I've been listening to the BP podcast since is started and fell in love with real estate.

This was the second property that I was able to get under contract (the first one fell through when the seller would not negotiate after inspection findings).

We removed the carpet and flooring and when I stepped on the subfloor I fell through.

Very unique opportunity I fell into.

https://www.har.com/content/newsroom/Houston Real Estate Highlights in June:-Single-family home sales increased for the thirteenth consecutive month, up 13.6 percent year-over-year with 10,638 units sold;-The Days on Market (DOM) figure for single-family homes fell from 57 to 29;-Total property sales rose 16.9 percent with 13,090 units sold – the highest volume in history;-Total dollar volume increased 43.8 percent to $4.8 billion – a historic high;-The single-family average price reached a new record high, increasing 23.7 percent to $395,316; -The single-family median price rose 20.0 percent to $314,500 – also a record high; -Single-family homes months of inventory registered a 1.5-months supply, down from 3.0 months year-over-year and below the national inventory of 2.5 months;-On a year-to-date basis, single-family homes sales are running 25.9 percent ahead of 2020’s record pace.

The 30year term puts the mortgage would put the cost just below 3 units rented but the 20 year is more, I would be losing money until that unit is rented, I fell like ghe 30year lower payment is my margin of safety.

Over 90 days on the market, originally listed at $105k, went pending in June, deal fell through, and back on the market.

We just received a text from our realtor that a tree fell on the (detached) garage from the storms last night.

Make sure your lender is on the same page and if you need to back out, have the lender fill out a letter explaining that your financing fell through.

It fell on hard times.