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Updated about 5 years ago,
Pros and cons of getting real estate license
Hello,
I am currently working about 65 hours a week and feeling a bit burnt out. On top of that I still haven't done my first deal and being the only household income, not saving enough to build up reserves and holding costs to make the first deal a smart move.
I was considering becoming a real estate agent. I believe if I hustled as much as I do at my current job, I could earn more and start investing sooner.
As far as I know the cons are-
- wholesaling is not so much an option due to not being ethical/ best interest of client? ( or are agents the only ones who can technically legally wholesale? Seems to be a grey zone.)
- having to disclose you're an agent?
-maybe losing the benefit of having an agent as another set of eyes/ experience?