California flippers, what are your profit margins?

[Nancy Zhao]

Just curious to see if my numbers are better or worse than the average. I'll start, on my last 3 flips it was 9%/5 months, 17%/3 months, 16%/4 months. This is on total project cost with no financing, before tax.

[Nancy Zhao]

Originally posted by @Dylan Vargas:

@Nancy Zhao Welcome! Can you give more detail on the numbers of say last one? Like  house cost, renovation costs, selling costs, profit. Thank you!

 Sure. My last project was 770 acquisition cost, 70 reno+staging, 45 selling, profit before tax 140.