Farming Criteria

When deciding on a farm area what has been your number one criteria... turnover, size, location, or something else?

[Jim Messenger]

Our number one criterion is turn over. We figure that none of the rest matters if there is no turnover in the neighborhood. My wife and I were talking about this yesterday. There is a neighborhood that she is really fond of and gets very excited anytime she finds a home for sale in there for one of her clients. Do we farm that neighborhood? No. It only has 30 homes in it and also does not have a very high turnover. We typically look for neighborhoods with at least an 8% turnover.

Originally Posted by Jim Messenger Our number one criterion is turn over. We figure that none of the rest matters if there is no turnover in the neighborhood.

Agreed.