I currently own and manage 7 single family properties. I've thought about getting a property manager in the future, but I really don't understand why they require a percentage as opposed to a fee for the work done. Th...

All:So ten years in and now I'm officially a landlord as I just got served with my first lawsuit. It's in magistrate's court and the tenant is asking for her last 6 months in back rent (~5k) as she says she has not be...

Quick rundown of the scenario: I bought a house outright 1 year ago to fix/flip. At that time I had excellent credit. I paid cash for the house and used credit to pay for the fixing. 1 year later the house is done, bu...

Hello all! I am in a dillema and that is whether I should purchase an engagement ring or use the money to put down on my first house. Here is some info about me:My girlfriend and I have been dating for 6 years (since ...

I'm at a seminar in Dallas . The guru is Phil Grove. The sales pitch is now happening. Does anybody know if this is worthwhile? A ripoff?

To many people the idea of being constantly watched and monitored may not seem like anything new. Minorities, in general, have never been so trusting of the powers that be to think that they wont abuse said power in t...

Maybe I am inexperienced since this is my first time try to lease my house. Or maybe it's only the second day I posted the ads. But I only received two inqueries regarding the new posts. My questions are

Am I listing...

Do any of you give Christmas gifts to tenants?

If they are "good" tenants, I'll hand deliver a gift card from the local grocery chain. They can use it for gasoline or groceries. Depending on the tenant, the denominat...

I posted a few thoughts I had on another post.  However, I think I have more solid thoughts and questions now.I really want to do buy and hold real estate investing.I have about 20K in a PLOC, a credit rating about to...