(Unless you flip homes for a living)Pending Home Sales Slump As NAR Warns "Activity Has Essentially Stalled"New Home Sales rose in May, Existing Home Sales dropped in May, and today we find out that Pending Home Sales also tumbled in May... so that's 2 down, 1 up - not good (especially as mortgage apps are tumbling in June)This is the second monthly decline in a row, but Pending home sales are down 2.2% YoY - the 5th straight month of annual sales declines.Home sales fell for the year in all regions YoY, but the decline in the last month was concentrated in the South, while the other three regions reported MoM increases.

Our start wasn’t easy, fell into our first rental – it was a failure…however the learning experience helped get us to where we are today.

My time at BFE bases like Fort Huachuca, AZ showed that cities like Bisbee and Tombstone would recruit groups off the base....my group fell for Tombstone, and they got a buck or two for the two years the bulk of us were there.

@Garrett Holbrook please ask the agent why the last deal fell through.

The con would be hail damage to roofs, high property taxes, and foundation issues (the cost of repair is much lower than CA). yup I got a first hand look at those danger points in Texas had to replace roofs had to jack up houses and fell out of my chair when we got the tax bill.

We got hit pretty hard in late 2014 and prices definitely fell and there is currently a lot of inventory, making it a great buyers market.

A tree fell on one of my rental properties yesterday (one story home). 

Hello everyone, I'm not an experienced investor I should say from my experience that I'm a terrible one, we owned a doublewide on a 1 acre lot in Gainesville Ga that took us a lot of work to pay off ($59,900 owner financed at 10% interest) but once we finish it we tried to rent it out and it didn't work, tenants destroyed the property so we left it alone for a few years.Two years ago I decided I was going to fix it myself and I did, it took me 1.5 years and at least 20k but once we finish it we had a bad storm in Georgia (Irma) and three trees fell on top of the house.

Long story short the deal fell through but it can happen.

I almost fell out of my seat when they told me how long it would take.