How to Comp Real Estate Part 1 - Basics

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  • Опубликовано: 22 ноя 2024

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  • @gloriagrotjan5086
    @gloriagrotjan5086 Год назад +6

    Thanks for the recording wasnt able to make it today! Love the prayer at the beginning! 🙏❤

  • @jimcarmichael2395
    @jimcarmichael2395 Год назад +6

    Thank you Jamil for your verbal commitment to our Lord starting with prayer. Thank you for serving your viewers with your abundance of knowledge over many years and videos. You have saved me many $$$ with your advice. San Diego investor

  • @SpencerDean14
    @SpencerDean14 Год назад +3

    I'm in Subto, but love what you do and the model. Thanks for all the value Jamil

  • @AmberSmith-x2x
    @AmberSmith-x2x 11 месяцев назад +1

    Thank you Jamil! I just watched this after realizing that comping is a skill I need to learn as a 🐊. This was great!

    • @jamildamji
      @jamildamji  11 месяцев назад

      Glad it was helpful!

  • @oluseyiikhizamah7291
    @oluseyiikhizamah7291 10 месяцев назад

    Fantastic lesson Jamil. I learned a lot tonight especially terms like full gut, cosmetics, percentages, ARV, Comps in relation to traffic,sq footage, lot size, build generation etc.

    • @jamildamji
      @jamildamji  10 месяцев назад

      Glad it was helpful! Thank you for watching!

  • @maricarangeles6602
    @maricarangeles6602 10 месяцев назад

    Thank you so much Jamil & everyone for this training. Appreciate it a lot!

  • @DanKohan
    @DanKohan Год назад +3

    Sometimes sales go down, but prices go up! Low-interest rates make houses more valuable too. Very nice video!

  • @jefrytavarez7814
    @jefrytavarez7814 Год назад +2

    Loved every second of it, watched it live yesterday and re-watched it today to take notes and make sure I fully undertood the concepts and practices. Thank y'all!

  • @mmcgartland2095
    @mmcgartland2095 Год назад +2

    Thanks for dealing Pennsylvania old houses.

  • @rochelleeasley40
    @rochelleeasley40 8 месяцев назад

    Love how you started with 🙏 that's awesome without him we are nothin may the Lord bless your business

    • @jamildamji
      @jamildamji  8 месяцев назад

      Thank you for your kind words and blessings. Starting with gratitude is indeed essential, and I appreciate your acknowledgment. May the Lord also bless and guide you in all your endeavors, Rochelle. 🙏🏾

  • @EmperiumRealty
    @EmperiumRealty Год назад +1

    Thank you for this, I just discovered you 1 month ago, and even I have done many deals before, I will definitely join astro flipping, I can't wait to keep developing and join the community.

  • @Ginger0G
    @Ginger0G Год назад +3

    Let’s gooooo!!! Comping SUCKS but I NEED to know it.

  • @Likababy
    @Likababy Год назад +2

    Amen! 👏🏾 thank you so much Jamil for yet another solid video!

  • @HeatherBHu
    @HeatherBHu 10 месяцев назад

    I love the prayer! God bless you!

    • @jamildamji
      @jamildamji  10 месяцев назад

      Thank you, Heather. Praying is very special to me as well. It's a wonderful way to connect and find strength. Thank you for your kind words, and may you also find comfort and blessings in your prayers.

  • @joanhaynes3797
    @joanhaynes3797 7 месяцев назад

    LOVE "ALL" YOU GUYS!....THANKS.

    • @jamildamji
      @jamildamji  7 месяцев назад

      Thank you for watching, Joan. ❤️🙏🏾

  • @AndwhyS
    @AndwhyS 6 месяцев назад

    I had trouble comping for the longest time. Thank you for all that you do! It was also amazing meeting you at the Summit!!

    • @jamildamji
      @jamildamji  6 месяцев назад

      YES! I'm so glad you've overcome comping. 🙏🏾

  • @pqrisxpearl
    @pqrisxpearl Год назад +2

    Lego bobby. Everything is awesome

  • @Joshing216
    @Joshing216 Год назад

    Thanks Jamil!

  • @stonejamie
    @stonejamie Год назад

    I'm in Gator. This is so valuable to see how viable the deal is.

  • @MrShawnengineer
    @MrShawnengineer Год назад +2

    Didn’t make the live but watching now :)

  • @matthew8661
    @matthew8661 Год назад

    i got 450 ish 446k for the one on 3108 using a super recent comp for 390 but had to adjust because it was 4 3 bed and bath 1412 sqft

  • @ToddieM
    @ToddieM Год назад +1

    I'm confused by something, that last property you did, you came up with an offer price of around 160,00, yet it had just sold for 75,000. How could you make money at the higher buy cost?

  • @michaelmoore-realestate
    @michaelmoore-realestate Год назад +2

    love the information just wished we used other resources besides just privvy to comp

    • @simplyb.8959
      @simplyb.8959 Год назад

      Me too!

    • @matthew8661
      @matthew8661 Год назад

      i use propwire and any third party site because propwire doesent have pictures its way better than zillow lol but not as good as privy

  • @Nick_A_Bacher
    @Nick_A_Bacher Год назад +2

    1:10:45 , 1:17:00 , 1:33:09

  • @juancruz6548
    @juancruz6548 Год назад +1

    absolutely right 👍

  • @AmberKaiser-k4x
    @AmberKaiser-k4x Месяц назад

    Jamil! I appreciate your content so much! Is there someone who could help me figure out these percentages for Mass and CT? Also, how was Raqi figuring out these percentages so I can figure it out on my own when the market changes to make accurate offers?!

    • @jamildamji
      @jamildamji  Месяц назад

      Hey Amber, thank you for watching! Essentially, he looks at local market trends, including recent sales, pending listings, and demand, to adjust his offers based on current conditions. By keeping an eye on those factors, you’ll be able to fine-tune your offers as the market changes. Reach out to me on IG and either Ann or I can connect you to someone in CT and MA.

  • @josephanguiano7893
    @josephanguiano7893 Год назад

    still watching it

  • @josezacariazjr4123
    @josezacariazjr4123 Год назад

    Thank you 🙏🏽

  • @dstorm2.02
    @dstorm2.02 Год назад

    Jamil are we still using the 70-75% rule with wholesale formula? This to discount after finding out what the ARV is and repair cost on the property. Just looking for feedback. I live in Staten Island NYC.

  • @cancer2361964
    @cancer2361964 Год назад

    how do you do work out assets in towns or cities. how do you work out the discount regarding the days on the market.

  • @Itsyounglin.
    @Itsyounglin. Год назад +2

    Can you make a video talking about comps using propstream

  • @debbieandscooter8804
    @debbieandscooter8804 Год назад

    Hi Jamil nice to see you today

  • @legendaryrscopridge
    @legendaryrscopridge Год назад

    Amen

  • @cancer2361964
    @cancer2361964 Год назад

    what is the sq ft when it comes to repairs in new york because i live in london. per square ft is £3000 per sq ft for full gut

  • @dstorm2.02
    @dstorm2.02 Год назад

    Jamil can you also pull listing from Privy like Prom stream get phone to call homeowners too?

  • @johnmacfarlane8866
    @johnmacfarlane8866 Год назад

    How do we get put on the list for future challenge videos?

  • @commiezombie2477
    @commiezombie2477 5 месяцев назад

    When were comping to buy from an agent, are we supposed to be selecting renovated properties or other distressed properties sold in last 6 months for our offer price? I assume its the distressed comps we want to add when trying to get an average? Or are we only compin for ARV??

    • @jamildamji
      @jamildamji  5 месяцев назад

      Distressed Properties: If you're looking to determine your offer price, you should use distressed properties sold in the last 6 months. These properties give you a realistic idea of what similar distressed homes are selling for and help you avoid overpaying.
      After Repair Value (ARV): For calculating the ARV, you should use renovated properties. These comps show what the property could be worth after all necessary repairs and improvements are made.

    • @commiezombie2477
      @commiezombie2477 5 месяцев назад

      @@jamildamji Been doing it totally ass backwards. Thanks J! 😂

  • @EtienneErrolJackson
    @EtienneErrolJackson Год назад

    Is there anyway to get a copy of that appraisal rules sheet?? 🙏🏽

  • @mmcgartland2095
    @mmcgartland2095 Год назад +1

    I invested in this software

  • @canteromedia
    @canteromedia Год назад +9

    Prayer 💯💯💯💯

  • @thematrix5115
    @thematrix5115 Год назад

    what system do you use to calculate monthly rent?

  • @ciprodriguez
    @ciprodriguez Год назад

    Squad UP!

  • @YashiraMcCray
    @YashiraMcCray Год назад

    Amen❤

  • @jeanrambo1037
    @jeanrambo1037 Год назад

    Where can I hire someone to accurately comp multi families?

  • @I_Am_Adrien
    @I_Am_Adrien 9 месяцев назад

    Jamil! Where can we get the pdfs!

  • @ciprodriguez
    @ciprodriguez Год назад

    Super Dope Content!

  • @toddmiller7653
    @toddmiller7653 Год назад

    My like was 111 !

  • @ORod.
    @ORod. Год назад

    How do we join?

  • @steveh1460
    @steveh1460 Год назад

    🙏

  • @Robsmith1218
    @Robsmith1218 Год назад

    ❤❤❤❤ Boom!!

  • @ppops70s
    @ppops70s Год назад

    What's the website address for previe

  • @markgrauer495
    @markgrauer495 Год назад

    ❤❤❤

  • @mmcgartland2095
    @mmcgartland2095 Год назад

  • @mmcgartland2095
    @mmcgartland2095 Год назад

    1 and half

  • @analuciamoreira7983
    @analuciamoreira7983 Год назад

    👍

  • @mmcgartland2095
    @mmcgartland2095 Год назад

    Omg, privy

  • @edwinnunez1953
    @edwinnunez1953 Год назад

    🔥🔥🔥

  • @analuciamoreira7983
    @analuciamoreira7983 Год назад

    Amém!! 🙏🙏

  • @ginamarciano8803
    @ginamarciano8803 Год назад

    2

  • @joanhaynes3797
    @joanhaynes3797 7 месяцев назад

    STOP BEING A DOO-DOO BIRD annnnnnddd GET PRIVY....IT IS AWESOME!

    • @jamildamji
      @jamildamji  7 месяцев назад

      Glad you see the value in Privy!

  • @stevemaynard7779
    @stevemaynard7779 Год назад

    1

  • @elizabethmoreno5960
    @elizabethmoreno5960 Год назад +1

    P

  • @mcanultymichelle
    @mcanultymichelle Год назад

    1111

  • @ChristieLewisRE
    @ChristieLewisRE 5 месяцев назад

    This was AMAZING!!!! Worth every minute, thank you so much!💯👏🏼🫶🏼🔥

    • @jamildamji
      @jamildamji  5 месяцев назад

      Thank you Christie, ! I'm thrilled to hear that you found it amazing and worth your time. Your feedback means a lot to me! 🙏🏾

  • @markgrauer495
    @markgrauer495 Год назад

    👍

  • @maricarangeles6602
    @maricarangeles6602 10 месяцев назад

    ❤❤❤❤

    • @jamildamji
      @jamildamji  10 месяцев назад

      Thank you for watching, Maricar. 🙏🏾

  • @jamesmayo2515
    @jamesmayo2515 Год назад

  • @debbieandscooter8804
    @debbieandscooter8804 Год назад

    1

  • @austin4435123
    @austin4435123 Год назад +1

    1

  • @chris87391
    @chris87391 6 месяцев назад

    1