- Advertising - Allow users to submit their own properties on your site for a small fee - offer property management services - offer rental/letting services... lots of different ways to make money with a real estate business
If you're new, flipping houses.. Find motivated sellers who want to sell their home... Get the house contracted with a purchase and sell contract... ...Then find a buyer who will buy the house for a few grand over the sale price... It's gotten tougher to do this but it still works and don't try to say this is a scam or it doesn't work because I've done it... Not speaking from other people's experiences... You can also buy bank owned properties and fix em up and sell em but you have to be experienced to do this because the bank could end up keeping your deposit...
Venturing into the world of real estate can be a rewarding career option if you only have the skill and mind-set to become successful. Real estate industry requires you to be keen in time management, have self-discipline, to acquire more knowledge, and to pay attention to details. Patience also serves as a critical asset of this industry.
I have two condos. One is already being rented out and another will be finished by 2014 so I have two units earning by then. I still believe renting it out is far more profitable than flipping it and I could leverage these two units to buy more condos and my dream is to eventually have around 40 units so I can retire from work.
For real state business you need good property. then you have to take a look to marketing and attractive offer.
There are two aspects of real estate. You can become a REALTOR in the US and help others buy and sell real estate. Or you can invest in real estate. With the current foreclosure crisis property prices have dropped dramatically. If you buy property for rent, you can rent it out and make enough to pay your loan each month. There are also tax advantages since you can depreciate the value of the property. If you decide to become a REALTOR, you will, usually depending on the state that you live in, need so many hours of study. You can usually satisfy those requirements with an on-line course. Once you pass the test you will need to find a broker to work with. You will also need to become a REALTOR. Dues and other expenses can range as high as $3,000 per year. You only make money when property you have listed or a buyer who you represent actually sells/buys property. Your total commission will be as around 6%, but the broker keeps around half of that. If you are buying and selling your own property, you need a bit of cash and good credit. Banks are reluctant to make loans with the current uncertain real estate market.
The regular income from real estate can come in many ways like raw land income, residential property income and commercial property income. Real estate is a very productive business as land is getting costlier with each year.
ROFL, somehow I doubt that they're giving out green cards to prospective realtors or you could * be a property manager * be a property maintenance guy * run a company producing the real estate signs that get put outside houses or do you just want to work online? What experience do you have of real estate in India? Or are you looking to do what you do in another country?
The business of real estate is very booming in the market and also there are many people who are interested in it.There are many real estate companies or agencies available in the market and it is one of the most profitable kind of business where we can earn more in short period of time.
You can buy an apartment complex and rent out all the rooms, and that would be cash flow. You can take more of a real estate agent approach, with finding a buyer for a selling property, to gain for commission.
With the amount of money that people risk when they invest you'd be stupid to get into it without knowing "what you are doing" regardless of the location or the stage in the property cycle