Introduction: Do You Need a Real Estate License
It depends on what form of real estate investment are you aiming for. If you’re wanting to acquire an investment property, here are several real estate investments kinds that you may perform without acquiring a license:
Real estate wholesaling
Wholesaling is one of the finest real estate investing methods for those with sales experience. Wholesaling is the process of contracting an investment property from a seller, then finding a buyer for the property and assigning the contract to the buyer at a higher price. Wholesalers purchase such contracts at a cheap cost and resell them at a low profit. This is similar to flipping homes, however, there is no upkeep needed.
The infamous buy and hold
The buy-and-hold strategy is one as ancient as the real estate investing company itself. The real estate investor buys a specific property and leases it out for rental revenue. The key advantage of this technique is that the real estate investor may be purchasing investment properties via financing, then lease the homes to tenants which provides a monthly rental income that pays the mortgage payments. The consistent rental income is a big draw to newbie real estate investors since the risk tends to be lower than other real estate investing techniques.
