Skip to content
×
Pro Members Get
Full Access!
Get off the sidelines and take action in real estate investing with BiggerPockets Pro. Our comprehensive suite of tools and resources minimize mistakes, support informed decisions, and propel you to success.
Advanced networking features
Market and Deal Finder tools
Property analysis calculators
Landlord Command Center
ANNUAL Save 16%
$32.50 /mo
$390 billed annualy
MONTHLY
$39 /mo
billed monthly
7 day free trial. Cancel anytime

Let's keep in touch

Subscribe to our newsletter for timely insights and actionable tips on your real estate journey.

By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions
Followed Discussions Followed Categories Followed People Followed Locations
Buying & Selling Real Estate
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated almost 7 years ago on . Most recent reply

User Stats

15
Posts
5
Votes
Dakota Ochoa
5
Votes |
15
Posts

Pros and cons of having a real estate license

Dakota Ochoa
Posted
What are the pros and cons of having your real estate license as a fix and flipper? And as a buy and hold investor? I’m considering getting my license and would love some help deciding whether or not it’s a good idea for me. TIA!

Most Popular Reply

User Stats

43,979
Posts
64,971
Votes
Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
64,971
Votes |
43,979
Posts
Jay Hinrichs
#1 All Forums Contributor
  • Real Estate Consultant
  • Summerlin, NV
Replied

for me personally I cant see how anyone that is going to do any volume in their local area in the fix and flip end of things can do this without a license.

1. real estate fee's can equal profit.. yo save those you instantly double your profits.

2. instant access to MLS and the all important lock box key codes.. no waiting on anyone to view a prop.

3. get lower up front purchase price EVERYTIME by discounting purchase price by the amount of the BAC commish.

4. Uber networking this is were real estate is done.. with other professionals in the industry.. 

now depending on market not all brokers allow you to do your own deals.. you need to find one.. bigger metros easily have those smaller little areas may not.

and for those that say it cost too much that's just BS its a few grand a year.. and if you cant afford that for your business then your business is not profitable anyway.

business profile image
JLH Capital Partners

Loading replies...