Buying & Selling Real Estate
Market News & Data
General Info
Real Estate Strategies
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Real Estate Classifieds
Reviews & Feedback
Updated over 3 years ago,
Crumbling profit margins - is it still worth the risk?
I'm a low volume investor and used to buy, rehab and flip or buy, rehab and rent and sometimes flip after holding a few years.
Now, I have flipped and acquired several properties from 2010 to 2018 and my margins were high.. Also, all my current 5 rentals have a 20 - 30% annual ROI (based on total money invested). I'm on many wholesellers mailing list but I have not come across any properties that would even get close to that.. I often sold my flips for more than twice what I had into them and now, you can maybe make a $30k profit on a $150k home here in Central Florida. $30k profit is not worth the risk as any unforseen issues with the property may eat up that margin easily.. I'm not dealing in high volume and margins that low don't cut it for me.. Does anyone have the same issue finding deals with better margins? It has been 3 years since I bough my last 3 properties..