We can save the $630 dollars a year in management fees.

However, the Colorado Foreclosure Protection Act specifies that they must refund their fees to the homeowner on request.

Does anyone have a list of websites where I can post a house I have for sale that is not fee based?

There are closing costs that will come out of your down payment, 2% plus the loan origination fees.

I understand this is not a legal forum but would like to hear from experience investors.What is the best way to handle finders fees; i.e if you have an associate looking to move a property and you bring her a buyer, how do you receive a fee and protect yourself in the process?

I'm not a licensed Realtor but as far as I know you should just refer the buyer to a Cali agent and collect a referral fee.

You will want to do yellow letters and emphasize the benefits you offer landlords:-Elimate tenant hassles and headaches forever-No more chasing tenants to pay the rent-We never charge any fees or commissions -We can close on the date of your choice-We will buy your house “as-is”-It doesn’t matter if the property is vacant or occupied

A common rule of thumb is that all expenses, including taxes, insurance, utilities (at least when its vacant) vacancy, advertising, tenant screening, maintenance, property management, tenant damage, legal fees, etc., all add up to about 50% of the rent.

Finding properties for another party for a fee without a real estate license is the illegal practice of real estate brokerage.

(In a case involving communi8ty property:) A creditor who violates this order can be required to pay damages and attorney's fees to the debtor.