Real Estate License

[Emily Adam]

My fiancé and I live in Wisconsin and have been looking into starting to invest in properties for a few years now and are getting pretty into it now. We are open flips, multi family and single family rentals. We have been thinking that it might be nice for me to have my real estate license. I would not be interested in showing properties to others it would be just to hopefully benefit us. Can anyone tell me what ways this could benefit us? Is it worth it? TIA

[Scott Schultz]

I am a Wisconsin Broker that only invests. but I didnt start out investing, I started out selling for banks. right now you need to work under a broker as a sales person for 2 years before you can sit for your brokers exam and go on your own. I would recommend getting your license and selling for a while, work with investors, so you can learn on their dime, follow their projects, and if you build a solid relationship, you can build off what they have already built. there is a lot of expense being an agent, so your deals would have to be worth it,  but a couple commissions, generally will cover your costs. Selling will also teach you the contracts, lingo, and contacts you will want to have anyway. good luck