Are there any special licenses needed to start investing in RE?

Are there any special licenses needed to start investing in RE?

Auburn, GA · Member since 2016 · 1 post · 0 votes

Are there any required liences one needs in order to start REI in Georgia?

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Residential Real Estate Agent · Grand Rapids, MI · Member since 2013 · 803 posts · 689 votes
10y

You only need a license to legally represent sellers and buyers aka Realtor. Otherwise if you want to buy and sell properties yourself you don't need any type of license. However, you may need a drivers license to drive to and from the properties you want to buy :)

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  • Investor · New York City, NY · Member since 2013 · 263 posts · 141 votes
    10y

    No

    I have homes and I know people who have notes and tax liens there who also do not have licenses for those.

  • Investor · Port Coquitlam, BC · Member since 2013 · 203 posts · 119 votes
    10y
    Hi Jason Chavez no there's not. However, many investors decide to get licensed as a real estate agent so they have direct access to the MLS. Also, if you grow your business and are interested in commercial real estate, you may benefit from a CCIM designation.
  • Investor · Cleveland, OH · Member since 2015 · 6k+ posts · 2k+ votes
    10y

    @Jason Chavez, if you mean, do you need a License to advertise real estate that you don't own (or contracts) for sale to actual Buyers for the purpose of making a profit - then of course, that's not investing, so would be the subject for a different thread! (But you Shouldn't need to start another thread about that, because there are the hundreds of previous ones - unless Georgia is different).

    Welcome to BP. No, you don't need a License to buy real estate, take title, then sell it. Cheers...

  • Residential Real Estate Agent · Grand Rapids, MI · Member since 2013 · 803 posts · 689 votes
    10y

    You only need a license to legally represent sellers and buyers aka Realtor. Otherwise if you want to buy and sell properties yourself you don't need any type of license. However, you may need a drivers license to drive to and from the properties you want to buy :)

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