@John Warren I don't think i have ever witnessed balanced conditions either, maybe just cyclical nature of r.e. or something else, but the trend line for appreciation just keeps up with inflation outside of the big, multi year market swings

Quick question for the forum: Does anyone use the Bureau of Labor Statistic's CPI Inflation Calculator when assessing the value of a potential investment?

Matthew McNeil the recast will just keep pace with inflation.

In my eternal optimism, I'm hoping he was inflating that commission as leverage to use for negotiation with the buyer.

I feel that the market here is inflated and that has definitely swayed me away from investing here. 

Overall, I think your cost estimates and life span estimates are good, as your estimates probably will compensate for some inflation in prices over next 5-10 years.

In other words, they're worth $60k/ea, but you want to inflate the prices of the first two and buy the third one for a dollar?

A $100,000 invested in 1979 across those markets, when adjusted for inflation are worth 198k in Denver, 77k in Wichita, and 72k in Augusta.

He also said we could rent the basement of the property but due to local laws we are not allowed and he also inflated the cashflow to $2,000$ a month (based on basement rental included).

The government is artificially inflating the cost of homes in an already inflated market.