Brandi Vigil
What is the minimum profit margin for a fix and flip?
We live a market where inventory is extremely low and prices are high. Every fix and flip opportunity we look at, we will barely clear $10k-$20k assuming there are no underlying issues. Can anyone recommend the mini...
Mark Lopez
Seems like a tight profit margin? What do you guys think
Here are the numbers,
ARV: $150K ( Low to mid range )
Repairs: $25K
Purchase price: $96K
Using Hard Money @ 14% w/3 points
Note: Transitional neighborhood, investors are actively working the area.
Chad Clark
Tax sale auction from 42k to 160k. Almost 300% profit margin.
Investment Info:
Single-family residence buy & hold investment.
Purchase price: $42,000
Cash invested: $8,000
Tax auction special. Picked up for higher than normal (COVID made prices silly). Ab...
Matt M.
Getting a duplex and making slim margins of profit vs triplex and few hundred $ more in profit
So basically heres my question. $70k duplex, with the cost of mortgage I'll make just a pinch over the requirements and put a few bucks into my pockets.
Vs
triplex, around $80-85k, and a few bucks *more* into my po...
Ben Bakhshi
Highest profit margin deal closed. Home built in 2006. Turnkey, CAP 20.
This home is a duplex, built in 2006, each side has 4 bedrooms and 3 baths with hardwood floors. Each side is currently rented for $650/mo.
Initial price: $64,900.
We offered $67,500 and lost to a $68,000 bid. The cl...
Troy Schwamberger
What is a a good "rule of thumb" profit margin to shoot for?
What is a a good "rule of thumb" profit margin to shoot for when renting? If your out of pocket expenses are $1000, would $1500 per month rent be an average or above average. $500 per month profit.
John Dunn
Focusing on the wrong thing?
I'm crunching numbers on my first investment purchase and suspect I'm focusing too much on the profit margin during the first two years (low single digits). I think the margins will be between 10% (no refinance and ...
Nathan Seigel
article on house flipping profits
Hi, I came across this article. I am assuming they are talking about house flipping, although I dont see it specified. I am also skeptical of the profit amounts, unless they are not calculating costs of repairs, and b...
Alexis Munoz
If You Had $200k to Invest In A Fix And Flip...
Can $200k all in bring a $40k to $50k profit in the Greater Nashville area? If so, what areas can provide this type of profit margin?If not, what profit margin can you expect with $200k all in?
Zack Rosenbaum
FHA Lenders for small multifamily house hacks
Good afternoon BP Community,I am working on assembling my "Core Four" and wanted to see if anyone had suggestions for good lenders to work with. I am looking to buy a small multifamily building with an FHA loan, and h...