And does anyone know a good book or magazine article where I can read about Sam Zell?

sounds like you are expounding on this    http://www.ccim.com/cire-magazine/articles/323227/2013/09/cap-rate-calculations-todayReasonable when market caps (sales) are not available but not a good substitute when they are.

For investors who are employed full time in addition to investing: When New Yorkers, Californians, Bostonians, (insert other expensive metros here) do deals in low cost markets, we get a tremendous feedback effect from high dollar amount we are easily able to put into the low cost market.

@Santiago Araujo - I'm a New Yorker who relocated to LA and that's how I began my real estate, thus leading to the birth of BP.  

Welcome Roland,I am brand new to the NOVA area and just read this morning that Money Magazine voted Reston as one of the best cities to live in. 

Never hurts to get a box full of Architectural Digest and other such magazines.

Just got my personal RE investor magazine yesterday which highlights Tacoma as a great REI city.

The ugly stepchild of Dodd Frank has no limits, according to a recent article posted by MPA Magazine.

The CFPB takes the regulation of the mortgage industry another top priority.CFPB Director Richard Corday, in an interview published in an issue of HousingWire Magazine, cautioned mortgage servicers saying, “There have been a lot of problems in that industry.

This leads to my question: Do you have any recommendations for must-read magazines/publications/journals that are essential to your real estate investing career?