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Updated over 7 years ago,

Tom Burks's profile image
Tom Burks's profile image
Tom Burks
  • Investor
  • from Acworth, Georgia
  • Member since May 18, 2017
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User Stats

11
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3
Votes
Tom Burks's profile image
Tom Burks's profile image
Tom Burks
  • Investor
  • from Acworth, Georgia
  • Member since May 18, 2017
Connect
Tom Burks
  • Investor
  • Acworth, GA
3
Votes |
11
Posts
Georgia Real Estate Q&A Discussion Forum

Anyone successfully buying at $20k rehabbing & selling @ $60-70k?

Tom Burks
  • Investor
  • Acworth, GA
Posted

Seems flipping at these low margins doesn't leave much on the bone. Are you doing low end rehabs? Most of what I am seeing is that the properties need at least a new roof, siding, and landscaping, not leaving much for interior work. I'm sure the numbers work for holding, but I'm not into the rental game at the moment.

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