Joe O I read the forbes article and it is good to hear some optimistic statistics. "...When adjusted for inflation and compared to the market’s pre-bubble 1998 performance, Las Vegas home prices are — despite double-digit percent gains over the past year — still 20% below their pre-bubble healthy market norm....."

That seems to be targeted to homeowners who can't get traditional mortgages, whereas hard money is targeted to investors for either fix-and-flip or fix-and-refi.However, if you try to use this like hard money and pay it off in a year, it will cost you 28-34%(includes their 20-25% markup in re-selling the property to you, plus the 8%-9% note rate), whereas you can probably get a comparable amount of hard money for half that (inclusive of points).And chances are good that a HML will loan more, including a good portion of the the necessary rehab, than this comany.For an investor, this makes no sense.

The price points are just too high compared to rents.

However, their public website, wakegov.com, actually is very helpful as you can look up a property and hit the sales tab and see actual neighborhood sales in date order in a very nice format, year built, sqft, very easy to compare, although not as up-to-date as MLS as it seems to take a few months after sale for it to show there.

Out of the four properties I have been trying to pull comps on I only have one owner that is willing to give me a dollar amount the other three "have prices in mind but want to see what I'll offer"At this point I am thinking about just thanking them for their time apologizing and explaining I can't find any comparable prices in the area.

If we could build a program like that for RE investors. . .Belinda: I don't one think one should compare success rates of REI courses/programs with that of degree or trade certificate programs.

I always compare homes with similar above grade square footage and then make adjustments for basement after the above grade is figured out.

Agents Commission, Closing Costs, Sellers Concessions, Price Reductions, Vacant Holding Costs, Clean up to Sell, not to Rent, Repairs to Sell, not to Rent.Then comparing that with Lease to Own, they can rent out for PITI (if rent is less than PITI, then add an option payment monthly.)Hope this list helps your Lease To Own Business!

Is that not significant amount compared to (I'm assuming) buy and hold cash flows?

Here you can build an empire from nothing, compared to other countries that have an overall higher tax rate and living expenses is higher is more difficult.