301 Redirect on the Same Server

In Hump Day Hangout Episode 58 (https://www.youtube.com/watch?v=zm8ahX5KZCI), one of the questions asked was on using the same server when redirecting (301) websites.

The exact question was:

“When 301ing an expired domain to a money site and also 301 a 2nd expired to the first 301 expired does it matter if all the domains are on the same name server like fatcow? I have an unlimited plan so thinking of buying 1-3 expired domains then 301 one of them to my money site and a 2nd 301 to the first 301. Fat cow is so damn cheap is it ok that the 301s come from a fatcow account and redirect to my $ site that is also on fatcow but on a different account??”

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