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Updated over 9 years ago,

User Stats

7
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0
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Andrew Tolleson
  • Investor
  • Dallas, TX
0
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7
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DFW Market - What profit are you making on flips?

Andrew Tolleson
  • Investor
  • Dallas, TX
Posted

I've done a couple flips in the 400k range in the Dallas area lately and am curious what kind of return other investor/flippers are seeing in this market.  Its almost October now and the market seems to have softened a touch, but DFW has great job growth coming as a driving factor so the market should remain one of the best in the country.

I was told I should be making 20%.  But 20 % of what?  Should I be netting $80k on a $400k sale price?  What are you seeing as a net profit on your flips after all expenses including rehab, realtor, closing, and holding costs?

Thanks so much.

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