Pros & Cons of NJ Real Estate License

[Bryan Wasniewski]

Hey bigger pockets family ! I am in the process of reading the new bigger pockets "How to Invest in Real Estate" book. My goal right now is to pay off my C/C debt ($6,400) with an average $200 weekly income. I was considering real estate to replace that income someday.

Anyway, I was debating whether or not to go after my real estate license to add to my income . I was wondering if any experienced investors or agents can shoot me any pros vs cons about having a license specifically in our state for a beginner. I have been told to get one, but I have also been told I don't really need one. 

[Michael Lee]

If you are going to be strictly a real estate investor, you don't need to be licensed - I know many successful real estate investors who are not licensed. For me personally, I like to dive in deep and get to know the inside/out of the business, and real estate sales is a huge part of it, which is why I feel its good knowledge to have. 

Just like for renovations, I like to get my hands dirty at least once, get the hands on experience so I know what I'm talking about before I delegate responsibilities to others. But that's just how I like to learn.

With that said, you know yourself best; if you feel like getting licensed, then get licensed (if the cost and time is not a huge concern for you)! As long as you're taking action and moving towards the right direction, that's the most important IMO.