How much profit should you make on your first flip?

[Engelo Rumora]

I know when you first get started investing in real estate, money is always a tough situation. You never want to lose money when you're buying and flipping a house. When flipping a house you should make as much profit as you possibly can. You should be making absolutely no less than 30% profit margins from your fix and flips. If your bringing in anything less than that, it's time you rethink your investing and what you're putting into these houses.

How much profit are you making from your flips and what are guidelines to success?