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Updated over 7 years ago,
Beginner in doubts about starting
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