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Updated almost 8 years ago,
Real estate license benefits or drawbacks
I'll try to keep this short and sweet. My best friend and I are newbies to real estate investing but are very serious and focused on scaling and building wealth. My friend is a business owner and has no shortage of capital. I am saving to split a down payment with him to acquire my first property and besides that and being someone he trusts, I don't bring much value to him. Would it be worth it for him to pay for me to get my real estate license? How would me having my license benefit our future endeavors? How much could i help our team by attaining this license and how much money could I potentially save him by becoming an agent? Assuming He wants to buy one multifamily property per month. Located in ohio. Thanks for any and all advice!