Updated over 11 years ago on . Most recent reply
Is 10% ROI good enough?
My Buyers are looking for a minimum 15% ROI. I've been loosing a lot deals with a good 10% return.
I'm in Los Angeles, to get over 15% is tough, and getting harder.
Now, I'm looking into Hard Money to get my own deals. I'm happy with a $50-$80k profit.
Why 10% is not enough?
Regards,
Most Popular Reply
Coming into a deal with double digit upside is tough around here. The higher dollar market still delivers these returns, but you'll fight a tough battle scouring for deals under that price point.