What do you need to have a profitable company dealing in Real Estates ?
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A person becomes a real estate agent by attending a certain number of hours of training, passing a state test and obtaining a license to engage in real estate sales from the state where they will work.
If you are talking about running a real estate brokerage company- you need to get enough fees or commission splits to pay for the expenses you are agreeing to pay on behalf of the agents plus some profit. This means you will charge the agents some monthly fee or split of each commission or both or something else. You will provide some benefit to them. If you are talking about a company that owns real estate. You just buy smart so that your monthly payments are low enough so that all the rents added together are more than all the monthly payments plus taxes and fees and any other costs you have. You also need to figure out a large enough profit that you can cover the costs even with normal vacancy.
A real estate portfolio can generate a positive cash flow and a return on investment. Its a great way to leverage a large asset for a relatively small down payment. An example of leveraging is when you purchase a $200,000 home with 20% down payment or $40,000. If the home appreciates 5% over the year or $10,000 that would translate into 25% return on your initial investment of $40,000. On top of this 25% return on investment you have equity buildup as the mortgage is payed down over the year plus positive cash flow from the rent. If you use a joint Venture partner for the $40,000 down payment you could go into this transaction with nothing down for a portion of the return. You put the deal together the investor put in the down-payment. Finding the right property to invest in is another topic.
