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Updated over 7 years ago on . Most recent reply

User Stats

18
Posts
3
Votes
Bobby Clifford
  • Vale, NC
3
Votes |
18
Posts

Considering getting my license but I have a few questions

Bobby Clifford
  • Vale, NC
Posted
I am seriously considering getting my license for the obvious benefits.. however, I am not so much interested in being a full time agent for just anyone. Mainly close friends, family and for my own benefit as an investor. I am curious what most brokers require of their agents. I quit my full time job in law enforcement last February to raise my children. ( 2 under 2.. daycare cost nearly as much as my salary. ) I am not looking to commit a ton of time to the real estate agency because I want and need to be with my children. With all of my personal interests and requirements do you think it would still be worth my time to get my license? I am within a year of being in position to begin purchasing and long term holding my investment properties. Thank you for your time!

Most Popular Reply

User Stats

743
Posts
424
Votes
Brandon Battle
  • Real Estate Agent
  • Buena Park, CA
424
Votes |
743
Posts
Brandon Battle
  • Real Estate Agent
  • Buena Park, CA
Replied

The short answer is no,don't do it.You don't seem to be in the right mindset to become a member of my profession which is exactly what it is,a profession and not a hobby to pick up or put away at will.My profession requires lots of time devoted to learning both in and out of the classroom for at least 6 months to earn a license and the follow up sales training at the brokerage.It is not cheap either to get started with all the fees involved.From what you are describing about your personal life,family demands,and interests desired to pursue,I would concentrate on learning about investing in your spare time.Learn how to evaluate property for potential profits after repairs are done.Join an investment club and surround yourself with successful people who have already been through the process.Learn about hard money,gap funding,and what it takes to get the money you need when you need it.

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