Question Details

Tyrone Brack…, Both Buyer and Seller in Lexington, KY

Can anyone ever become a success in Real Estate without a license?

Asked by Tyrone Brackens, Lexington, KY Tue Sep 16, 2008

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5
Most real estate investors don't have their license. Donal Trump and Robert Kiyosaki don't have their licenses yet they are both billionaires!
1 vote Thank Flag Link Tue Sep 16, 2008
Only as an investor or principle in a appreciating market or if they are willing to hang in there long term.
1 vote Thank Flag Link Tue Sep 16, 2008
Tyrone,
If you are a contractor or plumber or electrician it's possible to find homes that need updating and if doing that will increase the value and saleability and if you can do the work yourself in a timely manner and have good credit and income and some money for the down payment, you can do very well! The one thing to avoid is having the home empty, so while you are fixing it up or before you shouldj arrange to have it sold or rented. It wouldn't be a bad idea to have the advice of a real estate agent from the get-go (not necessarily the one trying to sell you the property as they may have a conflict of interest. Sometimes an owner might give you an option or go partners. Just make sure your investment is wise, legal and insured!
Good luck!
Web Reference: http://joliemuss.com
0 votes Thank Flag Link Thu Sep 18, 2008
There are ways to make a comfortable living .....handy man work, yard, pool maintenance, cleaning, painting etc.
0 votes Thank Flag Link Tue Sep 16, 2008
Of course. To be a buyer and investor you don't need a license.
Web Reference: http://www.cimpler.com
0 votes Thank Flag Link Tue Sep 16, 2008
Artur Urbans…, Real Estate Pro in Burlingame, CA
MVP'08
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