Can I use comps that are close by but fall into another town ? The comp is only aboutA mile away but it’s on the next town over

I just found a duplex with some potential. How should I go about estimating the ARV on it? I am hoping for a step by step of what you guys might do when deciding what the ARV is. Or do you just ask the agent to do it? 

So I have an Agent I've been working with to run comps for me, interesting thing is her comps frequently put the property 20-30k above my ARV's everytime, just like wholesalers I see out there who are trying to missle...

So when analyzing potential investments in the flood plain, do you just factor in the cost of the flood insurance? Assuming two properties are in the same part of town, but one happens to be in the 100 yr floodplain a...

I have a potential seller for a wholesale deal. Right now I feel like I am in a country where I don't know the language but just a few words! So at the risk of sounding dumb, I am going to get out all my potentially i...

I'm currently looking to purchase my first home as my primary residence. I've been looking at single family homes in the Chicago suburbs, mostly 3 bed/1 bath ranches. Most of these are beat up REO's that are selling...

Hey BP!I'm ISO advice from someone who is experienced at running comps or even better, an appraiser. As a beginner, who has only done one deal, how can I figure out the amount to adjust a comp for certain features. Le...

calculating the ARV using similar sold comps; 1). Price on sold home/sqft = $X p/sqft 2). Finding the Average $/sqft for each sold comp3). Comps Average $/sqft x my properties sqft = ARV estimate 4). Finding the targe...

I am representing a buyer-client who has a quad under contract. The bank is having trouble justifying the value of the property because of lack of 'established marketability' and good comps in its rural location.We se...

I have two identical, adjacent duplexes and am wanting to do a cash out refinance on one of them once I'm done with rehab. I don't know that there's enough equity in the other at the moment to be worthwhile. I'm consi...