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Updated over 3 years ago on . Most recent reply

User Stats

11
Posts
2
Votes
Ricardo Juarez
  • Rental Property Investor
  • Birmingham, AL
2
Votes |
11
Posts

Should I Get My RE License ?

Ricardo Juarez
  • Rental Property Investor
  • Birmingham, AL
Posted

What’s up BP nation!

I’m a newbie to RE investing and I have a couple of questions that might help point me in the right direction. I recently got back from AIT, which is where I was when I was introduced to BP. Needless to say I’ve been obsessed with RE investing ever since.

My goals with RE are to build a portfolio of MF properties. On my journey I see myself diversifying into some STR and maybe some flips to help fund my ultimate goal which is buy and hold.

I am 19 y/o and I don’t have credit. This is something of an issue I am currently facing. I’ve applied for multiple credit cards but haven’t gotten pre-proved for any yet. My first question would be What is a good method you would suggest someone use to build credit starting from 0?

I’m not sitting on huge sums of money so I intended to use leverage to buy my first property.

Right now I am working an overnight job which allows me to listen to hours of BP podcasts. So aside from listening to podcasts, lurking in the forums, analyzing properties in my market and saving money I feel like there is more I could be doing. This leads me to my second question.

Should I get my real estate agents license? Because I have the ability to go to college for free (g.i bill) I have also been considering going back to school to study something that could be beneficial to my business. (accounting,business management, marketing, ect.) What advice would you give someone in my situation?

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