Investor, Thinking of getting a real estate license.

[Edward Shen]

Hi everyone, I live in PA and is trying to invest into real estate to flip or rent like most investors are doing... However I feel that i had been running into trouble in getting to view houses in time with a realtor and making a offer before the house is already under contract. Plus i was thinking that I can save or earn the commission for buying and selling my own House. I have two questions:

1) What are the pros and cons of having a real estate license as a investor.

2) What is the fastest and best way to getting your PA real estate license. I will most likely need to take it online on my own pace due to work.

Thank you!

[Robert Stranix]

Edward I’m a investor in Philadelphia. I invest with my brother, Mike Stranix who is also a licensed real estate agent. My advise would be to find a agent that knows what they are doing and knows what you are looking for. When me and my brother buy properties we never take the commission because we want to incentivize that agent to bring us more deals. A 3% commission kicked back on a property your buying is nothing compared to 10, 20, or 30 years of owning a property that pays you rent every month while your tenants pay down your mortgage. That’s not to say that you shouldn’t get your license. My brother has his license and he uses it every day to search the mls and make sure we are both notified as soon as a property becomes available. In my opinion a real estate license is a great tool to use as a real estate investor. Where in philly are you currently buying? Me and my brothers properties are primarily located in university city and the surrounding suburbs.