Michael Quarles, have you changed your philosophies on any of these points?

It also would depend on your philosophy.

That's what brought be to BP in the first place.As I big proponent of the learn by doing philosophy (it was literally the motto of my university), I'm ready to jump in, just not sure where to jump.I'm looking forward to joining the community.

My blog is all about my experience, model and philosophy.

If you follow the rich dad philosophy you don't create negative cash flow until your assets provide enough positive cash flow to pay for the expenses.

I have a similar investing philosophy of less cash flow for a easier rental experience, and so far, it's been successful. 

If the office and staff are fine tuned, organized, and up beat, that philosophy will typically flow towards their clients and customers also.      

I started with the same  Dave Ramsey philosophy...which has developed into a hybrid since ;)  Obviously it's all about the numbers so be careful and evaluate the property with professionals who know the rental market! 

But this experience would be a reality of the challenges that can come with investing and the first of many experiences which would shape Auben’s philosophy of specialization and a team-approach to oversight and accountability.

Beware of these gurus and also their ground-breaking ways of making money in real estate: it is just old real estate philosophy repackaged in a new box!