Focus on understanding financing options like FHA, conventional, or creative strategies, and practice analyzing deals to build confidence.

I am confident that the numbers are sound, but I would like to obtain multi-year projections and analyses of different scenarios.

I manage my parents rental portfolio which consists of 1 mobile home park (20 units), and about 15 other houses. A lot of them are in poor shape and I am slowly trying to fix them up one by one. However, I don't have ...

The time back will free up more time to increase your active income, or acquisition of more rentals to get you more cashflow (passively or actively).

A lot of lenders used to apply 35% for expenses, but in the last several years, the numbers for supplies, labor, utilities, taxes, etc… have increased significantly.Also take into account the age, occupancy and how has the property been maintained, this will affect the expenses too

The average increased from $326,908 in 2023 to $352,257 in 2024.

@Quan Pham have you investigated at all the potential increases in property taxes and home insurance (need to have landlord policy) and included them in your cashflow calcluations?

The BEST method for real estate investing is very simple: increase earnings, reduce expenditures, save, and invest from your own funds.You should focus on increasing earnings and learning how to manage your budget.

I have confidence you have not as your maintenance/cap ex estimate would be significantly higher if you have actually calculated a value.

There's no sense of self awareness.