your GROSS profit is 48kThen DEDUCT the option money you collected upfront... say 5k (could be 2k, could be 7k, could be ?)

Get your real estate license and it is even better because you collect assigment fees and Real estate commissions.

Your total cash flow collected over that time is $355,385.

Among the means at your disposal for collecting leads and growing your quick-turn real estate business is establishing a farm area where you do business on a regular basis.

You can sue and you will usually win, but collecting is an entirely different matter!

I'm exploring this path as a source of revenue and was wondering what your collective opinions are, as to the pros and cons of it, from a business stand point.Obviously, this will be a legit loan modification service.

Those aren't "expenses", but when applying the "50% rule", the rent used in the calculation is scheduled rent, not collected rent.

So obviously I'm not going to argue with data you looked up so we'll just have to agree to disagree on this one.

I'm not a licensed Realtor but as far as I know you should just refer the buyer to a Cali agent and collect a referral fee.

This is the question that is at the heart of the mess that lenders and realtors and mortgage brokers and appraisers have collectively created.