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Updated over 1 year ago on . Most recent reply

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Amanda Miller
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As a REI, do you have a real estate license?

Amanda Miller
Posted

I understand it is not required to have a real estate license in order to be a real estate investor, but I am wondering how many folks do have their license and whether they find it beneficial. Thank you! My husband and I are new to the real estate investment world and have seen it recommended but I want to see if it worth the time and money beforehand. 

Most Popular Reply

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2,065
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Guy Gimenez
  • Investor
  • Corpus Christi, TX
1,666
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2,065
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Guy Gimenez
  • Investor
  • Corpus Christi, TX
Replied

Licensed since 1999, broker since 2007 (Texas), full time investor since 2000. Has it been beneficial for me? Absolutely. (1) saved a huge amount of money from not having to pay another broker to list my flip properties; (2) I can do property management for my rentals using my brokerage (3) gives me access to hard data to analyze potential investments (4) easy to make side income (commissions) by occasionally listing another investor's property. Obviously you don't need a license to be an investor but it would have cost me several hundred thousand dollars in the last 23 years by not having my license.  

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