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Updated over 9 years ago,

User Stats

42
Posts
8
Votes
Abhilash Joseph
  • Missouri City, TX
8
Votes |
42
Posts

Real Estate Licence - Recommended or not?

Abhilash Joseph
  • Missouri City, TX
Posted

I am new investor on the block with a desire to generate passive income to support family using RE investing to pursue other goals outside of RE. I have one rental unit 3/2/2 (45 k still owed to bank) which is bringing in some +ve cash flow. I have a decent 40 hour job which brings in the bacon and the finances for RE investment. My kids are 3.5 & 1.5, so I dont have huge school bills yet. I intend to rack up 10-15 rentals in the next 3-5 years to generate the needed cash flow. My credit is good and I hope to capitalize on that.

Here is the ? Does the BP forum recommend me getting my RE license to advance my goals or is it not worth saving? The MLS access is necessary to find good deals I hear and besides my CPA/broker recommended to go for it and offered to list me under his RE brokerage...Thoughts, advice?

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