Comps mean NOTHING in this new arena ! Nobody is interested in what somebody paid for it back in the "Salad Day's" of irrational exuberance ! THAT MEANS NOTHING TODAY.
Think 2.5-3.5X annual earnings MAX !
What is a house worth ?:
EXACTLY what somebody is willing to pay for it, and what they can get FINANCED for…THAT may be TWO SEPARATE things now
This lesson will come with a LOT OF PAIN FOR THE IGNORANT !
