Re: Farming Criteria
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.
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