All Forum Posts by: Kyle Kline

I recently received my license, which has been a game-changer.

Being an agent allows you interact with a lot of investors, expand your knowledge, make a little money, and grow your portfolio. (I'm a part-time agent.)

Think about it like this: a family may purchase a house and live there for a few years unless they are military. An investor will buy a property and once it's rehabbed, will look for another...and another...

As an investor, you can speak to the importance and power of real estate with all clients. Plus, investors are less likely to be concerned about the color of the walls. 😉 I can also search for my own deals on the MLS and use investor tools such as PropStream to help.

Becoming an agent has been a great experience. I wish I would have done it sooner honestly. I can thank my daughter for that one (she's 26). I wouldn't have done it without her encouragement.

I hope this helps. Let me know if I can help further.

I wish you all the best.

I completely agree with @Hamp Lee III getting my license was a massive help, and quite frankly I have no idea how some many investors get by without it. 

The biggest thing for me is the access to sold data. I can literally go through almost every flip that's happened in every neighborhood in my city and figure out what the spreads are, where the opportunity could be. 

Also when I receive calls from off market sellers I can have a good idea about what they could list for, what a direct offer would likely be, and then work through the options with them in real time. Most wholesalers I know that don't have their licenses have to wait hours before they get comps and many just go into offers blind with nothing but honestdoor or tax pricing for the house.

I hold my license and primarily represent myself. It is not cheap, if you do a few deals a year it will pay for itself. 

Definitely use a lawyer that specializes in real estate contracts to help you draft a PSA or review other contracts. (note I do commercial and generally, we do not use standardized contracts) If you are buying a SFR or something smaller, an experienced real estate agent could help you with those state-approved contracts, but something more complex should be run by a RE attorney. Now would be a good time to start interviewing them/making friends, but you may not need to formally engage them until you are prepared to submit an offer. Hope that helps- best of luck in your adventures.

Hey Kyle, welcome to BiggerPockets! This platform has numerous resources to offer.

I'd love to offer advice where I can. 

Feel free to reach out if you're interested. I'd love to chat and get the ball rolling for your first investment!

@Kyle Kline

Welcome to the RE game. It’s addicting and a fun ride! I started 8 years ago and had no idea how much you can make off RE and scale up without much out of pocket money into deals. My advice is to listen to a ton of RE podcasts and read these forums. Fb had a ton or RE forums and posts too, including your specific area. Don’t pay gurus for classes. Get all your info for free on here. And if you have any questions, feel free to PM any of us. We’d be happy to help! Good luck!