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If I have my own investment co, could I be the real estate agent(licensed) and investor? Thank you!?


If I have my own investment co, could I be the real estate agent(licensed) and investor? Thank you!?

If it is your company, and yours alone, then yes. If it is an LLC or Corporation, it is still okay, just more complicated.

Many people have reaped enormous financial rewards by doing exactly what you are thinking about doing. The important thing to do is disclose, disclose, disclose. All parties to the transaction must be notified in writing, usually the contract is the first place to write it, that you hold a license.

What gets people in to trouble is when they seriously lowball some little old lady out of her home then fix and flip it. Relatives can drag you through court for days and judges don't look kindly upon that!

Get your license, start buying and selling for your own portfolio, and stop paying people like me to find the property and walk you through the legal land mines! Best of luck to you, I hope you make millions!

In most states that would be fine, you need to check on your state rules. Just make sure that you disclose everything up front and make sure you use all of the appropriate forms required in your state!

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