This home is located in Anderson, IN.

We also have a team of VAs assisting the leadership team and tracking KPIs so we know if any location is faltering and needs attention. 

Typically, as I'm searching for further acquisitions, I don't even consider deals that won't return at least a fast 300%, with no further CapEx, just by clipping-and-flipping.

For the LTR outside CA, forming an LLC in the state where the property is located can reduce administrative costs and avoid double franchise taxes in California.

Investment Info:Single-family residence fix & flip investment. 176 Wildwood Road is a single-family home located in Sag Harbor, NY 11963.

If it's in a good location anticipated to go up in value, it could be worth it

This encourages them to start their search now and (hopefully) leave early so you can turn the unit around and find new tenants sooner. 

They get a higher return since they are covering housing cost, have the $250k per spouse primary residence deduction in gains, is a savings account, higher leverage position, lower interest rate possible, will pay more premium for location, etc.House might be overpriced for REITs but not for home owners.  

I read Brian Burke’s book and concluded I wanted to go with a syndicator who was vertically integrated in all phases and also geographically concentrated such that they were experts in one  location.

Then, just three weeks before closing, my largest commercial tenant—who brought in as much monthly revenue as all 25 mobile home tenants combined—announced they were moving to a location closer to their main office.