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Updated almost 8 years ago on . Most recent reply

Justin B.'s profile image
Justin B.'s profile image
Justin B.
  • from Lakewood, Ohio
  • Member since Dec 4, 2013
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Justin B.'s profile image
Justin B.'s profile image
Justin B.
  • from Lakewood, Ohio
  • Member since Dec 4, 2013
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Justin B.
  • Lakewood, OH
60
Votes |
193
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Buying & Selling Real Estate

Home Flipping Profits Top 10 States

Justin B.
  • Lakewood, OH
Posted

Saw this on Zerohedge, nice to see my neighborhood is the top on the list!

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Account Closed's profile image
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Account Closed
  • Investor
  • from Scottsdale, Arizona
  • Member since Aug 25, 2016
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Account Closed
  • Investor
  • from Scottsdale, Arizona
  • Member since Aug 25, 2016
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Account Closed
  • Investor
  • Scottsdale, AZ
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Account Closed
  • Investor
  • Scottsdale, AZ
Replied

@Justin B. 

You're my kinda guy if you track Zerohedge. 

But OUCH, most of those gross profits hurt! I always CLEARED at least $35k when I was flipping and made as high as $250k Cleared (after rehab costs and carrying costs are deducted). 

Now I can get $40k doing Subject To and not have to rehab. Flipping is for people that are bad at math. ;-)

Realtor.com says the Average Net is $15,000 per flip. Yikes!

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