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Updated 17 days ago on . Most recent reply

As a REI is it worth getting my real estate license?
I bought my first investment property this year, a duplex that I am currently house hacking in San Antonio, TX.
I want to start scaling my portfolio, and plan on starting up an LLC this year to acquire and hold/flip properties through.
What are the pros and cons of getting your real estate license as a REI? Is being an agent something you could do on the side? (currently working a W2 that I'm happy in and don't plan on leaving anytime soon)
For me I think getting my real estate license would give me more confidence after the education I go through to get it, help me gain connections, the commission from my own investments. On the down side I know the costs of getting and maintaining your license and the time it takes to get it. Is there other pros and cons I am missing?
Thank yall in advance!
Most Popular Reply

I second this. I got my license for this exact reason. Being able to write my own deals, view homes on my time, and get commission at the closing table makes it all worth it. Additionally, I also work a W-2 job full time, and still have time to help investor clients on the side, so I wouldn’t let that deter you. Nor would I worry about the up front cost too much if you can swing it, it paid for itself after my first deal.