Real estate tips and tricks from Armando Montelongo
Special Report: Keys to Real Estate Comps for Investors
One of the single largest sources of “paralysis by analysis” in new real estate investors is the bottom line: How much to pay for properties.
Without a system, you can spend way too much time making a decision – and often miss great deals. Offer too little and you’re not likely to make many deals. Pay too much and you can slice your profits to the bone.
But if you have the right training, the right contacts and the right mindset, you can move beyond the first step and get on your way to a profitable career as a real estate investor.
Our system of setting a price by evaluating comparable properties – “comps” to insiders – was developed by working with real estate investment mentors with multi-million dollar success.
Click below to get our special report on comps. We’ll get you started with guidelines for looking at comps and using them figure out what a property will be worth when you put it on the market:
Keys to Real Estate Comps for Investors
After you download and read the report, share your thoughts in a comment below.
Will this help you evaluate investment properties more effectively? What is your experience with comps? What do you feel you are missing to succeed in today’s changing real estate market?
You are part of the solution in turning this economy around, and your success in real estate investing depends on your answers to these questions and any other unanswered questions you may have.
Great report, Armando! I think it’s valuable to remind folks that the comps are there for us and are cold hard facts. I see too many people deliberately ignoring lower comps or not using all of our criteria to justify paying more for a property or in attempt to get higher financing. If we don’t pay attention to the proven system and we stretch the comps, we only end up hurting ourselves and our bottom line at the end of the day.
Thanks, Jake.
Good report. Generally people like to ignore comps. I read so many articles about real estate tips, but not so many related to comps. Nice info for me.
Thank you for sharing this information with us. We have discovered as newbies at this that there is so much more to learn. We have come across so many properties in our area that are excellent prospects for flipping. Our Realtor has shared a great amount of info from his end. In our market, the banks are so bogged down with paperwork right now that closings are weeks to a month or so off schedule. Homes with the cash up front bids are even being delayed, and the sellers whether bank, short sales etc. are changing the criteria more then once on the offers coming in to jack the prices.
So the comps in the area are a bit crazy. Your guidelines have helped us tremendously to understand the whole picture.
Thank you again,
Terriann
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I have to say i been watching armando for many years on tv i even went to one of his events in my state
NJ. His team was so informative and explaned anything and everything to the point i was so intreaged.
For A person to share with others information thay would have never found in any book for the sake of
of helping dreams come true. I just waunt to say thanks to Armando and his family god bless you for
Frome one man in the state of nj. Sinncerly Domenic Corrado
Great info. Thank you so much.This will help me get off the ground.