Hello BiggerPockets  Community,I'm a contractor/consultant in Northern Virginia providing Home Automation (The Internet of Things - "Smart" devices), Security & AudioVideo design & installation services for both commercial and residential properties.

Hello everyone,  Paul Brodeur here, just wanted to introduce myself here on Bigger pockets, I am from north Grosvenor dale Connecticut which borders central Massachusetts,  I am fairly new to real estate investing but it  has become my passion ,  I have been listening to the BP podcasts and have learned so much from them , I have owned a few rental properties in the past but had no idea what I was doing to be honest, I made a lot of mistakes and wish I would have found a place like BP back then , currently I am concentrating on finding fix and flips and wholesale deals in my northeast Connecticut and central Massachusetts areas, I am looking to learn and network and build great business relationships , thank you for looking at my post 

Also just post on internet I.e craglists or any other apartment rent site just add sec8 welcome to apply.

If you're interested in some multifamily in the midwest let me know that is my 2017 concentration.

For success in any endeavor and creating common goals in humanity to concentrate on advancing civilization and being at peace. 3.)

I came to join BiggerPockets after scouring the internet for information on real estate investing.

It doesn’t address market correlations and characteristics for example such as if you had a geographically diverse portfolio but heavily concentrated toward growth markets, you would almost certainly get hit if growth markets took a hit even if you bought 3,000 notes.

As I am looking to do a 1031 exchange and seeking my first all cash wholesale purchase for the first time I started searching the internet for pointers.  

I actually found Charlie Reep by looking on the Internet before reading Josh's post above, but he is great.  

Rental Monthly Income $4,800.00 (8 rooms x 600) ------- 4800 x 12 = $57,600.00 Monthly Gross Operation Expenses Mortgage950.00 Taxes191.00 Insurance 166.00 Maintenance Housekeeping 216.00 Landscaping 60.00 Repairs 10% - 480.00 Operational Electrical 350.00 Water 150.00 Cable/Internet 150.00 Reserves 10% - 480.00 Total - $3,193.00 Annual Gross Operation Expenses Mortgage11,400.00 Taxes2,292.00 Insurance 1,992.00 Maintenance Housekeeping 2592.00 Landscaping 720.00 Repairs 10% - 5,760.00 Operational Electrical 4,200.00 Water 1,800.00 Cable/Internet 1,800.00 Reserves 10% - 5,760.00 Total - $38,316.00 57,600.00-38,316.00______________NOI $19,284.00 19284.00/46,000.00 (down payment) = 41% Cash on Cash Return (CCR)