Does BiggerPockets have any sacred cows that you disagree with?

[Logan Allec]

Apart from a handful of books, just about all of my little real estate knowledge comes from BP.  So I'm naturally curious if there is anything that is thrown around on BP like gospel or common knowledge that may not be so surefire in the real world.

[Jay Hinrichs]

@Logan Allec  that's a very good question

my answer is many of the metric's folks use to decide what a good deal is and what is not, are very regionalized... whats a great metric in one market may not even be remotely possible in another.

perfect example is the west coast buy and hold investor pulling their hair out trying to find a 2% deal.. and realizing they either don't exist or are so rare that you would be super lucky to find one.

And those in other markets were the 2% rule props are on every block literally and they won't buy them unless they are at least that or much higher in some instances.

So this puts investors in a paralysis mode not being able to buy ...

So with all these different methods and schemes many are only appropriate for a given market and price point.. get to know your target markets realities and then work within them.