That $20k therefore would have generated $10k more.

Do NOT take action until you have a solid plan.Do not go driving for dollars just because most people tell you to do so, and because you need to take action.If you really want to take action you do this.1) Do research on all the lead generation strategies you can think of and put them in an excel spreadsheet.2) Find out what the cost /deal is.3) Find out what the Cognitive cost/deal is4) Pick the right method based on point 2, and 3, that works for you.5) Save up money till you have they (monetary) Cost/deal x a factor of safety around 1.5 6) THEN spend money/effort getting deals.No matter what the heck you do, if you do not start with these 6 steps you ARE WINGING IT!!!

There is no perfect formula for generating leads.

I feel like there's a mix of both younger generation to capitalize on social media networking and older generation who still likes to receive cards.

@Jerryll NoordenSo what do you do to generate leads if your not buying a list?

In real estate, operations involves the details of ensuring that your properties are put to their highest and best use, and remain there, generating as much long-term cash-flow/appreciation as possible.

One of my songs is Soulja Boy Tell'em-Turn my swag on (For all the older generation, don't even ask lol) 2.

(which seems to be big with my generation) This wont happen in any of our lifetimes, so just figure out the best way to get it.

Basically, wholesaling is a good way generate immediate cash that can be hard to come by through other means of investing.

Often times, a financially depressed area can be a great place to own a property, provided the mortgage isn't to high to be covered by the rent.I am working with a developer in the Iron Range of Minnesota right now who buys properties and rents them out to a lot of people who are section 8.As far as looking for a new property to buy, it's good to think in terms of the the equity that you will be able to generate with that particular property over time.