With rising interest rates and the widening wealth gap, first-time homebuyers are by locked out of the housing market, it seems long-term rental demand is solid but of course it would be important to get quality tenants in the better parts of town.

It cost me about $15,000 in legal fees but I got off the deed and received some cash from the sale.

The values have gone up and our cap rate is now less than a hands on property would be (we have several, that's all we do).

If you're going to lose a lot of money the realtor fees are the least of your concerns. 3% on a million dollars is only 30 grand.

An acquaintance of mine who does property management recently told me that there's some hack for paying off your mortgage sooner by paying the monthly fee in 3 chunks within each month.

Or are you okay having this rental at a low rate?

If so, what is a good way to ask my tenants to cover the fee?

Also rental rates are dropping, and we are already seeing rental loan rates in the 5% range, I would expect to see rental rates under 5% by January.If you are going to be a real estate investor for the long term, why don't have your Real Estate License?

We were going to then take some of that money and take a chunk out of a higher interest rate credit card.  

Consumers can already hire agents at discounted rates.