Updated almost 7 years ago on . Most recent reply
Real estate license with a felony?
I live in Texas right now, I did some time over drugs and read a ton while I was gone. I read two of Brandon Turner's books and several others about real estate investing which is how I found out about Bigger Pockets. I have a goal to acquire 4 units within the next 18 months and get my license in about 5 years. After that 5 years all my convictions will be over 7 years old. I'm sure there will always be some resistance because of this but as long as there is nothing set in stone that's restricting me from this I can over come. Any thoughts?
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@Caleb Schlomach I'd talk with your real estate commission. Here in MA, we have several crimes that will result in an automatic revocation / ineligibility.
As I recall, they include murder, rape, kidnapping, etc. A licensee must report any convictions to the Board of Registration and a determination will be made.
I assume decisions in TX are probably made in the same way. Automatic exclusion for some, a case by case basis for others. The only way to know for sure is to talk with them.