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Updated over 6 years ago on . Most recent reply

Account Closed
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Pro’s to investing as licensed real estate professional

Account Closed
Posted
To the licensed real estate professionals, what are the advantages of having a license while investing? (Feel free to tell me about the disadvantages too if you have a moment lol)

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Cassi Justiz
  • Rental Property Investor
  • Edmond, OK
1,594
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1,460
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Cassi Justiz
  • Rental Property Investor
  • Edmond, OK
Replied

You can see properties on your own time, get instant access to all of the data, and get to keep commissions. There is also the potential for some killer tax advantages depending on your situation. The main disadvantage would be the up-front cost to become licensed and fees to maintain your license.  If you do enough transactions either for yourself or picking up retail clients, it's easy to justify those costs. 

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