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Updated over 9 years ago on . Most recent reply

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Andrew Dillard
  • Milwaukee, WI
3
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20
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Should I get my RE liscense?

Andrew Dillard
  • Milwaukee, WI
Posted

How essential is it to have your own RE license if you are thinking of becoming a buy and hold investor?  Any drawbacks or specific advantages?

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Matt Motil
  • Rental Property Investor
  • Cleveland, OH
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Matt Motil
  • Rental Property Investor
  • Cleveland, OH
Replied

Is it essential? no, not at all. Is its worth getting? In my opinion, definitely. There are so many synergies with being an investor and an agent, it makes sense to me to have both. For example, someone responds to a direct mail campaign asking you to buy their house. You don't think it's a good investment property to either buy and hold or buy and flip. If you're just an investor you are done with them. If you are also an agent, you can list their property and get a commission when you sell it for them. Make sense? There are more examples, but this is just one. 

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