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Updated almost 2 years ago on . Most recent reply

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Alex Ng
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Rehabbing vs Building a Property Profit Margins

Alex Ng
Posted

How much are profit margins say if I build a 4plex vs just finding a distressed 4 plex and fixing it up? I expect constructing a new one to cost more and take more time to do, but does it have more profitability than rehabbing? Is it worth the time and effort to construct a new property vs just rehabbing an old one? I'm looking to get into contracting so I desire to flip and develop houses. Just wanted to know if it was worth it. Thanks!

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Bob Stevens
  • Real Estate Consultant
  • Cleveland
3,687
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6,413
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Bob Stevens
  • Real Estate Consultant
  • Cleveland
Replied
Quote from @Alex Ng:

How much are profit margins say if I build a 4plex vs just finding a distressed 4 plex and fixing it up? I expect constructing a new one to cost more and take more time to do, but does it have more profitability than rehabbing? Is it worth the time and effort to construct a new property vs just rehabbing an old one? I'm looking to get into contracting so I desire to flip and develop houses. Just wanted to know if it was worth it. Thanks!


 Impossible to answer, 

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