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Updated over 5 years ago,
Working my first deal
Foreword: Any advice, tips and critique is welcomed. Just keep it constructive ;)
I feel I have a deal in the works. Located in Ontario Canada, I have found a property that needs some TLC/reno attention.
It currently is listed for 299 and 2 comps in the exact neighborhood are selling at 399.
My thinking for the low listing is lack of HVAC, central and outdated kitchen cabinets, paint and flooring. While I can and will be doing this work myself, HVAC I would look into getting professionally installed.
My first steps were to find a property and start comparing it to the others for sale in the area
My next step is I just called the sellers agent to view the property of intention.
My next step is to view the comps on the same day.