Real Estate License

[Christopher Holba]

Hello everyone,

My goal before my 24th birthday is to 

A. Get my real estate license

B. Generate $1000 of monthly passive income from investment properties. 

My question for you all is what is the best path to get my license. I have a somewhat unique situation, where I will be living in Florida for my current job from January '20 to August '20, but will be practicing in my home state of North Carolina. North Carolina requires I complete a state-approved 75-hour broker pre-licensing course in a live classroom and take the exam in North Carolina. 

This presents me with a little bit of an issue. Do any of your guys have any suggestions? I really want to avoid having to wait till August when I get back to take the course...this sets my plan back half a year. 

Thank You for your Time! Anything Helps!

Chris

[Charlie Cameron]

Hey @Christopher Holba!  It doesn't look like there is reciprocity with Florida.  So it might be difficult.

You could get your license in Florida, but only have it for a few months?  You can take that course online so you could start it today.  Took me six weeks to get licensed by working on it a couple hours a day.  Of course you might put all this effort in just to start over in a year.  Where in Florida will you be?  

You definitely don't need your license to become an investor making $1000/month.  But, there are options to do that WITH your license as well.  

Could you maybe get in to investing by purchasing a small multifamily for your move to Florida and then renting it out when you go back to NC?

Wish I could be more helpful.  Best of luck to you!