Real Estate Information

Luxury Real Estate Information


Rancho Palos Verdes, California Homes
Palos Verdes, California Homes
South Bay, California Homes
Luxury Mexican Beachfront Homes

Featured Properties


Oceanfront Estate Near Trump National

Related Information


Loan Information
Real Estate Information
Mortgage Refinance Information

What Can I Realistically Earn In A Lease Purchase Business?


If you're looking at Lease Purchasing as a business, you'll obviously want to earn much more than the $20,000 per year in our "How To Give Yourself A $20,000/Year Raise Without Asking Your Boss" article.

Let's review the numbers from that article:

For every 100 calls Sue makes on For Sale By Owner property, she either speaks with or leaves messages for about 60%. That's about 60 people she puts the concept of Lease Purchasing in front of.

Out of that 60, approximately 10 will develop into true prospects. From these 10, 2 or 3 will develop into property we are willing to take on. The others may become consultations or manual sales.

(Please keep in mind, these numbers will vary a bit depending upon your particular area and current market conditions).

Now let's condense these numbers for calls into a one month time frame.

What do you get?

The probability of two or three properties per month that you could do deals on. That equates to $10,000 to $15,000 per month.

But let's be more conservative. Let's say you do one deal per month for a $5,000 assignment fee (which is what we look for in a typical single family home). Now you're looking at an income of $60,000 per year ($5,000 multiplied by 12 months).

Right there, you've built a very good income. But now factor in the additional income stream from consultations you can do on property out of your area, and you can significantly add to that yearly total.

Keep in mind, we're only talking about one strategy here. Lease purchasing offers multiple strategies for doing business.

Bottom line, very conservatively, a realistic first year income for those working their business full time, is $50,000 to $75,000.

Your second year, as your referrals increase and you continue to grow your business, has the potential to see you well into six figures.

Now do you understand why we say Lease Purchasing is the best business we have ever owned and why we believe that it is the Perfect Home Based Business.

Oh yes, full time for us on deals and consulting is about 20 hours per week.

Copyright 2000, DeFiore Enterprises

Interested in having your own successful, home based creative real estate investing business? Chuck and Sue have been helping folks start successful home based businesses for over 19 years, and we can help you too! To see how, visit http://www.homebusinesssolutions.com for the latest FREE tips and tricks, educational products and coaching in creative real estate investing and home based businesses. No time to visit the site? Subscribe to our "how to" Home Business Solutions Digest, it's like having your own personal coach: mailto:subscribeHBS@homebusinesssolutions.com


MORE RESOURCES:
This RSS feed URL is deprecated, please update. New URLs can be found in the footers at https://news.google.com/news


Forbes

10 Technologies That Will Change Real Estate In 2018
Forbes
Technological developments in recent years have changed nearly every industry, and real estate is no exception. The process of listing, viewing, buying and selling properties has become much more streamlined with listing websites, e-signed documents ...



Forbes

Real Estate Investments Near Kings' Golden 1 Center Revitalizing Downtown Sacramento
Forbes
Professional sports in the 21st century are multifaceted operations, and a major aspect of these multi-dimensional entities is real estate investments. The recent New York Times story discussing the relocation of sports stadiums downtown addresses this ...



Orlando Sentinel

Commercial real estate finance groups locate in Orlando
Orlando Sentinel
Two commercial real estate servicing companies — Eastern Union Funding and World Property Exchange Group Inc. — are launching Orlando offices with about 150 employees planned collectively in three years. Lender Eastern Union this week opened a call ...



Mashable

The bitcoin bubble moves into real estate
Mashable
According to Bitcoin Real Estate, a site that has been tracking the business for several years, the trend is growing more and more and not slowing down. At the end of 2017 a Miami condo reportedly sold for 17.7 bitcoin and actual cryptocurrency was ...

and more »


San Bernardino County Sun

Real estate jobs equal 3-in-10 of all Inland Empire hiring
San Bernardino County Sun
Work at real estate-related businesses accounted for three in 10 of all new jobs added in the Inland Empire in the past year. State jobs data for December show jobs in real estate-related fields — from construction to building supplies to lending ...



Miami Herald

The future of Bitcoin in real estate is now (and here)
Miami Herald
This past September, I wrote an article for Business Monday that described the concept of Bitcoin, touted its virtues for the purchase and sale of real estate, and singled out Miami as an ideal laboratory for this phenomenon. At the time, my business ...



Chron.com

BoyarMiller panel: More growth ahead for Houston commercial real ...
Chron.com
Investors placed big bets on Houston real estate in 2017, and this year should shape up to be strong, too, a panel of experts at BoyarMiller's annual commercial real estate forum said Thursday. The Canada Pension Plan Investment Board put $1.2 billion ...

and more »


Crain's Detroit Business

Special report: Women in real estate | Crain's Detroit Business
Crain's Detroit Business
We spoke to 10 women real estate developers who are helping to build a future for other women in their industry.

and more »


HousingWire

Fast-growing local marketplace app letgo expands into real estate listings
HousingWire
letgo will also now compete with Facebook for real estate listings. Last year, Facebook announced that it is significantly expanding the real estate listings section on its Marketplace, which is Facebook's attempt to take on Craigslist, eBay, and other ...

and more »


The Day - Longtime bookkeeper at Norwich real estate firm charged ...
theday.com
A longtime employee for a local real estate firm was arrested for first-degree larceny Monday following an investigation into alleged financial.

and more »

Google News

home | site map
© 2006 TIGER MEDIA