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Updated over 8 years ago on . Most recent reply

User Stats

11
Posts
3
Votes
Damon R.
  • Herndon, VA
3
Votes |
11
Posts

New member in Northern Virginia

Damon R.
  • Herndon, VA
Posted

As cliche as it sounds, I first became interested in investing primarily to find our next dream property and ultimately gain financial independence, wealth and early retirement just like countless others before me. Having done some research, and thus far avoiding the Guru traps and “get rich quick” schemes, i’ve finally decided it’s time to get serious. I am soo happy to have found this site ! I have no experience, little know-how and even less resources to start. Just like a young new college student, I’m undecided on my major (niche) but plan to start out in tax lien investing and go from there. Again--- I am sooo glad to have found this site.... Aside from learning all I can here....I also plan to get licensed in the DMV (DC, Maryland & Virginia) area---primarily to learn even more about the industry, "earn while I learn" and use the knowledge to gain an even better insight as I build wealth through my investments. As an added bonus, I plan to provide my services to help my fellow veterans, active duty and other public servants find their own ideal properties to own, rent or invest in, as a veteran myself, and one way of giving back to the community. I look forward to learning, networking, sharing and discussing topics of mutual interests as I start on this new journey.

Most Popular Reply

User Stats

328
Posts
101
Votes
Carson Sweezy
  • Rental Property Investor
  • Fairfax, VA
101
Votes |
328
Posts
Carson Sweezy
  • Rental Property Investor
  • Fairfax, VA
Replied

I completely agree with David Maddox there is more to being an agent than access to the properties. My brokerage and several others have 100% commission structures with no desk fees, no splits, great for investors.

Beyond that, the purpose of a license is not only to learn the laws of being an agent, but to learn the business through and through. I learn so much from my investor clients by analyzing deals for them, understanding their financing and exit strategies, and the people part of the business. The people part of the business is the biggest part.

In the end you have to do what makes sense for you and your goals, analyze your options, reach out to people that are where you want to be, or have learned what you want to learn.

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