Age Old Question: Should I Get My License?

[Carl Flint]

I am new to the real estate world. I have read a few BiggerPockets books and indulge as much as possible in podcasts, this website, YouTube videos, etc... in order to learn as much as possible about this industry. I have decided that I will pursue investing. My goal is to own multiple properties and generate financial independence through real estate investing.

Currently, I own a consulting business and work for myself. My monthly income ranges from 7k-10k. I know that this seems nice but it is in a field that I do not want to work in for long and the stress of the work I do is something I am not passionate enough to endure. So, real estate is where I want to go!

I have managed to get a little bit of a savings (close to 25k). This I will use to get started in investing. I have bad credit that I am working on repairing. I have a very low DTI ratio. And I am a people person with enough motivation to power a ship. lol.

So, here is my worry: I want to make the jump and invest myself fully into real estate property investing but I am worried that I will run out of money and go belly up fast. I was pondering the idea of becoming an agent during my first few years as an investor to network further with the real estate community and provide some sort or paycheck as a safety net for me along the first few years.

Thoughts?