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Updated about 10 years ago,
what kind of flipping roi is everyone acheiving?
Socially ran into the managing broker at one of the local realestate office. He thought beating a 25% cash on cash return that we are gettibg in buy and hold with flipping locally would be hard to do. That suprised me. I know all markets are local and everyones approach is different. I would do alot of work on a flip myself but my carry cost would also be greater. I just wouldn't be much interested in a flip if I couldn't doubble my money. What do you think?