.... one more book I wanted to mention that's not offered here on BP is the book "The Millionaire Real Estate Investor", by Gary Keller.  

Gary E.

@Gary LalloI think there are pros and cons to all sides.  

Hey @Gary Erdoglyan- head to www.biggerpockets.com/nomoneydown/ultimate and it should be in there!

As a newbie/student, of the whole REI thing my self, I would recommend the Millionaire Real Estate Investor, by Gary Keller.

@Gary ParkerI had trouble figuring it out (and still do) when I was a one-man show.

It seems apparent to me that actually using it to pay down debt is counter productive, until you're ready to refinance if that's your objective.It makes more sense to me to save the cash flow (true cash flow, not vacancy/maint expense savings) in a stockpile to use it when an opportunity comes along, whether that looks like a new property or an opportunity to improve either financially or physically the existing state of a income producing property.The opportunity cost of something else coming a long is probably what I'm skirting around, but in my mind it makes sense to bring in a respect for time and opportunity to the equation.I also feel like something I extrapolated from Gary Keller's Millionaire Real Estate Investor is worth sharing for anyone reading for nuggets.  

The One thing- Gary KellerIt really helped me focus on what I needed to do each day to help me reach my goal. 

yes, we just attended Tarek and Christina's free seminar, their $2000 3-day weekend workshop in Ft Myers with "Fryman" and the next level a $10k 3-day boot camp with Gary Russel last weekend.At each stage, you get nuggets of gold (info, details, how-tos, tips) but you have to sit through a lot of "rah-rah" nonsense.  

Originally posted by @Gary Ennis:@Colin Kostka welcome to BP!