Hello my name is Matthew. i found BiggerPockets years ago and have been interested in real estate since i was in high school. i made excuses and let life get in the way for many years.....bad decision seeing i wasted all that time. fast forward to now i am married and have an almost 2 year old son ( wow he grew up so fast). right now i have a decent job with a very caring company but it just isnt enough. though i can save some i wont be able to provide the life for my family i feel that i should. i have been rebuilding my credit for the past 18 months. now is the time for change, yesterday was the time for change I WILL GO DOWN THE PATH TO A BETTER FUTURE. i have listened to almost all the biggerpockets podcasts, read/listened to many books, i am a delivery driver on nantucket island so i listen to audiobooks and podcasts all day while working. i have been started looking for deals but still having a little difficulty analyzing deals. currently i live on cape cod Massachusetts and commute to nantucket everyday. i use the hour long ferry ride each way to search for deals. i have alway been interested in owning enough multi-family homes and apartments to supplement my income. i am currently away from home and my family 14 hours a day, sleep 6 to 7 hours which leaves me spread pretty thin. i am grateful for such a wonderful community that is biggerpockets for coming together and sharing, teaching, helping and building one another. now that i have kind of ramble on i will get back to the point. i am interested in the BRRR strategy particularly with multifamilies 3 units and up. i would also love to learn how to analyze deals better so i can either wholesale them to or partner with other investors. i am not opposed to investing out of state but dont have a team formed yet either in or out of state. i have been all over the country and live in oregon, arizona, north carolina, maine, new hampshire, maine, alaska, and now massachusetts it is great to be here, i appreciate you all and cant wait to know you betterMatthew Hudson

I would save anywhere from 1 to 2% of purchase price for repairs or 1% and supplement systems with an AHS warranty.That ~330 isn't even including your PM fee.You're probably really looking at ~400 per month in cashflow.  

I will keep the existing property insurance in place a supplement it with a second policy. 

I plan to aquire rental properties to supplement my retirement.

I will be conducting all of my business in New Jersey with the goal of flipping homes to supplement paying down a large rental portfolio.

Charles - yes, affiliating, next step... office politics - I'm allergic... top dawg - no interest.Michael - yes, I'm hoping you are correct and that the dual license proves to be advantageous.Andre - good luck on your test!

You will be left with the cards I made)).Mastering Real Estate Principles by Gerald Cortesi (5th edition) - good supplement for your studies.andThe Study Guide for Modern Real Estate Practice (19th Edition) with some notes, scribbles and highlighting.First come. 

That is a high priority for me to develop supplemental investment income from real estate to add with my recreational income so that I can purchase more real estate assets over time.

Collecting supplemental passive income from rentals now is part-time while he is working;Wholesaling and fix-and-flipping is very time consuming, so I can see why it would make sense to want to start renting out properties before being able to devote the time it takes to be a full-time investor.Where it seems slightly "backwards" is that the money to buy the rentals can usually come from assigning contracts and the profits from flips...

Finding an agent that is full time, and not in the business for extra income, supplemented retirement, or just for fun is important as well.