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Updated over 9 years ago on . Most recent reply

User Stats

52
Posts
19
Votes
Joey Palmer
  • Rental Property Investor
  • Cincinnati, OH
19
Votes |
52
Posts

Invest with a Real Estate License ?

Joey Palmer
  • Rental Property Investor
  • Cincinnati, OH
Posted

I'm considering taking the appropriate measures to obtain my real estate license here in Ohio. Currently, I'm looking to expand my portfolio from 3 duplex homes to +20 in the next 5 - 7 years. Can the BP members please share some of the advantages they've found utilizing a real estate license instead of working with they're local agent?

Do you recommend joining a company (Sibcy Cline, Century 21). I would only be buying/selling my own investments.

Thank you for the guidance. 

@Theo Hicks

Most Popular Reply

User Stats

109
Posts
50
Votes
Larry P.
  • Realtor/Investor
  • Richmond (Houston), TX
50
Votes |
109
Posts
Larry P.
  • Realtor/Investor
  • Richmond (Houston), TX
Replied

Hi Joey

I'm not sure what all would be involved in becoming licensed in Ohio as I'm in Texas.  If it were here I would suggest doing so and then exploring some of the other brokerages that do not charge you any monthly fees and charge you only a small transaction fee.  I have purchased several investment properties and then get paid a broker's fee by the seller for selling the home to myself!

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