I’m an investor and as such my goal is to get market rent for my property.  

My experience has been that even if there is a shift in housing, even if it is as bad as the 2008 crash, that while house values may drop (and will eventually come back), people will still need to rent and as long as you are in a good market, and your properties are managed by a good team, you should continue to make cash flow. 

With 5 bedrooms, you can have an Office and a Playroom.

A 30 year rate with 25% down and a 1% orig fee is 5.625%.

Hello everyone! I'll be short and sweet as I imagine there are tons of new Intros every day here. A huge pleasure to be here and have found the forum and podcast!I'm new to the Real Estate world, just back from a 2-ye...

I am also young and a new investor but I am getting ready to market to home owners and begin cold calling and aswell as some other methods of generating leads.

I haven't allowed for much of a ramp up period and as a result, haven't budgeted the funds to cover the expenses in the beginning.

As a beginner, I think you should consider using a real estate agent to purchase the property and a property manager to manage it.

@Etahn Smith In Bergen County having laundry on the premises is a nice value add and a great selling point, just be sure that the machines stay in good repair and that the ratio of machines to tenants is favorable to avoid tenant disputes. 

It's a pretty light job, needs new flooring, interior and exterior paint, resurfacing the kitchen cabinets, counter tops, landscaping and a few other minor things, doors, trim, broken toilet, ect.