I also include a link to thread of an agent who had a problem collecting his referral fee, and would like to avoid that and I'm sure he doesn't want to go thru it again.

My PT practice has been the center of my attention over the last few months.As to the trust deed business, I've been buying, but the market seems to be tightening up - there is a lot of money out there and not so many good/great notes.

10 years is the general timeframe to collect on all debts owed to uncle sam.

. - There would not be a rush to flip the property.Questions: - Would I be able to collect any monthly income, or would I have to wait for sale of the property?

., (who is not in Calif.) and the others who were kind enough to share.Obviously, being a trade association, we consider ourselves the "white hat" guys and already believe we are doing things correctly, but we know even our practices can be greatly improved.

Pay a property manager 10% of collected rent.

I collected 750 per month and I had a 261 per month pmt and about 140 in property taxes and insurance and I had a 400 a month heat electric bill.

Higher end property like the one you talk about is less risky and collections are easier but to manage that debt on negative cashflow seems more risky then its worth to be in a great hood.

My practice is criminal defense, but anticipating problems I am learning about landlord/tenant law and evictions.Any help is appreciated!

If I were to convince the investor to assign the deal would the agent be able to collect a referral fee ($1500) on top of commissions if it closes?