If you do have some concern have your agent pull up sold and pending comparables in the last 90 days, within a 1 to 2 mile radius of your home.

But that three percent is nothing compared to the low offers I'll get by sending the deal to the volume rehabbers or advertising it as FSBO.

Is this because the NE is that much more expensive when compared to other markets?

If you get a paycheck, don't spend it all on wants, save some and invest.Because of the author's background and interest, the book is considered a good real estate book.I think it's a good personal finance book in that it makes you think about money and future needs.Whether "Rich Dad" is real or not is not as important as the overall ideas the book talks about.I would compare RDPD book to "The Richest Man in Babylon."

Anyway, so I feel like compared to other people I may be too paranoid but then again you can never be too careful!

I assume the rents are just proportional when compared to each other. so the cap rates may be similar.

Comparables in the area according to rentometer.com was saying that yes, we could ask for 1100 if we wanted to.

I am looking everybody's $0.02 for the definition of ARV.When the typical investor is talking ARV (As Repaired Value)are they talking "Repaired" as in: A) repaired to average condition for the comparable house in the neighborhood?

mortgage will be about 750.00 a mo @ 20% of 200k Tax is cheap compared to other parts of NJ 400.00 mo.

.- This is what you do.Have a local real estate agent pull sold cash comparables in the area within the last 90 days.