Typically there are no desk fees, but there are fees for the website, mls, e & o insurance and small admin fee.

But I don't think you can list a property on the MLS for which you are not on title.

I would avoid Craig's List as well.Place an economical ad in the local Thrifty Nickel or other free weekly publication.

Where do I go to find out if it is legal for me to list a property I have under contract on the MLS?

-e

Another thing the IRS will look at is whether you actually filed Schedule E for the property.

I live in Los Angeles and the numbers just don't make sense here for cash flow to me.Some technologies/resources I use when evaluating some property are City-Data, Trulia, Zillow, Google Street View (to drive the town), City Tax Assessors web site, Realquest, Angie's List (a must!)

Sort of a master/grasshoppa relationship that I find insulting.A classic hallmark is that they shill for each other on-line in a never-ending barrage of affiliate marketing e-mails, that I am constantly trying to unsubscribe from.

Work that list (assuming you started with a good one), touching them at least 5 times.One of my larger targeted lists is about 2,000, but I also have a small list of 50 out-of-state owners in my area that have 100% equity - I treat that small list a bit differently (send them different postcards/messages) than the larger list.

I think typically it is two years proven by your tax returns (Schedule E) or 30% equity in the property.