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Updated over 7 years ago on . Most recent reply

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Jason Lippe
  • Newton, NJ
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Trying to get educated

Jason Lippe
  • Newton, NJ
Posted
Hello fron NJ, in beginning stages of researching real eatate investing, i see being a realtor or a realtor assistant, to have access to MLS seems very important. All state laws differ a little it seems. I am not positive but i see that in NJ you have to actually work for/through a broker office to even carry the license or be able to recieve it. Does anyone know if this is the case. Also i would thing an investor having a realtor license would be a conflict of intrest in many ways.

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Henri Meli
  • Investor
  • Morrisville, NC
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Henri Meli
  • Investor
  • Morrisville, NC
Replied

@Jason Lippe Real Estate investing consists of lots of different fields. I don't think you have specified yet what exactly you want to do in real estate. There is Fix and Flip, Wholesale, Single Family, Multi family, Notes, Buy and Hold, Mobile, Office, Construction, ... etc. Depending on which field you chose, you might not might not need MLS. But at first you need to determine which area of Real Estate you are targeting to build knowledge in.

If you are really just getting started, I would suggest to listen to the Podcasts on BP so you can get a feel for your actual area of interest. Then based on that, I would start going in depth into one or two of those areas. Until then, I wouldn't recommend you to spend money on MLS.

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