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Updated about 5 years ago on . Most recent reply

Real Estate License and investing
I am currently in the process of getting my license and have concerns on how to pick a broker and how to ethically proceed with my goals to be an investor. What should I be looking for and can someone give advice. Pros and cons of being a Licensee/ Investor
Most Popular Reply

@David Telp - I hold my own licensee and invest. It's cumbersome at times but worth it.
Pros:
1.) I get to walk into any house anytime I want
2.) I get paid to buy houses and to list my flip companies houses
3.) I'm in front of people talking real estate all day long
Cons:
1.) Disclosures can be annoying. I have to disclose to everyone I speak with that I'm a licensed broker and that I'm not using my expertise to swindle them.
2.) I get other agents calling me all the time complaining that their listing got one of my direct mail letters, even though the letter fully discloses who I am and explains that I'm contacting them as an investor, not a broker.
All in all I'd say its worth it though.