I love a good ol' fashion success story.

Also we will be launching a video podcast of our own on youtube called the Old Fashioned Real Estate show where in we drink Old Fashioneds and talk about investment real estate. 

I hope you write, blog, or present in some fashion!

@Ryan PozziI have a tendency to oversimplify everything.

Maybe the old fashioned way would work better for our situation. 

I’ve had the same triplex for almost 4 years (gifted from my dad AND no mortgage) and I had no clue as to what to do to grow my portfolio (besides saving the old fashioned way) until I found BP a couple months ago.

My AC had the tendency to freeze up every year (until I figured out the cause, me not the repair guy) so I have had to manage that from a distance for the first two years.There are currently tenants in 3 of the 4 units of property I'm wanting to purchase.

I dont buy 4, 5 or 6% old fashion returns as the numbers do not consider the risk we are getting into, which is to have longer vacancy and bigger rotation.  

I feel no obligation whatsoever to provide housing to strangers who will quite likely act in a similar or worse fashion.

I believe 5% is arbitrary or part of their much larger context regarding diversification, as I frequently see figures like 5%-10% used when discussing the maximum amount of your portfolio that should be invested in any one stock, sector, asset, asset class, etc.Another thing to realize as well is that followers of Dave Ramsey and followers of BP seemingly approach saving and investing in very different fashions but both can work and provide growth and financial stability based on the the person and their situation.It's up to us to determine which school of thought, or combination of the two (or the countless others, for that matter) is the best fit for ourselves.