Some of the big box brokerages require new agents to train in person and do floor time (it sucks), etc, etc., but it's not worth it because you pay for their offices in your split and fees.

. :-)There is a big advantage to that though too in that you get to see all the realtor comments that don't show up for us non MLS people on sites like realtor.com, etc.

The property is set up with contractors and onsite management that helps reduce the workload but likely at least 5 to 10 hours a week is what I would estimate.

Also, for me the fact that it is on the bus line and not the train like say Newark or even East Orange makes it one of the least desirable areas to go from a really bad area to a decent area vs. places like those I mentioned. 

I have enough problems with this house already that I think it will serve as good training/experience.

Do you want training? 

They seem to have a good amount of training (not overwhelming) to help the novice get started.Also, I realize I haven't posted to the forums in some time, so I figured I'd give a little update on what I've been up to in the last 6 months.

For example adding onsite parking if all your competitors already have one, or taming a jungle that makes the property look uncared for.3.

Find one that doesn't have a desk fee and only collects their split when a house transfer.You don't care about training or anything like that, right?

I could look into converting one of the decommissioned units into an onsite coin-op laundry for additional income, or convert to rentable storage.Unfortunately, I have to supervise a job this evening and have a prior commitment tomorrow evening, so I will have to just do my best to make it to the next meet-up, I think that they are fantastic networking events and I'm doing my best to spread the word to friends who are interested in real estate.