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Updated almost 11 years ago on . Most recent reply

User Stats

70
Posts
24
Votes
Emerson Miranda
  • Investor
  • Torrance, CA
24
Votes |
70
Posts

Is 10% ROI good enough?

Emerson Miranda
  • Investor
  • Torrance, CA
Posted
My Buyers are looking for a minimum 15% ROI. I've been loosing a lot deals with a good 10% return. I'm in Los Angeles, to get over 15% is tough, and getting harder. Now, I'm looking into Hard Money to get my own deals. I'm happy with a $50-$80k profit. Why 10% is not enough? Regards,

Most Popular Reply

User Stats

67
Posts
14
Votes
Daniel Sanchez
  • Beverly Hills, CA
14
Votes |
67
Posts
Daniel Sanchez
  • Beverly Hills, CA
Replied

Coming into a deal with double digit upside is tough around here. The higher dollar market still delivers these returns, but you'll fight a tough battle scouring for deals under that price point.

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