Beginner in doubts about starting

[Mariusz Bojarczuk]

Hello everyone,

I have been reading and educating myself on real estate investing for 8 months now. I immigrated to the States 16 years ago and 2 years ago I saved enough to buy my home through FHA. I am now looking at real estate investing since I saw how little money is in my pension plan.

I have saved enough for a downpayment for a 200k house. I am excited and very anxious. It is all my life savings. 

Although I have learned a lot from books and BiggerPockets, I am a complete beginner. 

I now heard I may need a landlord licence and landlord insurance. This makes me even more nervous about being able to create a positive cashflow when I buy a property.

I kindly ask the members for any advice or sharing their beginnings with me. 

Sincerely,

Mariusz

[Teddy Smith]

I would say that if you are actively reading, learning the numbers, and keeping an eye on the market, you'll be fine.

%90 of real-estate is experience.  Screwing up is apart of the learning process!