Get Rich Education 362: Real Estate's New Space Race, Should You Obtain Your RE License?
Steep rent increases are spreading like a… pandemic.
Some metros are seeing annual rent increases of 10% to 15%.
It's all part of real estate's new "space race".
It’s easier to get big rent increases *between tenancies*, not with your long-term tenants.
GRE’s own Aundrea Newbern joins us to answer, “Should you become a real estate agent?”
Aundrea has her RE license in GA and is now training in her new home state of MI.
Pros of obtaining your license: more information, better access to MLS, training, networking, and income from representing buyers & sellers.
Cons of obtaining your license: your time, upfront cost & ongoing fees, splitting commissions with your broker, disclosures and liability, traditional licensee activity has little to do with investors.
Summary: You need to use your license for at least 2-3 deals per year to potentially make it worthwhile.
For real estate in MI and GA, e-mail Aundrea at: aundrea@getricheducation.com
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Show Notes:
Contact Aundrea:
aundrea@getricheducation.com
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