Hi Jeff! I completely understand jumping out of the Golden Handcuffs and into RE investing. I also understand the pathway you've chosen through studying for the RE License. I've practiced nuclear medicine for over 27 years. I have an S Corporation and provide coverage for offices when needed. 15 years ago, I heavily studied RE investing because I wanted out of the medical field (it is brutal). After a lot of studying books, CD's, REIA meetings, etc...I acquired 15 properties across four states and managed them all myself. I also got a mortgage license so that I would know the details about how that worked. Long story longer... I lost all the properties around 2009. The properties were working me, while I was working 60+ hours per week in Nuc Med and property management (my own). I stayed in Nuc Med in order to qualify for the loans. That was the school of hard knocks and I paid hefty Stupid Tax.
After the initial crash, I bought a foreclosure (irony at its best). Fast forward to today. After several years of picking myself back up, working more Nuc Med, and selling that foreclosure that I rehabbed, I obtained my RE license. Not only to learn and know that process, but to have access to the MLS, Realtor education classes (there are several investor classes offered), and with my background as an investor, to help others obtain investment properties. All that being said, I understand why you'd want to obtain the license. But, being an active Realtor is not easy. Plus, if you need mortgage loans to purchase good investment properties, you'd most likely have better chances of qualifying with your occupation of Dentist. I agree with some others here about let the Realtors deal with all the regulations, paperwork, and transactions. You make sure you know how to run accurate numbers. That being said, I have learned a lot having the RE license. I was investor 1st, Realtor 2nd. I'm also in Vegas.
