What would you say is the difference this website makes?

[Jim K.]

I'm curious to know how many of you have noticed that same sort of thing in your area: in mine, there are three kinds of rental-property investors. The ones who read this website compulsively, the ones who have logged on once or twice, and the ones who have heard of it but never bothered to take a look.

Quite simply the Bigger Pockets people are running rings around the other two types of investors in my area. When you meet these people in real life, they have better, clearer business plans and they're far better prepared for what could come down the pike.

When you meet the others through local REIAs and other means, you see these huge gaps in their business plans, a lot of things about landlording they don't think about or have really never considered, a tendency to hang back and repeatedly refer to the one dog-earned book they've ever read on landlording that they refer to as their "bible," or some yellowed seminar handouts from a get-rich-quick guru from six-seven years ago, that sort of thing.

Have you noticed a similar phenomenon in your areas?

[Joe Splitrock]

I know investors with huge portfolios that have never even visited this site, so it is not necessarily the defining success factor. The key to success is action. This website is a great resource, but information without action will get you nothing.

I see new people find BP, get active for a while, then often move on to other things. BP is an amazing resource, but like any tool, only as good as the person using it.