Broker sponsorships for investors.

[Christopher M Mariner]

I signed up for the real estate classes and they will be completed at the end of february. I'm looking for recommendations on broker sponsorships for investors in Ohio. I will be buying and holding properties with no plans to sell any time soon.I plan on focusing on Lorain and Cuyahoga county to start if the location matters.  I have a full time job and the main purpose of getting my license at this time is to facilitate my own purchases and saving on commission costs. My only real requirement at this time is very low or no upfront costs. I'm not concered with the commission splits at this time.

I would appreciate any recommendations and insight. 

[Jacob Repreza]

Hi Christopher! I know you already signed up for classes so it might be too late for this but I wouldn't recommend getting your license if that's going to be the only reason. Are you going to be purchasing many homes throughout the year? 

I could be wrong and cleveland licensing is inexpensive and not too time consuming but I just know here in CA it was probably close to $2000 total after association fees, lockboxes, exam fees, monthly dues at the brokerage, etc etc. And thats of course disregarding the time spent in class and studying for the exam and putting the pressure on yourself to properly know the ins and outs of the contract since you will be representing yourself.  Just my two cents!