Skip to content
×
Try PRO Free Today!
BiggerPockets Pro offers you a comprehensive suite of tools and resources
Market and Deal Finder Tools
Deal Analysis Calculators
Property Management Software
Exclusive discounts to Home Depot, RentRedi, and more
$0
7 days free
$828/yr or $69/mo when billed monthly.
$390/yr or $32.5/mo when billed annually.
7 days free. Cancel anytime.
Already a Pro Member? Sign in here

Join Over 3 Million Real Estate Investors

Create a free BiggerPockets account to comment, participate, and connect with over 3 million real estate investors.
Use your real name
By signing up, you indicate that you agree to the BiggerPockets Terms & Conditions.
The community here is like my own little personal real estate army that I can depend upon to help me through ANY problems I come across.
Starting Out
All Forum Categories
Followed Discussions
Followed Categories
Followed People
Followed Locations
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback

Updated over 9 years ago on . Most recent reply

User Stats

182
Posts
66
Votes
William Byers
  • Engineer
  • Jacksonville, FL
66
Votes |
182
Posts

New Investors who want to Wholesale and be Licensed Real Estate Agent

William Byers
  • Engineer
  • Jacksonville, FL
Posted

I wanted to offer a suggestion to anyone interested in getting started and is considering both wholesaling and is also pursuing their real estate license. 

Be sure you understand the implications of having a license and wholesaling. Make sure you comply with your state disclosure rules about being licensed.  One option to consider is to find an active Investor/Realtor and offer to be their assistant and let them mentor you while you pursue your license.

You CAN be both a realtor and wholesaler, but you can also get in trouble if you aren't careful and transparent.

Most Popular Reply

User Stats

846
Posts
431
Votes
Ryan Billingsley
  • Investor/Realtor
  • Wentzville, MO
431
Votes |
846
Posts
Ryan Billingsley
  • Investor/Realtor
  • Wentzville, MO
Replied

@William Byers   I am almost finished with my real estate classes to be an agent.  I am also a investor and plan to continue wholesaling real estate.  I know the more we grow the less wholesale deals our company will do.  We are using wholesaling to create capital to invest in rental properties.  We also plan to do a couple flips this year to generate capital as well.  We do direct mail marketing and I know we will have to be transparent with my position when I get my license.  I believe it is a important tool to have when working with real estate investing and in my opinion it is worth the extra steps required.

Loading replies...