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Updated about 6 years ago on . Most recent reply
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Profit Margin
For experienced flippers, what do you consider to be your acceptable profit margin?
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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.