We’d strongly prefer to exit with at least a break-even outcome, or pivot to a hold strategy that preserves the capital and gives us another shot at resale in 2026 when market conditions might improve.

However, if it helps with tracking and managing on the backend, you can break it out separately in your books by using separate accounts for state and county portions.

I'm facing a dispute with a tenant, Japmanpreet Singh, who is attempting to break his lease early, citing alleged "unsanitary conditions" in a shared bathroom.

.- The tree swing that you mounted one summer for the kids, and the rope is now about to break.- That door switch in the bedroom that you've notice has always been curiously hot.I mention each of these things, because I am aware of claims - and settlements - related to each of them, two of them my own homeowners, that have occurred over the last 20 years.

But if I were to break it down, I usually see taxes and insurance are up to 20% of the Effective Gross Rent (Rent less vacancy cost).

Whether you’re using hard money, private lenders, or a combo, understanding who funds both the purchase and reno (and under what terms) can make or break a deal.

The list goes on and Baltimore knows how to stick it to you. 6) Section 8 tenants are not all roses - in one house this year i had a break-in that turned out to be the crackhead boyfriend breaking down the front door and punching holes in walls.

Other risks, the contractor walking off the job, a storm hitting and delaying the project for weeks, someone breaking into the home and stealing stuff (which happened just the other day to a client of mine), a squatter, or drunk driver driving into the house (happened a lot at my old job as a firefighter lol).

We’d strongly prefer to exit with at least a break-even outcome, or pivot to a hold strategy that preserves the capital and gives us another shot at resale in 2026 when market conditions might improve.Property OverviewAddress: 2326 Mark Trail, Decatur, GA 30032Purchase Price: $198,000 (Sept 2024)Financing: $248,900 Hard Money Loan (HML) — extended until Sept 23, 2025Monthly Holding Costs: $2,800All-in Costs (w/ agent fees, holding, rehab, staging, overages): $354,174Originally a 3 bed / 1 bath with a bonus room.

Hey BP Family,  I’m a 24-year-old truck driver breaking into wholesaling here in Long Beach, CA—I know it’s a hot market, but I’m all in!