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Real Estate Answer

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Sara Leigh



Joined: 02 Mar 2004
Posts: 7385
Location: Virginia
Real Estate Answer  Reply with quote  

Chris wrote:
Enjoy your nice house with the tiny mortgage and the freedom that affords you.

There is money to be made, but if you get caught in the wrong part of the cycle, you can literally lose the roof over your head. That said, I’ve missed some major, major moves in real estate when I could have made serious “fuck you” money if I had made a move, so you might want to talk to people who have been in the business through a couple of “booms” and busts.

Actually, I can’t believe you guys are asking financial questions. I’m not even allowed to handle cash around the house because I’m so irresponsible. Obviously, your comments are encouraged and welcome, especially if you have a clue about money.


Actually, I don't have a mortgage on my house. Paid it off when my mother died. So I stand to do well whenever I decide to sell it, since I'll more than likely be downsizing (you may ask how I could downsize from such a small house; answer, I don't know) or moving to another area that I hope will have a lower cost of living.

I asked the financial question because I figured you'd get into coming up with a well-thought-out answer (or one that appeared to be anyway). Very Happy

Post Mon Mar 14, 2005 4:19 pm   View user's profile Send private message Send e-mail Visit poster's website Yahoo Messenger
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