Tommy Dobczyk finds a 1966 townhouse needing full rehab, but spots the real opportunity next door: luxury townhouses selling for about $250,000 each. That comparable tells him what the property could be worth.
Were you in the deal room today? The pictures, I click on that one. It says this one is a summary. It was built in 1966. It's a 0.74, so 3/4 acre with a 3-bed, 2-bath. And if we did a re— we'd have to do like a full rehab on it. But I don't look at stuff like that. I go, hold on, wait a minute, there's something better going on. Go to, go to number 2 picture right there. And it said here in, in this section that the comp is next door is the Luxury Townhouse development. And so I'm like, oh, okay, so we got a luxury townhouse development next door and those are going for probably 250,000 a piece.
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