On BP's show 176 "How to close 110+ deals in 18 months with Tom Krol", the topic focused on the different types of list that could help generate leads.

The challenge there is that accumulating enough properties to generate cash flow on par with a solid middle-class income (especially in a metropolitan area) requires deploying a substantial amount of capital to acquire the properties, and achieving attractive returns requires careful selection of the properties (to buy below market value), attractive financing, and likely some amount of rehab work along the way -- all of which require a degree of expertise to do successfully, as evidenced by BP itself.If someone is unwilling or uninterested in really digging in to understand REI, they could of course still own rental properties through a turnkey provider or a REIT, but in both cases are giving up some of the upside potential that rewards the patient and diligent.To be clear, I think REI is a great choice for building wealth and Real Estate in some form should absolutely be part of almost everyone's portfolio.

Also keep in mind a property will appreciate the same amount whether it is 100% equity or 100% leveraged.Investors need to understand first that cash must earn it's keep and second that every income property has two distinct and separate income generating streams.

Due to good deals closing within a couple of days of hitting the market, how do you generate hard money quick enough to put in an offer?

If you're buying the mobile homes and land on a package, it's best to add up the income minus expenses to get the net operating income (NOI) based on what the properties are generating now (not potential income).

Hello BP,I was wondering if i could write off all business expenses on my personal taxes since my business hasn't generated any revenue this year?

I am not savvy on finding ways to generate capitol besides finding partners.

It is important that investors understand how a income property actually generates the income.Equity in a income property must be treated as a separate income generating stream on the property and there for draws income away from the property itself. 

If you don't have any capital and do not generate any from $10M in property, then you might be better off focusing on improving margins rather than expanding.

From their work, you could go to Excel and run your VBA, or just have your programmer generate the report in Excel format for you.If you have the programming done, do the post processing in Excel, it's just easier to make that happen using VBA or some sorting.Good Luck!