Just started my 90 hour pre-licensing course...
3 Replies
Jordan Parr
from Thibodaux, LA
posted 8 months ago
I’m currently in the beginning of my 90 hour pre-licensing course (Louisiana), and I am looking for any beginner tips or strategies as to starting my career in real estate. I’m 24 years old and have been in the restaurant industry since 17. I don’t have much experience with real estate but i am open to anything and everything. Any books, you tubers, podcasts, etc. that I should look into.
I also will be looking to purchase my first house after getting my license, to save on fees, within the next year or two. Which would be the best loans to look into and anything I should prepare myself for ahead of time?
I plan to move every few years to explore some of this beautiful earth, and I would like to purchase a home each time and rent out the house I leave behind. Which would be the best ways to go about this in the future and anything that may cause any problems with this?
Guifre Mora
Lender from San Diego, CA
replied 8 months ago
Originally posted by @Jordan Parr :I’m currently in the beginning of my 90 hour pre-licensing course (Louisiana), and I am looking for any beginner tips or strategies as to starting my career in real estate. I’m 24 years old and have been in the restaurant industry since 17. I don’t have much experience with real estate but i am open to anything and everything. Any books, you tubers, podcasts, etc. that I should look into.
I also will be looking to purchase my first house after getting my license, to save on fees, within the next year or two. Which would be the best loans to look into and anything I should prepare myself for ahead of time?
I plan to move every few years to explore some of this beautiful earth, and I would like to purchase a home each time and rent out the house I leave behind. Which would be the best ways to go about this in the future and anything that may cause any problems with this?
Jordan, finish one project before you start with the second. Your income will be 1099 and you will need 2 years of proof of steady income. So you are putting the carriage before the horse asking for loan programs. Your future brokerage would have a preferred lender and you could go through them. Learn to sell and fill up your pipeline or you will be so poor no loan will be able to help you buy a home.
I suggest the following for you. The Recession-Proof Real Estate Agent.
Bryan Dumesnil
from Jeanerette, LA
replied 8 months ago
@Jordan Parr I just finished the Louisiana Salesperson course and exam and I am very close to getting my license. I took the online course through Burk Baker and it provided me with all of the information I needed to pass the exam the first time. Here is a couple of pieces of advice that I think may help you:
1. Pay attention to the material as best as you can. It helps if you're interested in the subject like I was, but I still had a hard time staying focused on some of the material.
2. Don't cheat the practice exams. With the Burk Baker course, you can take the practice exams as many times as you'd like. I would sometimes take these exams 3 or 4 times before passing but I feel like doing that taught me much more than blitzing through them.
3. Take the exam as soon as you are finished with the course. I waited about a month after finishing the course to take the exams. Although I did pass, I feel like I would have done much better if I would have immediately taken those exams while the material was still fresh in my head.
I know this isn't a ton of advice but I wanted to share it since I was recently in the same situation that you are in now. Please contact me if you have any questions regarding the course and exam and I'll gladly help you the best that I can.
Marlen Weber
Specialist from Plano, TX
replied 8 months ago
@Jordan Parr congratulations on this exciting step. Good luck on your pre-licensing course and purchasing your first home soon. Keep us posted.