All Forum Posts by: Kaden Dunlevy
Kaden Dunlevy has started 2 posts and replied 7 times.
Originally posted by @Dylan B.:
I would second @Cassi Justiz statement. If you are just getting your license to "learn more about investing", don't get a real estate license. It's not going to teach you anything about investing. I am an Investor and Agent in the same Brokerage as Cassi and also in Edmond. The most you can do about gaining more insight, is reading books and listening to Podcast's like the BP Real Estate Podcast. There is also coaching or interning with a more experienced investor.
Also as Cassi stated, your first year is going to be around $3k, then each year you are going to have a few grand just in fees and dues to various entities, (MLS, State and National dues, software, broker, etc) this doesn't include all operating costs. If you do not plan on selling real estate, don't get the license. If you do plan on selling real estate get the license, it is a great source of income or side income!
Yes, I agree thank you for explaining! Most definitely need to network and talk to investors.
Originally posted by @Cassi Justiz:
Hey @Kaden Dunlevy,
It really depends on what your goals are with getting your license. If you are just looking to do it for knowledge for investing, I would say there are better ways to learn about real estate investing. The actual license process teaches you very little about investing or the day to day real estate activity. The license process focuses more on technical knowledge rather than practical knowledge (how to calculate sq ft per acre rather than how to write a contract). You also should plan to spend about $2000-$3000 throughout your first year by the time you pay for the course, tests, MLS fees and broker start up fees. Many brokerages also take a percentage of each sales commission that you make.
If you want to become an agent as a career, it's going to be a different answer. At the end of the day, it's really about your goals and what you are hoping to accomplish with getting your license. It can be a great career if that's the path that you want to take, but it's definitely a career that requires you to be very self driven.
I'm in Edmond, so I'd be happy to meet up and chat with you about pros/cons!
Great advice! Thank you! Would love to meet up sometime and chat
Post: First Post on BP, Looking to meet some investors here in Oklahoma
- Realtor
- Edmond, OK
- Posts 7
- Votes 3
Originally posted by @Will Fraser:
Hey @Kaden Dunlevy, now that you have our attention 😂
What question do you have? Let us attack them and add value here!
Being a new investor I have a ton of questions but one of the most important questions that come to mind is Analyzing deals. I have seen videos and read books but I have not correctly understood how to analyze deals here in Oklahoma City.
Post: First Post on BP, Looking to meet some investors here in Oklahoma
- Realtor
- Edmond, OK
- Posts 7
- Votes 3
Originally posted by @Jennifer O'Daniel:
Hi Kaden, I'm an attorney and investor here in OKC. Nice to meet you :)
Nice to meet you @Jennifer O'Daniel! Would love to talk!
Post: First Post on BP, Looking to meet some investors here in Oklahoma
- Realtor
- Edmond, OK
- Posts 7
- Votes 3
Originally posted by @Ben Scott:
Hey @Kaden Dunlevy, I host a bi-weekly virtual meeting every other Wednesday at 1pm. Next meeting will be Wednesday, Dec. 2. Put it on your calendar and look for it on the events page.
Perfect I will look out for it, Thank you! @Ben Scott
I am new to investing but have been pondering on perusing a real estate license. I am thinking it would give me insight into investing that I do not have already but wondering if it is or isn't a good idea. As BP is a huge platform I would love anyone to shed light on this little dilemma I have going on. I think it would be a good idea if I pursue a career in real estate but wondering what others think before I invest the money in myself. Thank you
Post: First Post on BP, Looking to meet some investors here in Oklahoma
- Realtor
- Edmond, OK
- Posts 7
- Votes 3
Hello everyone, I am a new investor here in the Oklahoma City area. I was wondering if anyone else investing here could answer some questions I have or possibly meet up. I would love to hear stories and information about investing in the Oklahoma City area as I want to invest in my state, to begin with. I appreciate any and all replies and the time you take to respond!