This data is most accurately assessed through the Multiple Listing Service.

Can the property investor who has been keeping all their data on the system gain access to the data after the closure?

While you'd obviously like the property to go up in value, if it actually does shoot up there will be no way for you to take advantage of that fact until your long-term lease expires.

From there the skys the limit.But you won't get to that point until you start flipping some paper contracts, and or houses to build up the invaluable experience necessary to know hot it all works.

Are you claiming to have better data than those guys buddy?!

Yes, the market can change, and factoring in any significant market changes in the applicable time period would be a good idea, but recent past data is the best insight into future performance.

You could use this formula to determine what price you should use to counteroffer (if necessary):BPO = CMV - BHS Fees - Profit BPO = Best Possible OfferBHS Fees: Buy/Hold/Sell Fees Profit = How much you want to make...To determine CMV, seek out comparable sales data from the previous 6 months for similar properties within a 1/2 to 1 mile radius of the subject property.Regards,Scott Miller

It seems there are only good things, you have access to sales data, you learn a lot through the courses, and if you can hook up with a broker you can even capture commissions on certain deals such as working wtih REOs, etc.Someone suggested having my wife become the realtor instead of me, since I will be the primary investor.

I have no data to back up my opinion), I'll bet you would find that many who have made their fortunes in RE made it from appreciation, not cash flow.I'd love to hear thoughts on this and hopefully I qualified my comments enough to indicate that I don't believe on betting strictly on appreciation, especially if you can't support the property that you are buying with your reserves.

I could make further arguments about the disparity in value creation, real estate as an effective inflation hedge and the differences between a hard asset and a paper one or the differences in violitiliy and speculation.