Get my Real Estate Licence or not

[Eva Dees]

Hi there BP community! I've been a silent stalker for quite a while now. I'm finally to the point of (after saving for a couple years) having enough in my savings account ($8,000) to buy and slowly house hack a 2-4 unit with an FHA loan. I've had 2 multi family units under contract in the last year and both fell through (I blame myself).

I'm still in to the idea of house hacking but it seems as though the memo is out on multi family investing and the ones in my price range of $70,000 get snagged up rather quickly oooorrrr they are so dilapidated that it will not qualify for an FHA.

I've been listening to BP podcasts for about a year and a half now and because I have the shiny object syndrome, every investment strategy that I hear about sounds achievable to me. The reason hacking a multi family is appealing to me is because it's something I can do all by myself. And I tend to be an independent person. I work a full time job and 2 part time jobs. I raised my daugter on my own while going to school and working multiple jobs. I can buy a place my self. I can fix it my self. I'm frugal and have an eye for design. I've taken design classes, carpentry/construction courses, and grew up with parents that built and fixed things for a living.

Then yesterday, while sitting a my desk, minding my own business, doing my low paying (slightly unrewarding) graphic design job, I listened, for the 2nd or 3rd time, to show 246 on buying mobile home parks with Kevin Bupp. I've known this is an amazing strategy. But now I think I want to change lanes. I don't think my $8,000 is going to get me anywhere when it comes to playing with the M.H.P. big dogs buuuut I'm wondering if I should (which I've wanted to do for years) get my real estate license. Should I spend a good chunck of my savings on a licence if eventually I want to get into the mobile home arena? I know that there are times when having your licence is not recommended because of the type of investing you are doing so I don't want to jeopardize my lofty future endeavors. The main reason I want my licence is because investor friendly agents are.....they don't....no one knows wth I'm talking about when I say I want to BRRRR a propertyx They don't get it even when you explain it. And try finding a bank in Central Pennxsylvania that will understand what I'm talking about. I mean...I work 70 hours a week so I don't have a whole lot of time to chase these folks down, either, so maybe they are out there. Would you spend a couple grand to get your license if you were me? And bless you if you made it this far. Cheers!