Realtor's License good or bad? WIll or others

[Greg P.]

Hello, I was thinking about getting a Real Estate license and heard that there is cons and pros. Eventually, I would like to buy REO's and other properties. Does a Real Estate License help or slow investors down? Thank you

[Steve Babiak]

Your question happens to be frequently asked; I posted a bunch of BP links in this thread to help those asking the same question:
http://www.biggerpockets.com/forums/55/topics/39235-new-member-from-phoenix-az

You'll get opinions leaning both ways in that thread (I try to be unbiased wherever possible).

As for buying REO properties as an agent, please see my post from 12/19/2009 at this next link:
http://www.biggerpockets.com/forums/16/topics/41238-anyone-use-a-buyers-agent-to-offer-on-reo-s-?page=2