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Updated about 8 years ago,
Is having your RE License and an LLC compatible?
Hi. I'll be retiring from the corporate life in April 2017 and excited to start a second career in REI, most likely flipping. I live north of Atlanta and initially plan to focus on north Cobb County.
I plan to get my Real Estate license. My understanding is that I’ll need to find an investor friendly broker. From what I’m seeing on BP, that will take some effort but it seems doable. (any feedback or recommendations would be appreciated…)
I'm also interested in creating an LLC for liability protection.
My question is: If I get my Real Estate license and find an investor friendly brokerage, how would the fact that I have an LLC be viewed. Is there any fundamental incompatibility there? Any conflict of interest?
If being associated with a broker and having my own LLC are not compatible, will I have to make a choice between the two?
Thanks in advance,
Mike