this is a career. wholesaling is a dead end road.. for 99% of people it just is. the Real estate setting lets U network with other like mind professionals.. when your wholesaling your on an island and your competing against all the other wanna be no money wholesalers..

So, I've got a single family house in Hawaii, on the island of Oahu. 

Can you add an island to the room? 

Chris Grenzig are you still flipping houses on the island?

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 live in Long Island but would love to touch base soon

hello everyone,I live in Long Island ny.

Here is the details:Cashflow = Rental income - HOA - Insurance (Ho6) - Property Tax - misc operating expenses + Tax savingsReturn on cash = cashflow / cash investedTax savings (assuming 25% federal income tax + 10% CA state income tax): Depreciation tax savings = $480000 x 0.7 / 27.5 x 0.35 = $4276   (based on this property tax record, 70% of accessed value is improvement, 30% is land, we cannot depreciate land)HOA tax savings = $310 x 12 x 0.35 = $1302Property tax is around $5760, and tax savings on property tax is ~$2016So total tax savings: $4276 + $1302 + $2016 = $7594 is more than enough to cancel out the property tax and Ho6 insurance (which is very inexpensive for a 2 bedroom unit, I pay around $200/year for my 2 BR townhouses/condos) and misc expenses I use a sophisticated excel software to analyze deals in detail, especially when leverage is involved. 

lend private money, buy apartment's, build a hotel, buy vacation rentals around the us and virgin islands so I can travel more?  

Would love to hear from buy and hold investors in Rhode Island and Connecticut!