Becoming a Notary

4 Replies

So I've been thinking of becoming a notary to plan out some additional income besides my rental properties, hopefully propelling me closer to the day I can quit my job and to REI full time! Any tips on this? Once I would get my license, how do I find work? What could I expect to make each time I close someone? Also, when I close on my own properties, can I be my own notary?

Thanks!

notary? aren't they just $1 per stamp and any bank can do it for free if you have an account with them?

I personally have looked into becoming a notary.  Mainly so I can do the work for myself and not have to go to a bank or anything, however my job has notaries that work for me for free.  The cost is around $500 to get started depending on what company you look at. I would look at this a little deeper before diving head first into it.  You can charge around $20.00 per transaction, but then you have to record everything.  I'm not trying to steer you away from this, but the income for it unless you have a line out of your door isn't really worth it.

I'm a notary and I give that service away for free. It's not hard to find, it's not really necessary and it's just not that valuable. 

I could charge a fee to notarize where I work and I still do it for free LOL 

I think people could make money on notary in decades past but I don't see how it could be profitable in the slightest anymore.

Originally posted by @Jeremy Collins :

I personally have looked into becoming a notary.  Mainly so I can do the work for myself and not have to go to a bank or anything, however my job has notaries that work for me for free.  The cost is around $500 to get started depending on what company you look at. I would look at this a little deeper before diving head first into it.  You can charge around $20.00 per transaction, but then you have to record everything.  I'm not trying to steer you away from this, but the income for it unless you have a line out of your door isn't really worth it.

 you can't do anything for yourself. it's one of the rules. 

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