New Member Looking to prepare for first deal

[Ryan Rogowski]

Hey BP! Just a quick introduction. First I love this site, the forums, and podcast (which is always playing in one ear)! I'm in the southeast Virginia area, and studying the markets close by. I currently work for a contractor who's just got his feet wet with a fix and flip. This has made me stick around to learn more from him since REI has always been an interest for me. Recently I've decided to use my after work time to study for the real estate license exam. I know this is a bit of a debate for most real estate investors, but I would like more input. I personally think it will allow me more revenue than I'm making now, and allow for easier access to investment deals down the road. Thoughts? Thanks for any input, and glad to be a part of this community!

[Grant Cherrington]

Hey Ryan,

Great question and one I've just dealt with. I'm also employed full time and was getting completely frustrated trying to get realtors to work around my schedule and I was working with four of them. I finally decided to get my license so that I can work at my own schedule and pace. I've had it now for about 2 months and feel like it was well worth the time, money and effort. Having access to the MLS has been HUGE! I run comps, get access to properties, and submit offers at my convenience. As I build my real estate business, I plan to build a team around me that will begin to assume more of this responsibility, but for now, it's me. Not to mention the 3% (+/-) we leave on the table. I say "Go For It!" Hope this helps...