I have no idea what your plans are, but if you plan to use a real estate agent for the sale you will have about $8,000 in commission and $1,000 in closing costs, so you would be sitting at $116,000 to cover your investment.  

You might start out as a bird dog at first and bring them some solid leads and take a small finders commission to build the relationship, and then ask to work with them on a deal you bring them to learn hands on. 

The property is a Short Sale.PP-$275KARV-$410K - $430K (most recent comp sold for $457K 2 weeks ago)Estimated Rehab Cost - 60K (unable to walk the property until the offer is accepted) Holding Cost - $1200 Per Month (6 month estimated hold)Buyers Closing Cost - 3%Seller Closing Cost - 3%Realtor Commission - 5%I am looking to get the loan from a private investor and will be looking for the loan to cover purchase, rehab and holding cost.  

G’Day Bigger Pockets.It’s not often that I post asking a question so here it goes…I really need your help today and any feedback is much appreciated.Feel free to critique or if you're nice compliment in anyway :)I’d love it if if you guys could check out my newest business venture “List’n Sell Realty”.We are looking at revolutionising the way standard real estate brokerages operate.Agents get 100% commissions on every sale and we offer a “first of its kind” in the nation referral program.Yes, there are other similar concepts out there and by the way most of those new brokerages are the fastest growing in the country as per the recent Inc 5000 list.I can comfortably tell you right now, that we will Trump (Not Donald Trump) them with our online platform and app that we are developing.Anyway, I want everything we do to be a compete virtual experience for all involved parties with our backend code word being “The One Click Broker”.What do you think?

In Florida you need a broker's license to be a property manager and collect rent and commissions.

Check the legal jargon, and go with the best reviewee, and most streamlined commissioned brokerage.

Back to the hypothetical 10 acres, if you want to create 20 lots on 10 acres that's zoned for one house per acre, then you likely have to go through the application phase with the county, planning department approval, public hearing, and town/county commission approval for the rezoning that differs from the Master Land Use Plan.

Not to mention the money you'll save and make in commissions!

Agents have to work their butts off, for a lousy 3% commission, and they have to pay for almost everything involving them being an agent out of their own pocket. 

I'm on a fact finding mission to determine the best way to start a new company for short term rentals and trying to determine the best practices to do so.What is known thus far:- I have to have a RE license in order to manage properties for third parties when accepting commissions for bookings.