Rehabbing & House Flipping
Market News & Data
General Info
Real Estate Strategies
Short-Term & Vacation Rental Discussions
presented by
Landlording & Rental Properties
Real Estate Professionals
Financial, Tax, & Legal
Tax, SDIRAs & Cost Segregation
presented by
1031 Exchanges
presented by
Real Estate Classifieds
Reviews & Feedback
Updated over 9 years ago,
DFW Market - What profit are you making on flips?
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.