Updated almost 8 years ago on . Most recent reply
Return on investment
Do you all as buy/fix/flippers consider a 35% return on spent money (purchase price and repairs) as solid? What is everyone's target? I know many appreciate a simple 10% immediate return. Thoughts?
Most Popular Reply
It's usually a deal by deal basis (including how much money I have to put up for the property and renovations). But if I don't make $20K to $30K minimum on a flip, I wouldn't consider the deal.