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Updated almost 8 years ago,
Should I get my RE license? Pros and Cons?
Hi,
I have a full time Job. I have a goal to produce 120k in rental income in 5 year or less in duplex and larger properties. I start with my goals because most comments ask for what your goals are. The question is what are the pros and cons of getting my license. I would 'list' a home every now to produce and supplement income which I would like. I do not plan on actaually showing houses. It looks like I can get my license for around 1500 total and just play a flat transaction fee with a broker.
1. Is this worth it from the transaction standpoint when i do generate deals and make a little side money with friends and family and 2. would it make sense as an investor buying 2-5 + doors a year?
Questions welcome, thank you!