Many of us rode that wave, using cheap financing to expand portfolios.

.- Take all the cheap prints off the walls. 

Our annual pass is stupid cheap for what we offer.I will say that while we do have a whole lot of sub2 investors that attend these groups, we don't put an emphasis on that strategy.

In order to harness as much of the effects that add to your net worth you want to buy as many assets as you can, and as much quality as you can afford.It is very tempting to go into cheap neighborhoods, but especially with the old housing stock we have in the Midwest capex will exceed cash flow over time and you are not building equity.Consider your first deal a proof of concept.

Cheap is expensive in the trades.  

How do you manage cost, unexpected surprises and keep the project on time. 10% to manage a rehab is actually pretty cheap, I suspect you have never done that yourself, otherwise you'd know how much work that is.

If they’re doing it for dirt cheap and gave great service, I’m a lot more likely to give them a “bonus” than if they charged me full rate and took a long time to get to the worksite.I don’t think there’s a hard and fast rule on anything, but if you want them to treat you well, you need to treat them well (pay when asked, provide meals for him/her and their crew, be flexible when you can, pay extra, etc.).   

Note good does not necessarily mean cheap   Look at helix hospitality.Amazon sells mattress and box spring wraps that prevent bed bugs getting into the mattress/box spring.  

Generally places with high cash flow on paper are cheap homes in not so great areas where you have higher turnover, damages and real cash flow is lower.

I like the Share Group for skip tracing, its not cheap, but great data is worth gold.