Welcome to BP @Cindy Margheim If you haven't found it yet be sure to check out the Ultimate Free Beginners Guide

I ask because that is a topic that as a beginner I understand will be the key to my real estate business which is getting leads from motivated sellers.

Welcome to BP @Iesha Russell A good lace to start is here Ultimate Free Beginners Guide

If you haven't yet, be sure to check out the The Ultimate Beginner's Guide to Real Estate Investing and The BiggerPockets Podcast.

My .02$As a experienced wholesaler, Im not sure your concerns are necessary.To ThomasThere are other expenses like marketing,buying leads, my phone, paper, ink, internet service, etc. etc. but all these things are just tallied up as cost of doing business.I use the same formula as above but sometimes I use .65 depending on the motivation level of the seller.Taxes are pro rated at closing, I dont buy any insurance (why would you?)

The info below will help you organize starting out.Check out the Start Here page http://www.biggerpockets.com/starthereCheck out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Check out the free BiggerPockets Podcast - A weekly podcast with interviews and a ton of great advice.

My biggest concern is what a first year agent can truly make.I know my ability and drive, but what I don't know is what the average income is for a new agent.

Great time to start building the legacy.Check out the Start Here page http://www.biggerpockets.com/starthereCheck out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.Locate and attend 3 different local REIA club meetings great place to meet people gather resources and info.

I have read through the BP beginners guide, 10-15 articles on BP, listened to a few podcasts, read some blog posts, and read a bunch of BP forum posts.

Check out the Start Here page http://www.biggerpockets.com/starthere Check out BiggerPockets Ultimate Beginner's Guide - A fantastic free book that walks through many of the key topics of real estate investing.