Show notes
In today's Wholesale Hotline (Astroflipping Edition), Jamil is back with his annual comp update. Jamil introduces a refined nine-step process for comping properties accurately, with adjustments for changes in market trends and conditions.
Show notes -- in this episode we'll cover:
- Importance of Recent Comps: Emphasizes using comps no older than 6 months and adjusting values when necessary to reflect market fluctuations and avoid outdated valuations.
- Staying Within Subdivisions: Advises against crossing major roads when pulling comps to maintain accuracy, as different subdivisions can have varying values and characteristics.
- Adjustments Based on Features and Market Context: Details how to account for lot size, zoning, property type, climate considerations, and specific market conditions like buyer sentiment shifts.
- ARV Calculation Strategy: Demonstrates finalizing ARV by considering all adjustments and factors, ensuring accurate property valuations for wholesaling and investing decisions.
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☎️ Welcome to Wholesale Hotline & Astro Flipping breakout🚀👨🚀🚀👨🚀! ☎️
Jamil has been in real estate since 2002, since then he mastered the art of Wholesaling Real Estate. He successfully built KeyGlee, which is now a National Franchise with over 100+ employees, spanning 180 US markets.
Jamil also runs a mentorship called Astro Flipping where he mentors and educates hundreds of entrepreneurs on how they can be successful in their own Wholesaling business.
He is also the host/star of his own TV show on a nationwide television network, A&E. Triple Digit Flip showcases Jamil, his sister Rahima, best friend Pace, and their real estate agent Laura wholesaling and flipping houses all over Arizona.
Jamil is also the co-host of the fastest growing podcast on Wholesale Real estate called “Wholesale Hotline.” Additionally, he started his own podcast called “To the Moon” where he highlights student success. Above all things listed about Jamil, his mission in life is to impact as many lives as possible, and share the knowledge he has with those that have a desire to learn.
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🧑🚀 Tune in to Wholesale Hotline live on my YouTube every Monday 5pm MST
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