Well, nothing is free in this world. Start up cost for building your Real Estate Empire is no exception. This is just an estimated figure to give you some idea how much you will be spending in first 3 months. You must take full control over your expenses.  Not only you have to become a good salesman but you also have to become better businessman in order to success in Real Estate business. I break them down into 3 categories; Basic, required, and optional expenses. Most expenses are based in California. Check your local Department of Real Estate & Local Boards.

Start Up Cost Break Down:
Basic License Expenses: $ 340

1. State Exam: $ 25
2. License: $ 145
3. Finger Print: $ 20
4. Required Classes, Textbook and Exam Prep: $ 150

Required Expenses: $ 4,050

1. Business Cards: $ 100
2. Annual MLS Access: $ 250
3. Errors & Omission Insurance: $ 800
4. GE/Supra eKey & Lock Box: $ 300
5. Printing & Mailing: $ 1,500
6. Auto Insurance for Realtor: $ 500 extra/year
7. Signage: $ 300
8. Website: $ 300

Optional Expenses: $4,900

1. Association of Realtor: $ 350
2. Digital Camera: $250
3. Laptop Computer: $ 800
4. Mobile Broadband Card & Subscription: $ 500
5. Advertising: $1,000
6. Office Expense: $2,000

Total Start Up: $ 9,290 +

This figure doesn’t include the automobile expenses such as gas, car payments and maintenance. You may be surprised that cost of real estate career is not cheap. But there are not that many business that you can earn 6 figure income every year with $10,000 initial investment.