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Updated over 10 years ago, 08/19/2014
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,