So I started to study for my real estate license in GA but learned a few things that the state requires for your personal investment properties (like having to be associated and report your information to your broker, etc). If I only want to invest, is it worth even getting my license if I can find off market properties? I have two properties out of state currently and will have one more by end of year.
- Do you plan on charging a fee for your services?
- Do you understand the rules required when selling a property
- Can you read/understand real estate contracts
- You have a plan to find these off-market contacts? I get letters/eMails from guys wanting to pay cash for my rentals - All in the garbage.
If you're looking to buy for your own portfolio off-market, then probably don't need a license (ask GA), but I'd get a RE professional (atty/broker) to save you a lot of heartache.