Using RE License as a Beginner Investor

[Felipe Munoz]

I've been inactive when it comes to real estate and visiting Bigger Pockets for a number of years. Extreme brief background: Got licensed in '08 to become a full time REALTOR. That was kinda bad timing so I went back to working W-2 40hr/week gig and only used RE license to help friends with home purchases including personal residences for my family. I live in Phoenix, AZ (Ahwatukee) and I'm very curious as to how folks on BP with RE licenses use them for their investing ventures. Do any of you wholesale? How do you disclose to sellers that you are licensed and how do you your brokers view wholesaling? What other ways do you use license? I'm sure having access to MLS has to be a huge bonus but how exactly? Are you just throwing out tons of offers for other investors? If so, do you have systems to automate your offer writing? I definitely want to start meeting up with investors actually doing deals to learn as much as I can. At the moment I'm looking to supplement my income. (I like my 40hr gig). I know that was a lot of questions but I look forward hearing some responses and possibly meeting some of you.

[Shawn Ackerman]

@Felipe Munoz I'm a realtor here in NY. I only work with investors. I have very little interest in working with emotional purchasers. With that said, in the Mid-West where I invest, The MLS is extremely useful. Well MLS access coupled with pretty good public record access. So what I do is have my realtor put me on a listing drip for solds/expired listings. I then call either buyer or seller and turn around and either buy one of their other properties or sell them something similar. Best of luck to you on your journey.