Real Estate License to Gest Started with BRRRR?

[Joe Schmitt]

I'm a new investor and I am just getting educated. I am in the process of putting together my team and educating myself. One of the potential strategies that I have heard about on bigger pockets is getting licenses to get access to MLS to see new listings first, and also to be able to do comps when assessing properties. As I understand it, you may have straighter lines of communication while doing deals without a realtor between you and the seller.

What advice do you have about getting licensed?  Are there any other questions that I should ask myself or others before investing time and money in the licensing process?

If it helps:

- I am interested in focusing on multi-family in St. Paul, MN and surrounding suburbs

- I don't have a construction or rehab background

- I am working on financing, but should be able to find money for my first deal through an FHA or conventional loan.

Thanks!

[Account Closed]

@Joe Schmitt 

I started out working with a realtor then ended up getting my license and it has been very helpful for me. 

1. I can write offers nonstop even if they are very low and I do not think it will get accepted. I felt realtors were always hesitant to write low offers or would suggest I come up in price.

2. If I want to see a place I do not have to wait for a realtor or coordinate with their schedule I just go. 

3. If forces me to learn the market more as I work with other buyers and sellers. 

4. I've made some great contacts, the more deals you do the more you meet people. Doing deal for other investors I have built up some great resources. 

I am not sure that I will continue with this ten years down the road but for right now in the early stages it has been great for me. 

Good luck!