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Updated over 6 years ago,

User Stats

7
Posts
1
Votes
Andrea Barbee
  • Rancho Cucamonga, CA
1
Votes |
7
Posts

Should I get my RE License in California?

Andrea Barbee
  • Rancho Cucamonga, CA
Posted

Hey Bigger Pockets Fam!

So here is my question for the week. 

I have been working on my RE license for a few months now and I have sent all my paperwork into the BRE. All my fees are paid as of now and I am just waiting on a test date. Well, as soon as I got into real estate I quickly learned I wanted to go the investing route. I want to start doing buy and holds as soon as I have enough capitol for my first one and would like to get to a point where this is my main stream of income. While I have been waiting on the BRE I have taken a personal assisting job and the more investors I meet, the more they tell me not to get my license to sell real estate and to just focus on the investing side of it. I would think these two go hand in hand but I have also heard that you can invite more lawsuits your way with this strategy and also that you have to pay 70% market value for homes if you are licensed. I could be wrong and am beginning to research this in my state but if anyone has any useful knowledge they can throw my way, I would love to chat. Thanks and hope every one is having a beautiful Tuesday. 

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