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Carol Williams, Retired Agent / Broker / Prop. Mgr, Wenatchee, WA (Although I'm retired, I love sharing my knowledge and learning from other real estate industry professionals.)

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Tamra Lee Ulmer
Arizona Resource Realty - Payson, AZ
NRBA ~FORCE~ Over 1000 REO Assets SOLD!

a little under half. I have a building with 9 machines/9 working stations, equipment, and quite a bit of overhead involved to run this show but it is worth it. It takes money to make money sometimes, and the more I invest, the more profitable success I have experienced. Great question, Carol, if you are just starting out to run your own business, your very own company. Good luck!

 

Oct 14, 2015 06:48 AM
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Ryan Huggins - Thousand Oaks, CA
https://HugginsHomes.com - Thousand Oaks, CA
Residential Real Estate and Investment Properties

I find that my business expenses are fairly low, since I work out of my house.  I do mainly free to low cost advertising, so that isn't bad.  I'd say my biggest expenditures are board membership fees.

All in all, I think it is not an easy thing to quantify, but I am pretty sure it is in the <20% range.

Oct 14, 2015 06:31 AM
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Michael Setunsky
Woodbridge, VA
Your Commercial Real Estate Link to Northern VA

Carol Williams I usually budget 25% for business expenses and put aside another 25% for taxes. Hopefully, I can get some of that back at tax time.

Oct 14, 2015 05:57 AM
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Tony Lewis
Summit Real Estate Group - Valencia, CA
Summit Real Estate Group Valencia & Aliso Viejo

Wild Guess 30%

Oct 14, 2015 05:46 AM
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FN LN
Toronto, ON

It varies by year.

Oct 14, 2015 10:24 PM
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Captain Wayne - Rowlett Real Estate School
Rowlett Real Estate School - Panama City, FL
Rowlett Real Estate School / Owner and Instructor

I think about 1/3

Oct 14, 2015 11:31 AM
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Joe Petrowsky
Mortgage Consultant, Right Trac Financial Group, Inc. NMLS # 2709 - Manchester, CT
Your Mortgage Consultant for Life

You're right about hearing about the possible income but seldom about the expenses. I always used 60-70% on the expense side early on, but as time went by, the expense side got smaller.

Oct 14, 2015 09:00 AM
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Bob Crane
Woodland Management Service / Woodland Real Estate, KW Diversified - Stevens Point, WI
Forestland Experts! 715-204-9671

I reinvest most of my money, and will continue to until close to retirement.

Oct 14, 2015 08:45 AM
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Kathleen Luiten
Resort and Second-Home Specialist - Princeville, HI
Kauai Luxury Ocean Home Sales

I usually keep it to about 25%.

Oct 14, 2015 07:24 AM
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William Feela
WHISPERING PINES REALTY - North Branch, MN
Realtor, Whispering Pines Realty 651-674-5999 No.

25%

Oct 14, 2015 06:55 AM
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Sandy Padula & Norm Padula, JD, GRI
HomeSmart Realty West & Florida Realty Investments - , CA
Presence, Persistence & Perseverance

If you are working for the I.R.S. then all of it!

Oct 14, 2015 06:49 AM