Two Jobs in Real Estate You Can Work From Home For a Six-Figure Income
Tuesday, November 15, 2011
If you're interested in real estate careers, the bad economy is creating a great opportunity for you in the form of foreclosures. Here are two jobs in real estate you can work for home and expect to bring in a six-figure income.
You Can Invest In Tax Foreclosures With Only 0 In the Bank
Lawyer In Columbus Ohio
Think you need lots of money to invest in real estate? You couldn't be more wrong - as long as you invest in the right property, the right way. Few other jobs in real estate offer the potential to make money like foreclosure investing.
The way to accomplish this is to directly approach owners who are about to lose their property to tax sale. At this point in the game some will be willing to part with their deeds for nothing - you just offer them a few hundred dollars for their time in signing over the documents.
Others will want something for the property - you can offer them a few hundred dollars for the deed, and a percentage of whatever you are able to sell it for. Then, you just pay the taxes or sell quickly, and take your profits.
These Same Properties Create Overages - Collect Them and Make Five Figures Finder Fees
The very same owners you look to buy property from are probably owed overages (if they don't end up selling and let the property go). When a bidder bids more for the property than was owed in taxes, the excess generally goes back to the owner. But many never find out about the overage - and eventually it escheats to the government.
One of the best jobs in real estate is to help people collect these overages. You work on contingency, like a lawyer - meaning you take your payment when the money is paid out, but get paid a larger amount for not charging anything up front. This translates to 30-50% of the overage - and that's a lot of money. These overages often run well over ,000 - so you make ,000 or more, all for helping these owners get their money back.
These two jobs in real estate are where you should be looking for the foreseeable future. No other area of the real estate industry is so ripe with opportunity, and if you work hard, you could easily see a six-figure income within a year.
Two Jobs in Real Estate You Can Work From Home For a Six-Figure Income