Always evaluate the current market.

You and only you know the good/bad points for you so you need to do the evaluation and then take action!

Be prepared to do a lot of the digging yourself - a realtor may decide to show you a few specific places to his liking, but you going to properties yourself and bringing in help (GC, inspector, etc) evaluating the deal is the only way to really know if you have it right.

One must do a proper evaluation of the property, assess the risk and buy at a % of valuation.

I have seen many successful wholesalers at local REIA meetings and discussed with them their steps to evaluate and lock up a deal at equal or below 70% ARV.

Obtain critical details to evaluate deal A.

This is even better with commercial properties and vacant land for development where your first few steps in evaluating a proposed site should be on the QT!

When evaluating the return on investment of buying a home vs. renting, it is important to note that in many cases, a large portion of your payment would have been spent on rent anyways.

This familiarity provides a certain comfort level to new investors that larger properties don’t; larger properties tend to be outside of our scope of experience, so many people are not as comfortable evaluating and actually purchasing these types of properties * In terms of supply, single family homes far outnumber multi-family residences.

Therein lies the problem. 99% of realtors have no clue about comping a property and I would most definitely not be interested in their opinion of the market except to evaluate them.