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Updated about 9 years ago on . Most recent reply

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David Garcia
  • Real Estate Agent
  • Fort Lauderdale, FL
0
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4
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Was getting my real estate license worth it for new investor

David Garcia
  • Real Estate Agent
  • Fort Lauderdale, FL
Posted

I just received my real estate license and I am working with Keller Williams. I work full time and I am trying to transition to be a full time investor. The only reason why I got my license was to be able to have access to MLS. Understand contracts, closing, network, and most of all use commission for down payment. Was this a good investment to have real estate license for that purpose any ideas.

Also my main goal is to purchase multi family houses to rent them for passive income and also flip houses to help provide financing for my future portfolio. 

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456
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Andy Luick
  • Real Estate Investor
  • atlanta, GA
237
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456
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Andy Luick
  • Real Estate Investor
  • atlanta, GA
Replied

I think ANY investor should take the licensing course in their chosen state as you will garner a ton of valuable information....plus start networking as that's going to be a huge part of your success or failure.  Having a license can be a deterrent later on both in buying deals and property management.  It's great knowledge though.  Most states have a real estate board that will offer a digest or book summarizing the issues and laws in that state.  I think ours is called the GA Real Estate Digest and can be purchased at the local real estate board.  It's worth having or any investor and then you can read up at your leisure.  Happy Investing!

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