How do you all sort through the hundreds of listings to know which ones to spend more time on?
I'm trying to find a deal in the Spokane, WA or Coeur D'Alene, ID area. I know it's hard, but I'm really stumbling on the huge amount of work to analyze one property and there are hundreds listed. I know I need to figure the ARV, then subract the repairs, then subtract my desired profit.
One of the problems I'm having is I don't know what the ARV should be without bugging a realtor for each of hundreds of properties. I can look on Zillow, but that's not always very accurate. I signed up for foreclosure.com and that shows values on some properties, but again, I don't know how accurate it is. There are a lot of different neighborhoods and the value vary dramatically, of which I don't know except Zillow's estimates.
I can take a guess about repair values by looking at the pictures and a little more by talking to the listing agent, but I would have to look in person to have a real idea.
How do I narrow this down?
Two properites I’m looking at is
https://www.foreclosure.com/address/2413-N-Dakota-St-Spokane-WA-99207/50285501_lid
And
https://www.foreclosure.com/address/3432-W-Queen-Pl-Spokane-WA-99205/49955033_lid
