Notes and Real Estate License

[Kishore P.]

Hello Learned Friends:

I'm passed my Real Estate Agent License in May 2017 for the State of Michigan and I'm not currently affiliated with any Real Estate Broker.

Without a doubt the class, the test was my way of introduction and foray into real estate and will never regret that decision. However, I have a day job as an independent consultant and don't aspire for another job as a Real Estate Agent.

Goal: Is to invest in Notes personally, create and broker Notes.

Question: 

Given my Goal are there PRO's and CONS with having a Real Estate License?

Can you please state and elaborate Why? are you for and Why? are you against.

Can you also State in your response if you are a Real Estate Agent/Broker?

Appreciate, all responses in advance.

Thank You

[Jeff Wallenius]

@Kishore P. I would say it depends. If you looking to invest in notes in your local area, having your license may be a benefit as you will be able to pull comps quickly. This can be done without your license as well. If your looking for notes in another state, I don't see an advantage to having your license.

Why type of notes are you looking for? I'm looking for performing note investors all the time for our properties.