It's comparing apples to oranges.

Buffet owns railroads, reality companies, insurance companies, Dairy Queen, Fruit of the Loom, jewelry companies, construction companies, major shares in Apple and the list goes on.

Here in Indy, if someone is giving you feedback based on a property 5 blocks away, they very likely are giving you an apples to oranges comparison.Another thing to consider is that you may be getting conservative feedback.

@Ben Morris : I use OKUPIED, which is available on Apple Store.

If quality is apples to apples, price is probably not that far apart. 

Bottom line is bottom line, but time is of value and in order to compare apples to apples, using an annualized calculation approach to return is important.

I predict many more lenders and organizations will fall in line like dominoes by the end of 2010.Just make sure you follow the guidelines please as we don't need a few rotten apples to spoil the bunch.BREAKING NEWS!!

@Keith Morris @Pete Nater Is there still a Big Apple REIA?

@Richard C. your car analogy is apples to oranges.

hey all,I'm brand new to the real estate game and im entering as a wholesaler thanks to biggerpockets. 2 months ago one of my oldest friends introduced to me this website and im pretty sure its changed my life. 2 months of reading the posts and listening to the podcasts I have been inspired. 2 weeks ago I got some busines cards, car magnets and pens with my phone number with a simple message "we buy houses".