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Updated almost 5 years ago,

User Stats

253
Posts
215
Votes
Ryan Daigle
  • Investor
  • Apex, NC
215
Votes |
253
Posts

Triangle home flipping spikes, but most profits are dismal

Ryan Daigle
  • Investor
  • Apex, NC
Posted

From the Triangle Business Journal's "Triangle home flipping spikes, but most profits are dismal – here are the top ZIP Codes"

"Last year saw a flurry of house-flipping activity across the greater Triangle region as investors around the region worked to capitalize on a booming housing market. But relative profits were among the lowest in the nation."

The article mostly references data from this ATTOM report.

What has your experience been flipping locally - what kind of margins are you seeing in this market?