And if you're trying to drive down NOI for a year to make the cap-rate look better, it's something that's relatively easy to skimp on.One other thing you could do is as your realtor for referrals to two other property managers. 

You can connect with local agents and tell them about your business and that you'll provide referral fees to them for sending business over to you.

Check home advisor and other referral networks to get multiple bids.

Check out the National Association of Residential Property Managers for referrals.

(I don't any referral fees, they don't need to pay them anyway) 

You also seem to have the opinion that agents don't do a lot, get a referral and make an easy 10K.

Thanks G.Founder.In that scenario, would it be legal for my friend's property purchasing company to pay me a referral fee after I've purchased the 2nd note.

I would simply check the different job websites (Monster, etc).On another note, if you have any information that will lead to us receiving listings from Ocwen; a referral or contact that we should speak with, I will pay you per transaction closed....Let me know and happy hunting.

You can also google the referrence above for the definition.

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