Rental Property Investor · Member since 2021 · 23 posts · 6 votes
I know that a real estate investor does not necessarily need a license but I have hurd the advantages and disadvantages and was wondering if it is worth it
@Cameron Cole Vance I got mine right when I bought my first property 3 years ago. I've got 17 buildings and 41 units. I am now a managing Broker of my own property management company. No downsides that I have come across. Just make sure you know what your doing.
Tax wise it can have a very strong impact on your real income . You also are in the market looming to secure your investment opportunities that will put you in contact with people you can help buy sell or invest with the liscence. I would recommend getting as knowledgeable as possible and operate with the highest integrity for theses clients to service to earn thier trust and future business for you excellent service
speak with you Cpa regarding true benefits of working as an agent while managing investment property.
@Cameron Cole Vance I got mine right when I bought my first property 3 years ago. I've got 17 buildings and 41 units. I am now a managing Broker of my own property management company. No downsides that I have come across. Just make sure you know what your doing.
@Cameron Cole Vance. It's great to take the class and to have a license but to be active with a broker is very expensive. The RE class I took a few years back when I first started investing was one of the best things I could have done. One of the worst things was to try to be a part time realtor and pay all the fees required. I did that for about 18 months. However so glad I took the class.