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Updated almost 8 years ago,

User Stats

102
Posts
10
Votes
Jeremy Karja
  • Rental Property Investor
  • Elk River, MN
10
Votes |
102
Posts

Should I get my RE license? Pros and Cons?

Jeremy Karja
  • Rental Property Investor
  • Elk River, MN
Posted

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!

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