Im trying to follow the philosophy of John Schaub " Building Wealth One House at a time"    I have put my own twist on it of course.As long as I can find deals where the rent support the debt service, i will continue with this plan

My philosophy has always been the profit you make is based on your purchase price.

Their philosophy is that they will buy, hold for 10 years and make a much better return that the stock market, or any other investment.For those who wrote posts saying they are waiting for the prices to come down.

My philosophy & experience: If below or mid-market rent is your goal, let the tenants buy their own appliances (other than stove/oven).

I don't know the details about your 'problem tenant', but sometimes it is the landlords fault when the tenants allow the landlord to make the problems a 'personal conflict' meaning maybe you need to re-assess the situation and remove the 'personal' thoughts and re-assess the situation from only the philosophies that apply to running your business within the laws that apply to real estate.

Hey @David Gubb, the best thing you can do is talk to these groups and learn more about them, their philosophy, and the deals they're doing.

I also believe in David Greene's philosophy of buying in nicer areas and not downtrodden cities in the Midwest like Warren or Detroit now.

That could be in increased net value or cash flow or a combination of both.The point is, if you understand what you are trying to achieve numerically then there are different ways to go about it.One guiding point I have for you is my philosophy regarding property investing.

More Rich Dad poor Dad philosophy than Dave Ramsey but paying off 2% car loans & 6% student loans doesn’t make much sense when earning in the mid teens or over 50% annually with mine.

His philosophy with section 8 landlording is if something is not required in a section 8 inspection, then remove it from the property.