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Updated almost 7 years ago on . Most recent reply
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Need help understanding Profit Margin
Greetings,
I'm new to real estate investment and I was reading one of the BRRRR blogs and it stated that one of financial goals regarding Margin should be at least 20% of the value after remodel.
So here is my question, Does it mean the amount you invest in the property after you rehab should be at least 20%. I’m not sure if I’m understanding this and would really appreciate clarification so that I can effectively apply it. A scenario would be great also...Thanks