![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/396124/small_1621448916-avatar-troyz2.jpg?twic=v1/output=image&v=2)
“The 2% Rule” seems to be a fast favorite among new investors, and since I’m a tell-it-how-it-is (or at least tell-it-how-I-think-it-is) kind of guy, I figured I’d write a post to call it out.Before I go into why I th...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/52137/small_1621411631-avatar-joeinoh.jpg?twic=v1/output=image&v=2)
Well today turned out to be one of 'those' days.
Rental house #1: Furnace breaks down, requires $300 to fix
Rental house #2: Hot water tank sprouts a major leak, needs replaced, $500
New Rental House #3: Disco...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1351926/small_1694720755-avatar-kevinm668.jpg?twic=v1/output=image&v=2)
I am in a unique situation in which prospective tenants reach out to me to find them a place to live and rent. More unique than just that but for the sake of the conversation and questions I need answers on, the above...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1634785/small_1694572323-avatar-joshf113.jpg?twic=v1/output=image&v=2)
So I'm struggling and hopefully I can get some help....
Here is my situation - I closed on a tenant occupied SFH back in April in an up and coming part of town - no tenant contract in place. I was initially concerned...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1476969/small_1621512692-avatar-anthoneyh3.jpg?twic=v1/output=image&v=2)
in being my first investment adventure, I thought everyone in my family (wife, daughter and son-in law, even my parents) could see what an incredible opportunity this was. My wife love HGTV. Everyone said they would l...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1293953/small_1695648924-avatar-berridge.jpg?twic=v1/output=image&v=2)
Hello, I have an old IRA from a company I worked for years ago. There is about 40k in the account. I don't contribute to it so it just kinda sits there. I'm 38 yrs old and will be purchasing my first brrrr this year a...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/207298/small_1621433235-avatar-michaelklinger.jpg?twic=v1/output=image&v=2)
A few days ago one of my management companies resigned with 30 days notice. However they also immediately locked me out of the "live" information on the Appfolio account at the time of emailing me their intent to res...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/1639410/small_1674881567-avatar-codyn29.jpg?twic=v1/output=image&v=2)
So I recently bought a property early March of this year with plans to refinance after six months using my rental income as proof of income for the refinance but my bank won't let me refinance out of my current loan w...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/72927/small_1621414711-avatar-msiekerka.jpg?twic=v1/output=image&v=2)
After a couple of bad renters I've finally decided to sell the first house I bought. It doesn't fit my investment strategy and was not originally purchased with the intent to rent it. That being said, I'm a littl...
![](https://bpimg.biggerpockets.com/no_overlay/uploads/social_user/user_avatar/183161/small_1621431595-avatar-k_t.jpg?twic=v1/output=image&v=2)
Background info: We currently own our house and a triplex in CA and 2 fourplexes in AZ, and we have some money saved up. We would like to get into the 5+ unit realm of investing, in another state. We plan to move...