And this year, my Administration will begin to partner with 20 of the hardest-hit towns in America to get these communities back on their feet.

My approach has been and will continue to be a buy and hold strategy spanning core and value added investment approaches.I found BP through Brandon's website Real Estate In Your Twenties (great site Brandon), which I visited while searching for REI book reviews.I'm looking forward to contributing to the community and tapping the wealth of knowledge offered up on the site.Paul

This seems like a great community and I am happy to finally be a part of it.

Being so new I would the more experienced opinion of the wiser BiggerPockets community.

Being so new I would the more experienced opinion of the wiser BiggerPockets community.Here is my dilemma:I live in Northern California where house prices have hardly dropped and my community has currently 1 house below the $400,000 price.We are near a University and the rental market is always busy.I'm currently looking at two houses.A Duplex that rents for a total 1700 / monthA Fourplex with rents that total 3950 /monthThe duplex, I'm thinking of offering 215k bank wants minimum 235kFourplex I was thinking of offering 400k Banks wants 465kAt these prices my calculations don't seem to cover the 50% rule.I'm doing FHA or Conventional with only %5 down.Doing my calculations, at the prices they are asking I don't even get a Cap Rate of 6% or the 1% rule.What do you guys think?

I will post my property deal details soon as I feel I should share it with this community.

I firmly believe the people that get the most out of BP are those who interact in the community.

Well established communities are enjoying notable gains in value.

I've been working on getting a contract on a vacant parcel to build a spec on and randomly the bank ( BOA ) decided to pull the property and put it into their community initiative program.

Hello Bigger Pockets Community.