How much can you make in real estate?

[klpr]

I was just curious how much on average people can make doing real estate? I am new to the industry and looking for experienced advice.

Thanks

[Big Money]

On average, I've seen people make about $40,000 profit just for restoring a house and making the lawn look better. There is much more from where that came from if you are skilled at business.

Once you have gotten good enough at the business, you can start restoring houses in high end neighborhoods and the profits can easily jump into the hundreds of thousands of dollars. After about 20 or so successful sales, the average real estate business owner becomes a millionaire.

It all depends on the market and the deals you make in restoring the house and buying the original house to restore. It's a good business to get into if you can handle the work and have a good eye for finding good sellers and good buyers. This is just a very crude example, it's more complicated than that, but I hope this answers your question.

Best Regards

[hboss]

Real estate agents enter the profession from all walks of life. Some become a real estate agent for the money, while others are attracted to the glamor, excitement and challenges of selling property. For many, a real estate career offers the opportunity to be your own boss, and that reason is a motivating factor for those who want to get out from under the thumb of corporate America.

[Nicholas_B]

there is potential to generate a lot of money in real estate but you really need to assess the current market - at the moment it is hard to make money in any market so by investing into the market may be risky.

[Mreese601]

Well it all depends on the deals and what you looking to do! If you just want to make some quick money then you can find some houses at a deal and sell it to other investor for about 5,000 or 100,000. It all depends on the deal!