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Updated about 15 years ago,
Rental Property Vs. Flip buyer
What's the difference between getting a property under contract with the intent to market to flippers vs landlords?
Obviously if the price is right, both will be interested. Should I stick with my formula (ARV * .70 - repair costs (including fudge factor) - my profit) to come up with what I want to get the property under contract for at all times or should I run it from a landlords perspective as well?
When marketing the property, should I market it as what the potential flipper can make and let the landlord figure out the numbers for himself, or should I market it was both perspectives?