Show #22- New Construction With Vernon Vaughan

Jason and Ian bring Vernon Vaughan from Capitol Gateway Development onto the show today. Vernon discusses his current business model and adjustments he has recently made for his new construction and rehabbing deals. He focuses in Washington DC and PG County Maryland.    Although many investors are focusing on shorter term projects he still believes his method for building new construction on infill lots is a profitable business model.   Two good tips from Vernon are 'The best day to list a property was yesterday, the next best day is today' and 'When we buy land our max price is =< 20% ARV".. Tune in now to here the entire interview...