All Forum Posts by: Rand Knutson

Hello! My situation is that I am currently in a university that offers classes that qualify for the hours required to take the Arizona Real Estate Licensing Exam. I only need to take one more course to qualify to take the exam. I know I am going to invest in Real estate after college as I have capital saved. 

My problem with getting a license is I am not sure where I'll end up after college, so if I choose to invest in another state my AZ license will be useless for my investing. I also do not want to pay the fees to maintain the license such as brokerage fees, membership dues etc. if I am not going to use it.

My question is once I have a license, are there fees that I have to pay no matter what in order to maintain it? Could I get the license, not pay for any annual fees, but then use the license a few years later if I come back to Arizona? or would the license be revoked if I don't use it?

Thank you!

@Jonathan Towell  @Jason Haala @Michael Lee @Aaron Lovett

Thank you for all of your words of encouragement! I am very motivated and will try to buy a property when I'm a second year college student and I will live in one of the units.

@Lane Kawaoka I am going to be studying computer science, and maybe a minor in business/real estate... Hopefully I can learn a lot more there!

@Michael Biggs I am actually going to major in Computer Science, I am not looking for real estate as my career, just an investment opportunity that I could spend a lot of time in.

@Account Closed I am not particularly planning to retire early, I would be happy to keep building my assets and holding them for the long run, but it is very early, and I do not know how my thinking or situation will change.

@Matthew Gangi That's awesome. I wish luck to you! I agree we will definitely thank ourselves later.

@Darius Hollis @Jason D. Thank you for your encouragement! I am motivated and will learn as much as possible before I take any risks. When I am very knowledgeable on the topic, do you suggest real estate investing before putting money into a Roth IRA? I am willing to do the work of Real Estate, so are the returns and benefits much better with RE in comparison to a Roth IRA?

Hi, I am 18 years old and have around $12000 saved up. I was thinking there must be some way to use the money meaningfully, and then I came across a YouTube video of Robert Kiyosaki's tips from Rich Dad Poor Dad. He says that smart people don't save money, they invest money. I was thinking of opening a Roth IRA and investing the max $5,500 so the money would at least be growing, but then I started researching real estate investing, and heard many think it is the best form of investing. I am thinking after I read a ton, listen to podcasts, videos etc., and learn a LOT on the subject, I would buy my first rental property within half a year.

Is this a tangible goal for an 18 year old going to college next fall? Is there really enough benefit in real estate investing that would warrant this purchase? I would like any advice as I am only 1 day into my researching mission.

Thank you!

Hi, I am 18 years old and have around $12000 saved up. I was thinking there must be some way to use the money meaningfully, and then I came across a YouTube video of Robert Kiyosaki's tips from Rich Dad Poor Dad. He says that smart people don't save money, they invest money. I was thinking of opening a Roth IRA and investing the max $5,500 so the money would at least be growing, but then I started researching real estate investing, and heard many think it is the best form of investing. I am thinking after I read a ton, listen to podcasts, videos etc., and learn a LOT on the subject, I would buy my first rental property within half a year. Is this a tangible goal for an 18 year old going to college next fall? Is there really enough benefit in real estate investing that would warrant this purchase? I would like any advice as I am only 1 day into my researching mission. Thank you!