I have looked at Argus and it cost thousands and thousands of dollars.I found it to be too cumbersome.For me I would use a system for my own buying as well as creating reports.Argus is best utilized for buying big properties where you have a bunch of analysts crunching the numbers for a huge acquisition.I can do the spreadsheet thing but I spend a lot of time on the phone with clients and wanted to automate as much as possible in sending out information.I find the level of investor sophistication varies as well.Some want to look at a bunch of numbers and others just want basic info.Thanks for the replies.

If a seller is not represented and it's between the two of you, you might get with the seller (depending on how sophisticated they are) and ensure what you have agreed to will actually fly.

My agent gets the more sophisticated set.

Sounds like the consensus from the investor crowd is that agents should facilitate transactions and get out of the way....What about the regular Joe who isn't sophisticated?

Sellers are often not sophisticated enough to understand the time value of money though and I dislike schemes related to creative financing in these instances.

I have found the first time buyers and agents aren't as sophisticated.

There are also other, more sophisticated strategies that you can consider such as charitable trusts, but you generally lose control over the funds/assets.

Being as a real estate investor does not mean you have to trade your current job/career for a low wage, manual labor job where you are on-call 24/7 365 days a year.Throughout history the biggest profits are in owning the means of production, not in being part of the production machinery.

Of course, Kelleher was sophisticated enough to know that's not true.

(case in point: the brownie eating cop & his wife 911 call) It scares the hell out of me to think these people are going to be operating machinery like a car or a SEMI.What gets me the most is all the money that has been SPENT with tax dollars telling people POT=BAD, now since they have discovered it has a taxable value, its all A-OK.