RE Investor becoming an agent

[Becky Farnsworth]

My husband and I own a few rental properties in the Boise, Idaho area and we are planning to sell one soon, so I have decided to go to real estate school and become an agent.  I have always loved real estate and wanted to do this, and now is finally a good time.  I currently manage our rental properties, but am mostly a stay at home mom so I likely won't jump in full time.  I just want to do our deals and maybe help a few friends and family members.  I am wondering what advice you have for going this route?  What are the draw backs to selling your own house?  I know people often get their emotions involved, but this has been a rental for 8 years so that won't be a problem.  Legally is there anything I need to think about?  Also, do you typically give family and friends a discount when selling their home?  How do you handle that?  Any other advice for starting this journey would be greatly appreciated.

[Becky Farnsworth]

@Don Spafford, Thanks for the reply!  I am in real estate school now and definitely see all the expenses.  You are exactly right, its not cheap!  I am loving class and will likely dive in once I have my license.  I need some flexibility with young kids, but I can't wait to start on my own deals and help other people.

@Jonna Weber I completely agree!  I have worked with a lot of agents in the past, and I know that the good ones have a lot of experience and a great level of service that is almost impossible to give if you aren't sure what you are doing.  I just finished module 1 of real estate school today and I am loving it (except for the thought of the test), so I think I will likely jump in when I get my license.  I want to learn the business and be a great agent in a couple of years. I'm glad my rental finally gave me enough incentive to start this journey!