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Updated about 6 years ago on . Most recent reply

User Stats

185
Posts
26
Votes
Joshua Chen
  • Investor
  • Riverside, CA
26
Votes |
185
Posts

Profit Margin

Joshua Chen
  • Investor
  • Riverside, CA
Posted

For experienced flippers, what do you consider to be your acceptable profit margin?

Most Popular Reply

User Stats

102
Posts
102
Votes
Judah Hoover
  • Real Estate Investor
  • Lancaster, PA
102
Votes |
102
Posts
Judah Hoover
  • Real Estate Investor
  • Lancaster, PA
Replied

I agree with @J Scott 

I would only add this little extra rule. if i am doing a $20k rehab, i want to make $20k. If I am doing a $40k rehab, there better be $40k for me. AVOID doing a $30k rehab just to make $15k.

Notice my use of the word "avoid", it aint set in stone, there are times to break every rule... just think long and hard before you do.

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