Questions for you. Who makes the most money in Real Estate?
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** The Realtors? No, they work very hard and make very little on each deal.
** The Contractors? No, they work even harder, often in terrible weather, and they often earn just enough to live.
** The Title Company? No, again. Only earn a couple of thousand on each transaction.
** The Real Estate Investor? No, if doing fix and flips, only earn about 7 - 9% working 6 - 9 months on
each deal. (Would you get rich making $9k on a $150k house every 6 to 9 months?).
** The Landlord? No, they earn an average of $200 per month per house and have to pay all repairs and fix the
house when the tenants move out. Usually rentals are cash drains.
*** The Bank? YES! The banks earn the most of anyone in real estate on each transaction. On the same $150k
house, the hard money lender can earn over $20k on the deal and then the mortgage lender will earn another
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