What are your ROI goals?

[Scott Raley]

Hello Fellow Flippers,

What is your ROI (return on investment) target on properties you flip ? My goal is at least 10% or a minimum of 40K. I'm investing in the Silicon Valley area and our purchase price is at least 500K here for SF home. I'll usually want more if the project takes more than 6 months and/or involves adding living space.

What are your ROI goals and what areas are you investing the get the returns you want ?