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Updated over 10 years ago on . Most recent reply
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Investor-turned RE Agent!!
Hello, BPers--- after 30 years of being a non-licensed "investor" (never fulltime), I finally decided to obtain my license and become an agent. I will always be a buyer first, but the process of getting my license has taught me a whole different viewpoint of real estate. The goal is to become a broker in 2 years (required time in Missouri) and thus be able to expand our investing business into a full-service operation, including property management services.... I will begin to network here as well as the the investor parts of BP - as I am learning how to wear both hats!!
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Hi @Pete T. - the biggest advantage is the access to MLS and basically being able to replace my "day job" sooner (hopefully). My plan was to build my investing "business" to the level of being able to go full-time and replace my W2 income, and I always believed that eventually I would want to get my broker's license, but I never really wanted to be an agent; always a principal. But as I've spent more time talking to sellers and doing deals, it just started to make more sense to me. @J Scott recently mentioned on a Podcast the advantages, and other local factors also led me to this happening now. Among these factors are, I can't seem to find any agents locally who understand what investors are looking for, so I hope to fill that void in this market!