 almost 8 years ago on . Most recent reply

User Stats

19
Posts
2
Votes
Travis Quickel
  • York, PA
2
Votes |
19
Posts

My first deal with NO comps..

Travis Quickel
  • York, PA
Posted
hey guys, so I have a possible wholesale deal. Just looking at the front of the place you can tell it needs work, kinda looks like a dump. It used to be an old shop that sold plants, here are the details I have received.. -11,250 Sq ft lot -2130 Sq ft building -built in 1946 -1 green house he made into a 2 story building the other green house has broken glass and hail damage. -it has a water well but no sewer -records show he bought it for 65k in 2003 and is asking 75k. He also built the 2 story building add on. -price history shows he's been trying to sell it the past 10 years but can't and last listing price was 84,500 and says listing was removed. Pretty much the area it's in is on a main freeway and there's no comparable comps near it and I don't have access to the MLS what do I do? The tax assessor prices the land and building at like 90k, and zestimate is 177k I guess that'd be the ARV? Does anyone have any insight?

Loading replies...