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Updated almost 9 years ago on . Most recent reply

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48
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7
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Evan Kilbourne
  • Consultant
  • Dana Point, CA
7
Votes |
48
Posts

Typical Flip Profit % in OC/LA Area

Evan Kilbourne
  • Consultant
  • Dana Point, CA
Posted

Hi All,

I'm slowly but surely building my systems/spreadsheets to begin wholesaling, and I was wondering from the experience flippers what is a typical profit margin in the OC/LA area? I'd like to get just a ballpark number, and then get more specific numbers from buyers themselves.

-Evan

Most Popular Reply

Account Closed
  • Real Estate Investor
  • Rancho Santa Fe , CA
107
Votes |
323
Posts
Account Closed
  • Real Estate Investor
  • Rancho Santa Fe , CA
Replied

I will say there is no Average but the closes thing to own Realistically what you can get 12%-18% Profit People would like and say they need to Buy at 25%-30% under market, but that's just my opinion I do deals that I can make 12% as long as I can get 2-3 at the same time, better then waiting around for no deals to come, at 30% under market I. Such competitive markets now a days in LA,OC and SD

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