pid=1704Houston Real Estate Highlights in February:-Single-family home sales jumped 13.2 percent year-over-year, with 6,044 units sold, marking the eighth consecutive month of positive sales;-The Days on Market (DOM) figure for single-family homes was unchanged at 68 days;-Total property sales surged 14.9 percent, with 7,393 units sold;-Total dollar volume increased 19.4 percent to about $2.1 billion;-The single-family home median price rose 5.2 percent to $245,000, reaching a February high;-The single-family home average price climbed 5.9 percent to a February high of $301,648;-Single-family homes months of inventory was at a 3.5-months supply, down fractionally from 3.6 months last February but above the national inventory level of 3.1 months;-Townhome/condominium sales rose for a third straight month – up 12.8 percent, with the average price up 14.5 percent to $216,170 and the median price up 16.5 percent to $176,500;-Lease properties experienced a mixed performance, as single-family home rentals increased 5.8 percent with the average rent up 1.8 percent to $1,768;-Volume of townhome/condominium leases fell 2.2 percent with the average rent up 3.5 percent to $1,607.

In addition, I loved Shoe Dog, Extreme Ownership, Never Split the Difference and Crushin It.

When buying or selling anything (real estate, mortgage, pair of shoes, it does not matter), it is worth considering where the other party is coming from.

Philadelphia County saw its tenth consecutive month of year-over-year gain.New listings rose on a year-over-year basis for the first time in four months.

Honestly, if I were in your shoes I'd do a house hack.

The other shoe that will drop is no state, city or county revenue.

It took me a long time to find a contractor who would give me a bid that was at the level of detail that I felt comfortable with, and the more they worked on the bid the higher the price rose...By the time the contractor's bid was finished, the rehab was going to be just under $100,000. 

That is what I would be interested in reducing if I was in your shoes.

In the Ontario market after the 2017 spike we did hit a small decrease but overall it rose homes to a new level of pricing. 

Investment Info:

Single-family residence note investment investment in Broken Arrow.

Purchase price: $82,500

Cash invested: $15,000

How did you find this deal and how did you negotiate it?
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