Personally, I’d review MLS data, Zillow, and consult with a realtor to determine an accurate ARV.

If I don’t hear from you in the next 10 minutes, I will assume you aren’t attending and I will move on to my next appointment.Using this system as dramatically reduced any wasted time I used to endure as part of the showing process as well as giving me data about their timeliness/responsiveness/respect for others' time.I often schedule several viewings at a time, 15 minutes apart. 

The historic southside in fort worth is such a beautiful neighborhood, it truly has some real value if the city could solve some of the social issues, it has a lot of potential for both residential and commercial investments.

There is really no data on this so most of the numbers are just proposed.

What this also does is give me the chance to prove that its a good property, operate it to my written plan and present my 18 month historical financials as proof.

I'm one of the landlords that mostly uses the credit/criminal checks as a data point to see if they were honest with me prior more than anything.

Do you use the historical selling prices to inform your offer?

What I see a lot of people do is overthink it and then either stop in their tracks, or wait for years to get started due to the overwhelming data that they get on what they want to do.

Tip #1 - no such thing as one perfect market There is lots of data on Bigger Pockets and MTR experts that have released rankings of top cities for next year, but remember it's not just about the purchase-- it's also about the operation.

Hopefully, based on actual field measurements, past project data, and estimating software, your contractor can develop a detailed estimate that lays out the cost of labor and all materials for each phase of the project.