I pay 16% management fee, but that includes all maintenance calls, snow removal, lawn care, rent collection, evictions, inspections, rental-ready, picking up trash, cleaning.

The market volatility has been picking up, uncertainty on the political arena is concerning, plus the fact that the housing market in Phoenix has gone up to pre-recession levels.

If you are doing simple math, Rent - PITI = Positive Cashflow w/o accounting for any aforementioned expenses, you are in for a rude awakening later on. $5K of rehab is not going to give you a whole lot of rehab.

But in the same breath its kind of simple.

Any NJ wholesalers willing to let me pick their brain?

But I like the term “house hacking” because it’s simple and most everyone knows what you mean.Among my least favorite words are “athleticism” (how about athletic ability instead) and “actually”.

Do I just pick wherever I want to do the closing at and be done with it?

New members, let's exchange knowledge, Seasoned Vets, i'd love to pick your brain and understand real estate from your perspective!

My question is simple..what is the normal compensation for the owner while they hold the mortgage.

Hey Ralph,Charging for parking is a simple case of cause and effect.