Here are some latest stats:1️⃣ 84,350 single family homes and condos in the U.S. were flipped in Q2 20232️⃣ The % of flips representing all home sales slightly went down in Q2 20238% of all home sales in Q2 2023 vs 8.9% in Q2 2023 vs 9.9% in Q1 20233️⃣ Despite that drop, the median $308,500 resale price of homes flipped nationwide, generated a gross profit of $66,500 in Q2 2023 above the median investor purchase price of $242,000Q1 2023 - $56,250 gross profit (up by ~18% in Q2 2023)Q2 2022 - $102,063 gross profit (35% down in Q2 2023)4️⃣ The typical gross flipping profit translated into 27.5% ROI in Q2 20235️⃣ Typical home flipping returns increased quarterly in 2/3 of nation, led by Trenton, NJ, Akron, OH, and Montgomery, AL6️⃣ The largest investment returns on typical home flips among metro areas with a population of at least 1 million in Q2 2023:👉 Baltimore, MD (79.3 percent)👉 Philadelphia, PA (76.9 percent)👉 Rochester, NY (76.2 percent) 👉 Richmond, VA (75.5 percent)7️⃣ The weakest returns on typical home flips among metro areas with a population of at least 1 million in Q2 2023:  👉 Austin, TX (3.3 percent loss)👉 Phoenix, AZ (4.9 percent gain)👉 Salt Lake City, UT (6 percent gain)👉 Dallas, TX (6.7 percent gain)👉 San Antonio, TX (6.8 percent gain)8️⃣ Of the 84,350 U.S. homes flipped in the Q2 2023, 11.9% were sold to buyers using loans backed by the Federal Housing Administration (FHA), marking the fourth straight quarterly gain.9️⃣ The average time it took from purchase to resale on home flips rose to 178 days in the Q2 2023.

The Trump Administration tax cuts may keep it going longer than people might think.  

All of the clinical areas, administration, pastoral care, hospice, business office.  

If they charge other fees like administrative fees etc, require renters insurance, and competitors don't charge these fees or have mandatory plans, you may be less competitive.  

Speak to your CPA and a 1031 exchange administrator to confirm and discuss!

The NFIP sets two different premium levels: (1) “full-risk rates” intended to cover administrative costs and expected annual flood losses; and (2) “subsidized rates” primarily for high-risk properties built before flood maps were issued for such properties or for coverage begun before 1975, whichever is later.

Do you have employees helping or how do you handle the administrative needs for projects like this?

The UC is going to build their administration building downtown and there will be 100's of new workers stationed there.

Things like digital locks with self-check-in codes are not allowed anymore unless someone is physically there to meet your guests.I spoke with Becky at the City Hall of BBL, Administrative Assistant who is a of these new rules to get a little more info on new check-in process and she said a person who lives there and will be representing your rental must come to City Hall with ID, sign the paperwork and pass a certification where your response agent learns about meeting-greeting your tenants.Why do that and continue complicate things?

I’m 18 years old and going to school for business administration.