I have never had one licensed agent who said that produce the law that they claim makes the transaction illegal.Generally agents are trained to pass the test and how to handle standard transactions.

This is Texas, I think, but the problems and the way they are handled is nationwide: Sun Telegram.comMonday, Jun 25, 2007 Posted on Sun, Jun. 24, 2007 Homeowner associations flex their muscleBy MIKE LEEStar-Telegram staff writerAsa Henry's backyard playground is a kid's delight -- it's at least 10 feet high, with two slides, a fort, swings, ladders.

He wants to get dirty and feel the pride from doing the work himself.If you find more deals than you have time to handle yourself then what would you do?

Banks will pay for other services but those also can be handled by licensed agents (BPO, clean out scheduling, coordinating maintenance and some evictions).Unless you want to buy a large portfolio and have a large bank balance to demonstrate Proof Of Funds (POF) assume that most deals will be through a local RE agent.

If you are looking to buy one at a time then contact lenders and ask which Realtors handle their REOs.

There are many ways different states and counties (and some cities) handle tax lien certificates.John Corey

Dividends from the investment have been handled painlessly.

Typically what you see is:5-10% of gross rents collected (some set minimums in addition)50-100% of 1st month's rent for getting a vacant unit rented plus advertising (high in my book)50% of 1 months rent for lease renewal (complete rip off)Some will take a portion of late fees (bad)Many will charge you hundreds of dollars to handle evictions (even though they do nothing but call the lawyer who handles it all)Typically, they also charge $25+ per hour for handyman (who they likely pay WAY LESS)The fees are never-ending.

You cut down on costs for deals you do not do and you have a better handle on what needs to be done for any you have agreed to buy.Look, it does take some money to be an investor and that money can be spent on marketing and inspections just to find deals worth doing.John Corey

It if was not then there would be no liability benefits as it would still be you.You need to check with the local recorders office, title company or attorney depending on how you are going to handle the paperwork.You can send a certified letter to the lender letting them know that you have transferred the title.