Thoughts on an Idea

[Jarred S.]

While saving money and learning along the way I thought it would be a good way to make a small income through real estate. I would like to build a seller/buyer list for down the road wholesaling and other reo. I am not sure if anyone has done this but was hoping to get some type of feedback.

I want to match tenants with landlords/investors who are looking to fill apartments and homes. I would meet investors through advertising and local REI meetings and market my own signs and other advertising methods to find proper tenants, along with the proper screenings and credit checks. The service would be free to the potential tenants and a percentage of a year's rent to the landlord.

My hopes are that the work I will put in and the quality of the tenant I find will compensate the payoff for the investor. However, I do have a few concerns. Do you need a real estate license to do this? I plan on getting my license in the upcoming months but want to get started a.s.a.p. if I can. Do you think there would be a sizeable market to do this?

My goal is simply to get out and meet investors and practice marketing strategies and get a foot in the door to the real estate game. I believe this would help greatly down the road in wholesaling and property management skills.

Any response would be greatly appreciated.