I Love to answer questions about local properties, I pride myself in knowing whos got what, where, and for how much, in my area, and any other information that would give a seller, or a buyer their best possible chance at owning a little piece of that Apple Pie Dream we all have.

Not an Apples to Apples comparison, but gutters, whatever the price, buys you piece of mind if you plan to hold onto the property.

The thought of comparing real estate to a stock portfolio is apples and oranges, in RE that "equity" is preceived to be higher but in reality it's at your cost less depreciation and the only way to get money out of the walls is to refinance it or sell it.

Peter, as others stated, an NOO loan will likely be higher than the figures you quoted, plus, in order for investors to compare apples to apples, we use the entire purchase price and assume the loan would be taken out for that amount.

What are my assets worth if my customers cant pay rent or buy my apples or ect.?

Apple, IBM, Yahoo, Cap one, etc.

Now an athlete may do this when he is retired, but that is only because they can no longer make any money competing in the sport.This comparison may not be precisely apples to apples, but I think it gets to my point.

What I (often) see missing is how we compare properties on an apples-to-apples basis - i.e., by PRICE PER SQUARE FOOT.You need to know the $/SqFt for all recent sold comps (houses of similar type in close proximity) to help to determine the potential value of a subject property.

Then in my orchard I literally make nothing there per hour because Im trimming and planting apple trees how much does a landscaper cost?

One bad apple but we worked it out.