Would you recommend becoming a realtor to start RE investing

[Brett Mason]

Would you recommend getting your real estate license before starting to invest in properties? What are the advantages and disadvantages of doing this?

[Mark Williams]

Quote from @Brett Mason:

Would you recommend getting your real estate license before starting to invest in properties? What are the advantages and disadvantages of doing this?

 Hi Brett, 

Obtaining a real estate license before venturing into property investment offers several distinct advantages. It equips you with an in-depth knowledge of your local real estate market, grants access to the Multiple Listing Service (MLS) for efficient property searches, and provides a network of industry professionals for collaboration. Additionally, you'll gain valuable negotiation skills, potentially save on commissions, and enhance your credibility within the industry. Your understanding of real estate law and ethics can help navigate legal complexities, and the flexibility to balance a real estate career with investing can open up diverse income opportunities. However, it's essential to consider the time and commitment required for licensing, the associated costs, adherence to strict regulations and ethics, and the potential for conflicts of interest in your dual roles as a realtor and investor. Weighing these factors against your long-term investment strategy is crucial in making an informed decision.