Click the tab and find the tab for house values and comps. there you will find several web sites to research the value of this property.

I was just wondering if anyone has ever purchased " rei web tools"?

BTW: what a great web site!

Sawbuck.com is a web-based brokerage in the Northeast.

I have also had wonderful success with the local newspapers and an easy to remember and use web address directly to the house they are looking for might make it easier for them to see the property immediately.

So, unless the original and reasonable wholesale fee was split between the two middle parties, the buyer often finds out that the deal is no longer a deal only beacause too much is being asked in the middle.You have to ask yourself the simple question, why would these wholesalers have such difficulty selling their deals and why are they not selling after being posted on the web?

Actually creating the LLC on the secretary of state's web site is trivial.

Too close to the "evil" gambling and the threat of increased crime (whether true or not, the perception will detract) and any casino workers that want to buy to be close to work will be lower income people, so at best they will maintain market level (but based on my friend's income level, I think they will be a step down).What are BP's thoughts on the situation?

He has been through about 4 cycles he said and he said each time for commercial multifamily was the leading drive on the rebound.If you look at cycles they all have similarities and some differences.Recognizing these patterns leads to the best portfolio and the best returns versus risk.What Rich said holds true in that you avoid the herd mentality.People that do not invest prudently do good with some properties and then the others bring them down to a negative to flat position for years before you can recover.Some of these syndicated pools of investors look at the big project as a smaller risk.That is fine if the gamble is made based on the funds entered is only a small percentage of their total worth.Example if the have 2 million liquid and want to spend 100k for an interest in a property that could throw off very high returns than they are still safe versus their overall portfolio.I can tell you that buyers think "I am buying so low there is NO WAY I can lose on this!".

If you want to gamble try sports betting.