Finding Local Market Data and Real Estate Values
If you're new to investing and you don't have access to the mls then one of your biggest concerns may be that you incorrectly value a house.
There are a lot of tools out there today that can help you ensure that you get pretty close. My first choice is always analyzing sold comps on the mls, but for those that don't have that access, here are some helpful ways to begin to familiarize yourself with real estate values in your area.
I always recommend driving around and looking at houses that are for sale and examining houses that have sold in your farm area so that you can get a feel for what houses look like and what differentiates one house and price range from another.
Here are 3 sources that I show others to use to keep up with local market trends and values. Analyzing your market and watching for trends will help you to see opportunities as they come up. Knowing where to find the information and data and watching real estate values on a regular basis is key…
Comments