July 31, 2025 • 5 mins
In the podcast episode, host Litra Simms discusses the prerequisites for transitioning to a full-time career in real estate. She outlines three areas to assess readiness: financial stability, part-time experience, and preparedness for the stable transition. Financial indicators include having six months of living expenses saved, a regular income from real estate that covers bills, and minimal high-interest debt. Gaining experience as a part-time real estate professional is advisable to understand the industry demands, build a portfolio, close deals, and establish repeatable systems. Finally, full-time transition readiness involves having systems in place, consistent part-time success, and a strong financial foundation.
Mark as Played
Popular Podcasts
Stuff You Should Know
If you've ever wanted to know about champagne, satanism, the Stonewall Uprising, chaos theory, LSD, El Nino, true crime and Rosa Parks, then look no further. Josh and Chuck have you covered.
The Joe Rogan Experience
The official podcast of comedian Joe Rogan.
Dateline NBC
Current and classic episodes, featuring compelling true-crime mysteries, powerful documentaries and in-depth investigations. Special Summer Offer: Exclusively on Apple Podcasts, try our Dateline Premium subscription completely free for one month! With Dateline Premium, you get every episode ad-free plus exclusive bonus content.