I’m excited but I have no idea what I’m doing. :D

[Jose Vazquez]

Initially, my idea was to house hack in order to save money for a nicer home in the future. However, after doing much research, I want to invest in as many units in my lifetime as possible. I’m closing on a property in a few weeks and I’m very excited. I bought at duplex, 3.5 down, FHA; My mortgage is estimated at 508 per month and the first floor is currently being rented to 650 bucks. The property is Average+. After listening to the podcasts I came to the realization that although I’m happy with my first deal I have absolutely no idea what I’m doing. Lol. Which doesn’t scare me because, in my opinion, “figuring it out” is what excites me most. I would love to learn more about operating expenses, cap rates, what’s a good deal vs a bad deal, etc... pretty much how to crunch the numbers in order to find a good deal vs a bad deal. I’m open to any suggestions: any books that can teach me how to calculate and assess properties would be awesome. Although I admit I’m a little in the dark, I’m still hopeful and very excited to get started. I just need the proper education. Any suggestions in reference to books or courses would be greatly appreciated. Thank you :)

[Dave Visaya]

Hello @Jose Vazquez, welcome! It's great to have you. Check out the webinar (https://www.biggerpockets.com/webinar) if you haven't yet. Highly recommended!