The close comp will be newer homes nearby: brand new 3/2 house with similar size (but 2000 sf tiny lot) is sold at $520k, rent $2800-2900; similar aged home with outdated interior is the area is rent at $2500-2600. 

You can utilize internet comparison tools, speak with nearby insurance agents, or ask around for referrals from other local investors.

I checked out all the beaches from Sunset to the outer banks and this is what my wife and I surmised: We immediately crossed OBX off our list because it was very far and because of the lack of medical care nearby…you have to think of these things once you have children.

I personally search the neighborhood and nearby cities gathering (and recording) the information from neighbors, lien holders, attorneys, tax authorities, title companies, relatives and other persons known to have been associated with the owners of record.

If you peak on Zillow you can see what's listed for rent nearby.

It might be difficult to succeed in a market as competitive as SLC, but there are tactics you can do to improve your chances of securing lucrative deals:Networking: Developing connections with nearby wholesalers, investors, real estate brokers, and other specialists in the field can yield important information and access to off-market transactions.

@Marian Smith good point I guess I’ll have to invest in a stock pile of felt pads but my LVP in my current house seems to be holding up to scratching pretty well but it could just be the color that’s hiding it lol.

This is a real risk, they are known to not renew. opting to build new construction nearby.

These can be used as a jumping off point to comprehend average expenses.Build Relationships with Contractors: Make connections with nearby contractors.

Avery Carl recently said that she partners with a bike rental nearby at one of her properties.