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Updated over 7 years ago on . Most recent reply

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38
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Andrew Hoelzel
  • Fort Collins, CO
12
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38
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Return on investment

Andrew Hoelzel
  • Fort Collins, CO
Posted

Do you all as buy/fix/flippers consider a 35% return on spent money (purchase price and repairs) as solid? What is everyone's target? I know many appreciate a simple 10% immediate return. Thoughts?

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Dave Van Horn
#5 Real Estate Events & Meetups Contributor
  • Fund Manager
  • Wayne, PA
1,625
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Dave Van Horn
#5 Real Estate Events & Meetups Contributor
  • Fund Manager
  • Wayne, PA
Replied

It's usually a deal by deal basis (including how much money I have to put up for the property and renovations). But if I don't make $20K to $30K minimum on a flip, I wouldn't consider the deal. 

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