This was the first time we asked about second, third and even fourth homes.
More Quotes from Walter Molony:
This has been fairly consistent over time. Younger people are more likely to move greater distances.Walter Molony
It's not like all of the buyers fell off a cliff. There are still people in the market during this time, just fewer. Some people think it's a great time to buy or sell.
Walter Molony
There are just too many unknowns right now. They're moving refugees to Texas. There hasn't been a lot of focus on people who are living in hotels and there are presumably 1.5 million people affected in Mississippi and Alabama. There is no one analyzing what the market impacts are going to be because we've never been in a situation like this before.
Walter Molony
You need to understand cash flow. What's going to be your income and expenses on your property You need good entrepreneurial skills. You need to have six months of reserves in case things don't work out the way you think it will.
Walter Molony
But this is uncharted territory. We've never seen this kind of destruction. There are relief efforts down there and you have real estate agents as refugees. There is too little known at this time.
Walter Molony
If you're on a flood plain, obviously that's an issue. And in the mountains there can be fire concerns.
Walter Molony
Readers Who Like This Quotation Also Like:
Deep down, the Iraqi people want the United States out. And their self-determination should be respected.Peter Camejo
He liked to go from A to B without inventing letters between.
John McPhee
The best part of the art of living is to know how to grow old gracefully.
Eric Hoffer