Profit Margin

[Erika F.]

I am trying to determine if there is an industry standard profit margin for real estate investors. Is there a standard percentage of profit that you look for when evaluating a deal?

i.e. When evaluating a deal, always look for at least a 30% profit that can be reinvested back into your business, etc.

[Jeff Fairchild]

Buy this book used off of amazon

Buying Real Estate Without Cash or Credit (Paperback) by Peter Conti (Author), David Finkel (Author)

It used to be that you could buy a property for (After repaired value - cost of repairs) * 70% but now with the economy the way it is, it is more like 60%